Civic Intelligence

Naglrep Inc

EIN 47-1332655 • 501(c)3 • Jupiter, FL

Profile

Advocacy for gay/lesbian and transgender real estate professionals

1365 Bourne DriveJupiter, FL 33458

n/A

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2020

Liabilities / Revenue

35th percentile

0.00x

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

501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

10th percentile

-34%

Higher net margin than 10% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

67th percentile

$49,137

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-50%

Faster revenue growth than 6% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Down

$0

Down $153,425 (-100%) from 2019

Liabilities

Flat

$0

Flat from 2019

Net Assets

Down

$0

Down $153,425 (-100%) from 2019

Revenue

Down

$638,952

Down $643,039 (-50%) from 2019

Expenses

Down

$855,290

Down $432,776 (-34%) from 2019

Net Income

Down

-$216,338

Down $210,263 (-3461%) from 2019

Trend Graphs

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $3,000Liabilities 2014: $0Net Assets 2014: $3,0002014Assets 2015: $3,125Liabilities 2015: $0Net Assets 2015: $3,1252015Assets 2016: $8,423Liabilities 2016: $0Net Assets 2016: $8,4232016Assets 2017: $28,066Liabilities 2017: $0Net Assets 2017: $28,0662017Assets 2018: $159,500Liabilities 2018: $0Net Assets 2018: $159,5002018Assets 2019: $153,425Liabilities 2019: $0Net Assets 2019: $153,4252019Assets 2020: $0Liabilities 2020: $0Net Assets 2020: $02020

Highlighted filing

2020

Assets$0
Liabilities$0
Net Assets$0

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $104,267Expenses 2014: $104,049Net Income 2014: $2182014Revenue 2015: $481,517Expenses 2015: $478,392Net Income 2015: $3,1252015Revenue 2016: $550,686Expenses 2016: $545,388Net Income 2016: $5,2982016Revenue 2017: $767,742Expenses 2017: $915,692Net Income 2017: -$147,9502017Revenue 2018: $1,087,932Expenses 2018: $945,918Net Income 2018: $142,0142018Revenue 2019: $1,281,991Expenses 2019: $1,288,066Net Income 2019: -$6,0752019Revenue 2020: $638,952Expenses 2020: $855,290Net Income 2020: -$216,3382020

Highlighted filing

2020

Revenue$638,952
Expenses$855,290
Net Income-$216,338

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.0
Gross Receipts
$638,952
Mission and Program Overview

Mission

Advocacy for gay/lesbian and transgender real estate professionals

Advocacy for gay, lesbian, bisexual, and transgender real estate professionals

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$243,527--
Total Assets$243,527$0▼ $243,527
Liabilities
Other Liabilities$27,189--
Total Liabilities$27,189$0▼ $27,189
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$216,338--
Total Net Assets Fund Balance$216,338$0▼ $216,338
Total Liabilities and Net Assets / Fund Balance$243,527$0▼ $243,527
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jeff BergerPresidentPT$49,137$49,137

Board Members and Trustees

NameTitle
Jeffrey BuzzellaSecretary
Veda RaiTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Suburban Foreclosures INCSee Schedule L1365 BOURNE DRIVE, Jupiter, FL 33458$428,000
Revenue and Support

Revenue Composition

Contributions and Grants
$590,126
Program Service Revenue
$0
Investment Income
$48,826
Other Revenue
$0
All Other Contributions
$312,500
Change in Net Assets
$-216,338
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$756,731
Grants and Similar Amounts Paid$49,422
Salaries, Compensation, and Employee Benefits$49,137
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$130,062$428,000-$558,062
Fees for Services Legal-$83,896-$83,896
Grants to Domestic Orgs$49,422--$49,422
Current Officers, Directors, Trustees, and Key Employees-$49,137-$49,137
Advertising$38,437--$38,437
Conferences and Meetings$36,158--$36,158
Fees for Services Accounting-$11,199-$11,199
All Other Expenses-$1,481-$1,481
Other Expenses$1,450$2,672-$1,450
Insurance-$1,121-$1,121
Total Functional Expenses$255,529$599,761$0$855,290
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Matthew Shepard FoundationCasper, WY-Termination$36,845
Jupiter Maltz TheaterJupiter, FL-Termination$12,577
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jeff BergerJeff BergerVarious ExpensesNo$428,000
-PresidentConsulting FeesNo$49,137
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
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, Page 6, Part VI, Line 2

Jeff berger suburban foreclosures president president wholly owned by jeff berger

Form 990, Page 6, Part VI, Line 4

The organization amended and restated its bylaws. A copy of the amended and restated bylaws are provided in this filing.

Form 990, Page 6, Part VI, Line 11B

The board of directors have reviewed the form 990.

Form 990, Page 6, Part VI, Line 12C

Prior to any voting all board members were required to disclose any conflicts.

Form 990, Page 6, Part VI, Line 15A

Comparative analysis was conducted for similar services

Form 990, Page 6, Part VI, Line 19

The conflict of interest policy is available upon request.

Filing and Contact Details

Filer

Filer Name
Naglrep Inc
EIN
47-1332655
Address
1365 BOURNE DRIVE, JUPITER, FL 33458

Signing Officer

Name
Jeff Berger
Title
President
Signed
2021-11-15

Organization Details

Principal Officer
Jeff Berger
Formed
2014
Legal Domicile
Fl
Voting Board Members
3
Independent Board Members
3
Employees
0

Preparer

Firm
Asc Advisors LLC
Address
205 SE 20TH ST, FORT LAUDERDALE, FL 33316
Preparer
Gabriel Alvarez
Phone
9546868202
Supplemental Narrative

Additional Explanations

Form 990

The final asset of naglrep was its customer list, which was sold to suburban foreclosures, inc. An appraisal was done by a third-party to determine the value of the customer list and the proceeds from the sale of the customer list were tranferred to other non-profit organizations. A copy of the appraisal has been provided with this filing.

Form 990, Page 2, Part III, Line 2

Futhering other charitable organizations was added as a program service accomplishment.

Form 990, Page 2, Part III, Line 3

The organization ceased conducting all program services at the end of 2020.

Form 990, Page 2, Part III, Line 4D

Other general and administrative support for other exempt purposes

Form 990, Part IX, Line 11G

Consulting fees 130,062 428,000 0

Raw XML Appendix398 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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IRS990/GainOrLossGrp/OtherAmt048826
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IRS990/GoverningBodyVotingMembersCnt03
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt048826
IRS990/GrossReceiptsAmt0638952
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IRS990/IndependentVotingMemberCnt03
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IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt03
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IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt17500
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt229345
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt312577
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt01120S
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt1501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt2501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt3501(C)(3)
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0APPRAISAL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt1CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt2CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt3CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0SUBURBAN FORECLOSURES INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm1MATTHEW SHEPARD FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm2MATTHEW SHEPARD FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm3MALTZ JUPITER THEATRE INC
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt01365 BOURNE DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt1301 THELMA DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt2301 THELMA DRIVE
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt31001 E INDIANTOWN ROAD
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0JUPITER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm1CASPER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm2CASPER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm3JUPITER
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0FL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd1WY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd2WY
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd3FL
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd033458
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd182609
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd282609
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd333477
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FINAL ASSET OF NAGLREP WAS ITS CUSTOMER LIST, WHICH WAS SOLD TO SUBURBAN FORECLOSURES, INC. AN APPRAISAL WAS DONE BY A THIRD-PARTY TO DETERMINE THE VALUE OF THE CUSTOMER LIST AND THE PROCEEDS FROM THE SALE OF THE CUSTOMER LIST WERE TRANFERRED TO OTHER NON-PROFIT ORGANIZATIONS. A COPY OF THE APPRAISAL HAS BEEN PROVIDED WITH THIS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FUTHERING OTHER CHARITABLE ORGANIZATIONS WAS ADDED AS A PROGRAM SERVICE ACCOMPLISHMENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION CEASED CONDUCTING ALL PROGRAM SERVICES AT THE END OF 2020.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OTHER GENERAL AND ADMINISTRATIVE SUPPORT FOR OTHER EXEMPT PURPOSES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4JEFF BERGER SUBURBAN FORECLOSURES PRESIDENT PRESIDENT WHOLLY OWNED BY JEFF BERGER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION AMENDED AND RESTATED ITS BYLAWS. A COPY OF THE AMENDED AND RESTATED BYLAWS ARE PROVIDED IN THIS FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE BOARD OF DIRECTORS HAVE REVIEWED THE FORM 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7PRIOR TO ANY VOTING ALL BOARD MEMBERS WERE REQUIRED TO DISCLOSE ANY CONFLICTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8COMPARATIVE ANALYSIS WAS CONDUCTED FOR SIMILAR SERVICES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9THE CONFLICT OF INTEREST POLICY IS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CONSULTING FEES 130,062 428,000 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 2, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990, PART IX, LINE 11G
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IRS990/SignificantChangeInd0true
IRS990/SignificantNewProgramSrvcInd0true
IRS990/StatesWhereCopyOfReturnIsFldCd0FL
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0true
IRS990/TotalAssetsBOYAmt0243527
IRS990/TotalAssetsEOYAmt00
IRS990/TotalAssetsGrp/BOYAmt0243527
IRS990/TotalAssetsGrp/EOYAmt00
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0590126
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0599761
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0255529
IRS990/TotalFunctionalExpensesGrp/TotalAmt0855290
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027189
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt027189
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0216338
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherProgSrvcExpenseAmt01450
IRS990/TotalProgramServiceExpensesAmt0255529
IRS990/TotalReportableCompFromOrgAmt049137
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt048826
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0638952
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0243527
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt01365 BOURNE DRIVE
IRS990/USAddress/CityNm0JUPITER
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033458
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0NAGLREP.COM
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JEFF BERGER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NAGLREP INC
ReturnHeader/Filer/BusinessNameControlTxt0NAGL
ReturnHeader/Filer/EIN0471332655
ReturnHeader/Filer/USAddress/AddressLine1Txt01365 BOURNE DRIVE
ReturnHeader/Filer/USAddress/CityNm0JUPITER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033458
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0852777294
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ASC ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0205 SE 20TH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0FORT LAUDERDALE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033316
ReturnHeader/PreparerPersonGrp/PhoneNum09546868202
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GABRIEL ALVAREZ
ReturnHeader/ReturnTs02021-11-15T14:38:27-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEFF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BERGER
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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