Civic Intelligence

The Brooklyn Events Center Foundation Inc

990EZ • Fiscal year 2019 • EIN 47-1448155

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

205 east 42 street floor 19New York, NY 10017

(718) 942-9694

Siviq Scores

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

Liabilities / Assets

90th percentile

0.48x

Higher debt load relative to assets than 90% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

345.74x

Higher debt load relative to revenue than 100% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

1st percentile

-89543%

Higher net margin than 1% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

3rd percentile

-94%

Faster asset growth than 3% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$25,025

Down $378,596 (-94%) from 2018

Net Assets

Down

$12,924

Down $31,340 (-71%) from 2018

Liabilities

Down

$12,101

Down $347,256 (-97%) from 2018

Revenue

Down

$35

Down $363,087 (-100%) from 2018

Expenses

Down

$31,375

Down $344,525 (-92%) from 2018

Net Income

Down

-$31,340

Down $18,562 (-145%) from 2018

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2017: $57,042Liabilities 2017: $0Net Assets 2017: $57,0422017Assets 2018: $403,621Liabilities 2018: $359,357Net Assets 2018: $44,2642018Assets 2019: $25,025Liabilities 2019: $12,101Net Assets 2019: $12,9242019Assets 2020: $23,550Liabilities 2020: $12,101Net Assets 2020: $11,4492020

Highlighted filing

2019

Assets$25,025
Liabilities$12,101
Net Assets$12,924

Operations Trend

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

$400K$200K$0-$200KRevenue 2017: $185,520Expenses 2017: $146,275Net Income 2017: $39,2452017Revenue 2018: $363,122Expenses 2018: $375,900Net Income 2018: -$12,7782018Revenue 2019: $35Expenses 2019: $31,375Net Income 2019: -$31,3402019Revenue 2020: $0Expenses 2020: $1,475Net Income 2020: -$1,4752020

Highlighted filing

2019

Revenue$35
Expenses$31,375
Net Income-$31,340
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.1
Gross Receipts
$35
Mission and Program Overview

Mission

The mission of the organization is: (a) to provide access and/or exposure for youths and adults in the brooklyn community to athletic, cultural and community events with the expressed goal of enhancing quality of life and affording greater opportunites for personal growth and development. It is anticipated that the access and exposure will be provided through the sponsorship of athletic events and/or leagues career days, community tours field trips and other similar unique programming in and around brooklyn for attendance and/or particiption by youths and adults and , if necessary. The provision of financial assistance to defray the costs of such attendance or participation. (b) to support, through funding and/or endorsement, existing services and facilities in brooklyn that are consistent with the corporation's stated purposes identified in subparagraph (a) above. (c) to solicit, receive, maintain and administration a fund or funds of real and/or personal property and apply the whole

Program Services

DescriptionGrantsExpenses
TO PROVIDE ACCESS AND/OR EXPOSURE TO YOUTHS AND ADULTS IN THE BROOKLYN COMMUNITY TO VARIOUS COMMUNITY EVENTS WITH THE EXPRESSED GOAL OF ENHANCING QUALITY OF LIFE AND AFFORDING GREATER OPPORTUNITES FOR PERSONAL GROWTH AND DEVLOPMENT.$4,250$4,250
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRETT YORMARKPresident-Director (Term 9/19)-$0--
EU GENE SUNGTreasurer-Director (Term 9/19)-$0--
JEFF GEWIRTZSecretary-Director (Term 9/19)-$0--
maureen hanlonPresident & Treasurer-Director-$0--
SAM PHELPSSecretary - Director-$0--
Filing and Contact Details

Filer

Filer Name
Onexim Foundation Inc
EIN
47-1448155
In Care Of
% MAUREEN HANLON
Phone
7189429694
Address
205 east 42 street floor 19, NEW YORK, NY 10017

Signing Officer

Name
Maureen Hanlon
Title
President/treasurer
Phone
7189429694
Signed
2020-11-16
Discuss with paid preparer
Yes

Preparer

Firm
WithumSmithBrown PC
Address
ONE TOWER CENTER BLVD 14TH FL, EAST BRUNSWICK, NJ 08816
Preparer
Kenneth R Hicks
Phone
7328281614
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 16

Description:PROFESSIONAL FEES Amount:24000

Form 990EZ Part I Line 16

Description:OFFICE EXPENSES Amount:3125

Raw XML Appendix164 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
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0333621
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRETT YORMARK
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3maureen hanlon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SAM PHELPS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT-DIRECTOR (TERM 9/19)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER-DIRECTOR (TERM 9/19)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY-DIRECTOR (TERM 9/19)
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3PRESIDENT & TREASURER-DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY - DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt070000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherEmployeePaidOver100kCnt00
IRS990EZ/OtherExpensesTotalAmt027125
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE ORGANIZATION IS: (A) TO PROVIDE ACCESS AND/OR EXPOSURE FOR YOUTHS AND ADULTS IN THE BROOKLYN COMMUNITY TO ATHLETIC, CULTURAL AND COMMUNITY EVENTS WITH THE EXPRESSED GOAL OF ENHANCING QUALITY OF LIFE AND AFFORDING GREATER OPPORTUNITES FOR PERSONAL GROWTH AND DEVELOPMENT. IT IS ANTICIPATED THAT THE ACCESS AND EXPOSURE WILL BE PROVIDED THROUGH THE SPONSORSHIP OF ATHLETIC EVENTS AND/OR LEAGUES CAREER DAYS, COMMUNITY TOURS FIELD TRIPS AND OTHER SIMILAR UNIQUE PROGRAMMING IN AND AROUND BROOKLYN FOR ATTENDANCE AND/OR PARTICIPTION BY YOUTHS AND ADULTS AND , IF NECESSARY. THE PROVISION OF FINANCIAL ASSISTANCE TO DEFRAY THE COSTS OF SUCH ATTENDANCE OR PARTICIPATION. (B) TO SUPPORT, THROUGH FUNDING AND/OR ENDORSEMENT, EXISTING SERVICES AND FACILITIES IN BROOKLYN THAT ARE CONSISTENT WITH THE CORPORATION'S STATED PURPOSES IDENTIFIED IN SUBPARAGRAPH (A) ABOVE. (C) TO SOLICIT, RECEIVE, MAINTAIN AND ADMINISTRATION A FUND OR FUNDS OF REAL AND/OR PERSONAL PROPERTY AND APPLY THE WHOLE
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO PROVIDE ACCESS AND/OR EXPOSURE TO YOUTHS AND ADULTS IN THE BROOKLYN COMMUNITY TO VARIOUS COMMUNITY EVENTS WITH THE EXPRESSED GOAL OF ENHANCING QUALITY OF LIFE AND AFFORDING GREATER OPPORTUNITES FOR PERSONAL GROWTH AND DEVLOPMENT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt04250
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt04250
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0359357
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt012101
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt031375
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IRS990EZ/TotalRevenueAmt035
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt035
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt016120
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IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96010
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IRS990ScheduleA/TotalSupportAmt0991542
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description:PROFESSIONAL FEES Amount:24000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description:OFFICE EXPENSES Amount:3125
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 16
ReturnHeader/BuildTS02021-04-22 16:20:28Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MAUREEN HANLON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07189429694
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-16
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ReturnHeader/Filer/EIN0471448155
ReturnHeader/Filer/InCareOfNm0% MAUREEN HANLON
ReturnHeader/Filer/PhoneNum07189429694
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WithumSmithBrown PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE TOWER CENTER BLVD 14TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0EAST BRUNSWICK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008816
ReturnHeader/PreparerPersonGrp/PhoneNum07328281614
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kenneth R Hicks
ReturnHeader/ReturnTs02020-11-16T11:11:33-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)3 • <$500k nonprofits