Civic Intelligence

Bowery Mission Foundation Inc.

990EZ • Fiscal year 2023 • EIN 47-1741012

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 15, 2024

90 Lafayette Street 6th FloorNew York, NY 10013

(212) 226-6214

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.00x

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

2023 filings • NTEE T • <$500k nonprofits • Source year 2023

Liabilities / Revenue

72nd percentile

0.00x

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

2023 filings • NTEE T • <$500k nonprofits • Source year 2023

Net Margin

98th percentile

100%

Higher net margin than 98% of similar nonprofits.

2023 filings • NTEE T • <$500k nonprofits • Source year 2023

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2023 filings • NTEE T • <$500k nonprofits • Source year 2023

Asset Growth

98th percentile

689%

Faster asset growth than 98% of similar nonprofits.

2023 filings • NTEE T • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

61st percentile

12%

Faster revenue growth than 61% of similar nonprofits.

2023 filings • NTEE T • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$138,498

Up $120,950 (+689%) from 2022

Net Assets

Up

$138,498

Up $120,950 (+689%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Up

$120,950

Up $13,165 (+12%) from 2022

Expenses

Flat

$0

Flat from 2022

Net Income

Up

$120,950

Up $13,165 (+12%) from 2022

Historical Trend

Balance Sheet Trend

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

$500K$0-$500KAssets 2015: $1Liabilities 2015: $117,0312015Assets 2016: $1Liabilities 2016: $382,131Net Assets 2016: -$382,1312016Assets 2017: $0Liabilities 2017: $438,742Net Assets 2017: -$438,7422017Assets 2018: $0Liabilities 2018: $439,449Net Assets 2018: -$439,4492018Assets 2019: $0Liabilities 2019: $404,531Net Assets 2019: -$404,5312019Assets 2020: $16,023Liabilities 2020: $335,485Net Assets 2020: -$319,4622020Assets 2021: $16,421Liabilities 2021: $106,658Net Assets 2021: -$90,2372021Assets 2022: $17,548Liabilities 2022: $0Net Assets 2022: $17,5482022Assets 2023: $138,498Liabilities 2023: $0Net Assets 2023: $138,4982023Assets 2024: $256,615Liabilities 2024: $925Net Assets 2024: $255,6902024

Highlighted filing

2023

Assets$138,498
Liabilities$0
Net Assets$138,498

Operations Trend

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

$400K$200K$0-$200K-$400KRevenue 2015: $0Expenses 2015: $117,031Net Income 2015: -$117,0312015Revenue 2016: $8,550Expenses 2016: $273,650Net Income 2016: -$265,1002016Revenue 2017: $0Expenses 2017: $56,611Net Income 2017: -$56,6112017Revenue 2018: $0Expenses 2018: $707Net Income 2018: -$7072018Revenue 2019: $34,918Expenses 2019: $0Net Income 2019: $34,9182019Revenue 2020: $85,268Expenses 2020: $199Net Income 2020: $85,0692020Revenue 2021: $229,225Expenses 2021: $0Net Income 2021: $229,2252021Revenue 2022: $107,785Expenses 2022: $0Net Income 2022: $107,7852022Revenue 2023: $120,950Expenses 2023: $0Net Income 2023: $120,9502023Revenue 2024: $118,118Expenses 2024: $926Net Income 2024: $117,1922024

Highlighted filing

2023

Revenue$120,950
Expenses$0
Net Income$120,950
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 15, 2024
Return Version
2022v5.0
Gross Receipts
$120,950
Mission and Program Overview

Mission

The Bowery Mission Foundation seeks to stimulate an unprecedented wave of generosity toward compassionate care and life transformation services for men, women, and children in the City of New York.

Program Services

DescriptionGrantsExpenses
The Bowery Mission Foundation supports the work of The Bowery Mission (Legal Name: Christian Herald Association, Inc.), a historic faith-based organization that exists to promote the flourishing of those in New York overcoming homelessness and marginalization by providing compassionate services and transformative community. The foundation serves new and existing supporters of The Bowery Mission and expands The Bowery Mission's existing fundraising capabilities to strengthen long-term sustainability.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles W VethDirector-$0--
Donald J HerremaDirector-$0--
James WinansDirector-$0--
Edward H MorganPresident/CEO-$0--
Robert P DepueTreasurer/Secretary (Part Year)-$0--
Filing and Contact Details

Filer

Filer Name
The Bowery Mission Foundation
EIN
47-1741012
Phone
2122266214
Address
90 Lafayette Street 6th Floor, New York, NY 10013

Signing Officer

Name
Karen Gaines
Title
Chief Financial Officer
Phone
2122266214
Signed
2024-08-15
Discuss with paid preparer
Yes

Preparer

Firm
Capin Crouse LLP
Address
1330 Avenue of the Americas Suite 2, 3A, New York, NY 10019
Preparer
Sara Tibbott
Phone
5055022746
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part II, Line 24B Other Assets

Accounts receivable - BOY:127,EOY:110077;

Form 990-EZ, Part III, Exempt Purpose PRIMARY EXEMPT PURPOSE

The Bowery Mission Foundation seeks to stimulate an unprecedented wave of generosity toward compassionate care and life transformation services for men, women, and children in the City of New York.

Form 990EZ, Part III, Line 28 DESCRIPTION OF OTHER PROGRAM SERVICES

The Bowery Mission Foundation supports the work of The Bowery Mission (Legal Name: Christian Herald Association, Inc.), a historic faith-based organization that exists to promote the flourishing of those in New York overcoming homelessness and marginalization by providing compassionate services and transformative community. The foundation serves new and existing supporters of The Bowery Mission and expands The Bowery Mission's existing fundraising capabilities to strengthen long-term sustainability.

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ReturnHeader/BuildTS02024-08-08 14:25:15Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chief Financial Officer
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ReturnHeader/Filer/EIN0471741012
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Sara Tibbott
ReturnHeader/ReturnTs02024-08-15T13:43:35+00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02022-10-01
ReturnHeader/TaxPeriodEndDt02023-09-30
ReturnHeader/TaxYr02022

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Filings