Civic Intelligence

Situation Project Inc.

990EZ • Fiscal year 2019 • EIN 47-1763811

Jan 01, 2019 to Dec 31, 2019 • Filed on Jul 06, 2020

469 7th AveNew York, NY 10018

(877) 829-5500

Siviq Scores

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

Liabilities / Assets

78th percentile

0.18x

Higher debt load relative to assets than 78% of similar nonprofits.

2019 filings • NTEE A20 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

89th percentile

0.27x

Higher debt load relative to revenue than 89% of similar nonprofits.

2019 filings • NTEE A20 • <$500k nonprofits • Source year 2019

Net Margin

86th percentile

34%

Higher net margin than 86% of similar nonprofits.

2019 filings • NTEE A20 • <$500k nonprofits • Source year 2019

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2019 filings • NTEE A20 • <$500k nonprofits • Source year 2019

Asset Growth

64th percentile

22%

Faster asset growth than 64% of similar nonprofits.

2019 filings • NTEE A20 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

28th percentile

-20%

Faster revenue growth than 28% of similar nonprofits.

2019 filings • NTEE A20 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Up

$138,776

Up $25,173 (+22%) from 2018

Net Assets

Up

$114,387

Up $30,843 (+37%) from 2018

Liabilities

Down

$24,389

Down $5,670 (-19%) from 2018

Revenue

Down

$90,332

Down $22,238 (-20%) from 2018

Expenses

Down

$59,489

Down $17,389 (-23%) from 2018

Net Income

Down

$30,843

Down $4,849 (-14%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2017: $51,126Liabilities 2017: $3,274Net Assets 2017: $47,8522017Assets 2018: $113,603Liabilities 2018: $30,059Net Assets 2018: $83,5442018Assets 2019: $138,776Liabilities 2019: $24,389Net Assets 2019: $114,3872019Assets 2020: $117,831Liabilities 2020: $37,440Net Assets 2020: $80,3912020Assets 2021: $114,815Liabilities 2021: $38,243Net Assets 2021: $76,5722021Assets 2022: $132,684Liabilities 2022: $82,440Net Assets 2022: $50,2442022Assets 2023: $185,259Liabilities 2023: $90,815Net Assets 2023: $94,4442023Assets 2024: $193,190Liabilities 2024: $133,576Net Assets 2024: $59,6142024

Highlighted filing

2019

Assets$138,776
Liabilities$24,389
Net Assets$114,387

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2017: $101,017Expenses 2017: $77,594Net Income 2017: $23,4232017Revenue 2018: $112,570Expenses 2018: $76,878Net Income 2018: $35,6922018Revenue 2019: $90,332Expenses 2019: $59,489Net Income 2019: $30,8432019Revenue 2020: $14,286Expenses 2020: $48,282Net Income 2020: -$33,9962020Revenue 2021: $64,346Expenses 2021: $68,165Net Income 2021: -$3,8192021Revenue 2022: $47,394Expenses 2022: $73,722Net Income 2022: -$26,3282022Revenue 2023: $495,272Expenses 2023: $451,072Net Income 2023: $44,2002023Revenue 2024: $158,086Expenses 2024: $192,916Net Income 2024: -$34,8302024

Highlighted filing

2019

Revenue$90,332
Expenses$59,489
Net Income$30,843
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 6, 2020
Return Version
2019v5.1
Gross Receipts
$90,332
Mission and Program Overview

Mission

The objects and purposes of the corportation shall be to work with schools, community based organizations, local governments, municipalities, and the community at large to provide access and exposure to, as well as promote awareness and appreciation of, theater, music, dance, film, art, sports and/or other cultural events to students and individuals (including those of limited financial means). Additionally, it shall be to enhance and promote the development of talent in theater, music, dance, film, art, sports, and/or other cultural areas.

Program Services

DescriptionGrantsExpenses
PROMOTE AWARENESS AND APPRECIATION OF ARTS AND THEATRE WITH INDIVIDUALS OF SCHOOLS AND COMMUMITY BASED ORGANIZATIONS (INCLUDING THOSE OF LIMITED FINANCIAL MEANS)$0$59,489
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAMIAN BAZADONAMember-$0--
JORDAN PERSONMember-$0--
MARIA MARTINEZMember-$0--
Filing and Contact Details

Filer

Filer Name
The Situation Project Inc
EIN
47-1763811
Phone
8778295500
Address
469 7TH AVE, NEW YORK, NY 10018

Signing Officer

Name
Damian Bazadona
Title
President
Phone
2129823192
Signed
2020-07-06
Discuss with paid preparer
Yes

Preparer

Firm
BLOOM HOCHBERG & CO PC CPA'S
Address
450 SEVENTH AVENUE, NEW YORK, NY 10123
Preparer
Richard Stern
Phone
2122442112
Supplemental Narrative

Additional Explanations

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

Description: corporate exp. Amount: 24,614. Description: tickets for shows. Amount: 31,600. Description: supplies. Amount: 3,275. Total to form 990-ez, line 16: 59,489.

Form 990-ez, Part II, Line 24 - Other Assets

Description: receivables. Beg. Of year amount: 19,185. End of year amount: 22,919.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: accounts payable. Beg. Of year amount: 30,059. End of year amount: 24,389.

Raw XML Appendix143 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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IRS990EZ/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0MARIA MARTINEZ
IRS990EZ/BooksInCareOfDetail/PhoneNum08778295500
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0469 7TH AVE NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE OBJECTS AND PURPOSES OF THE CORPORTATION SHALL BE TO WORK WITH SCHOOLS, COMMUNITY BASED ORGANIZATIONS, LOCAL GOVERNMENTS, MUNICIPALITIES, AND THE COMMUNITY AT LARGE TO PROVIDE ACCESS AND EXPOSURE TO, AS WELL AS PROMOTE AWARENESS AND APPRECIATION OF, THEATER, MUSIC, DANCE, FILM, ART, SPORTS AND/OR OTHER CULTURAL EVENTS TO STUDENTS AND INDIVIDUALS (INCLUDING THOSE OF LIMITED FINANCIAL MEANS). ADDITIONALLY, IT SHALL BE TO ENHANCE AND PROMOTE THE DEVELOPMENT OF TALENT IN THEATER, MUSIC, DANCE, FILM, ART, SPORTS, AND/OR OTHER CULTURAL AREAS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROMOTE AWARENESS AND APPRECIATION OF ARTS AND THEATRE WITH INDIVIDUALS OF SCHOOLS AND COMMUMITY BASED ORGANIZATIONS (INCLUDING THOSE OF LIMITED FINANCIAL MEANS)
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt078640
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0458731
IRS990ScheduleA/TotalSupportAmt0458731
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: CORPORATE EXP. AMOUNT: 24,614. DESCRIPTION: TICKETS FOR SHOWS. AMOUNT: 31,600. DESCRIPTION: SUPPLIES. AMOUNT: 3,275. TOTAL TO FORM 990-EZ, LINE 16: 59,489.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: RECEIVABLES. BEG. OF YEAR AMOUNT: 19,185. END OF YEAR AMOUNT: 22,919.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 30,059. END OF YEAR AMOUNT: 24,389.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
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/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DAMIAN BAZADONA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02129823192
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-07-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE SITUATION PROJECT INC
ReturnHeader/Filer/BusinessNameControlTxt0SITU
ReturnHeader/Filer/EIN0471763811
ReturnHeader/Filer/PhoneNum08778295500
ReturnHeader/Filer/USAddress/AddressLine1Txt0469 7TH AVE
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/FilingSecurityInformation/IPTm012:24:51
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133016202
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLOOM HOCHBERG & CO PC CPA'S
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0450 SEVENTH AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010123
ReturnHeader/PreparerPersonGrp/PhoneNum02122442112
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD STERN
ReturnHeader/ReturnTs02020-07-08T15:28:40-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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Filings