Civic Intelligence

323 Sbs Fund Inc.

990EZ • Fiscal year 2016 • EIN 47-2912947

Jan 01, 2016 to Dec 31, 2016 • Filed on Apr 11, 2017

323 South Broad StreetTrenton, NJ 08608

(609) 924-6669

Siviq Scores

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

Liabilities / Assets

29th percentile

0.00x

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

2016 filings • NTEE L • <$500k nonprofits • Source year 2016

Liabilities / Revenue

25th percentile

0.00x

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

2016 filings • NTEE L • <$500k nonprofits • Source year 2016

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2016 filings • NTEE L • <$500k nonprofits • Source year 2016

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2016 filings • NTEE L • <$500k nonprofits • Source year 2016

Asset Growth

76th percentile

8.0%

Faster asset growth than 76% of similar nonprofits.

2016 filings • NTEE L • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

5th percentile

-98%

Faster revenue growth than 5% of similar nonprofits.

2016 filings • NTEE L • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$456,938

Up $33,905 (+8.0%) from 2015

Net Assets

Up

$456,938

Up $33,905 (+8.0%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$6,559

Down $278,791 (-98%) from 2015

Expenses

Down

$0

Down $9,350 (-100%) from 2015

Net Income

Down

$6,559

Down $269,441 (-98%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2015: $423,033Liabilities 2015: $0Net Assets 2015: $423,0332015Assets 2016: $456,938Liabilities 2016: $0Net Assets 2016: $456,9382016Assets 2017: $528,898Liabilities 2017: $0Net Assets 2017: $528,8982017Assets 2018: $525,659Liabilities 2018: $0Net Assets 2018: $525,6592018Assets 2019: $624,850Liabilities 2019: $0Net Assets 2019: $624,8502019Assets 2020: $705,188Liabilities 2020: $0Net Assets 2020: $705,1882020Assets 2021: $832,461Liabilities 2021: $0Net Assets 2021: $832,4612021Assets 2022: $645,428Liabilities 2022: $0Net Assets 2022: $645,4282022Assets 2023: $746,191Liabilities 2023: $0Net Assets 2023: $746,1912023Assets 2024: $867,866Liabilities 2024: $0Net Assets 2024: $867,8662024

Highlighted filing

2016

Assets$456,938
Liabilities$0
Net Assets$456,938

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $285,350Expenses 2015: $9,350Net Income 2015: $276,0002015Revenue 2016: $6,559Expenses 2016: $0Net Income 2016: $6,5592016Revenue 2017: $9,024Expenses 2017: $75Net Income 2017: $8,9492017Revenue 2018: $14,817Expenses 2018: $0Net Income 2018: $14,8172018Revenue 2019: $12,069Expenses 2019: $20,000Net Income 2019: -$7,9312019Revenue 2020: $25,704Expenses 2020: $46,031Net Income 2020: -$20,3272020Revenue 2021: $45,157Expenses 2021: $0Net Income 2021: $45,1572021Revenue 2022: $20,011Expenses 2022: $28,000Net Income 2022: -$7,9892022Revenue 2023: $14,964Expenses 2023: $29,231Net Income 2023: -$14,2672023Revenue 2024: $0Expenses 2024: $25,000Net Income 2024: -$25,0002024

Highlighted filing

2016

Revenue$6,559
Expenses$0
Net Income$6,559
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Apr 11, 2017
Return Version
2016v3.0
Gross Receipts
$6,559
Mission and Program Overview

Mission

The 323 SBS Fund is a charitable fund supporting the general mission of Luther Arms,Inc -a Lutheran Church related housing facility in Trenton,NJ

Program Services

DescriptionGrantsExpenses
The 323 SBS,Inc Fund is a 501c-3 organization which exists to supplement and enhance the general lives of the Luther Arms,Inc Housing Community,a Sect 8/202 HUD sponsored Housing facility in Trenton,NJ. The Fund is new and currently developing strategies for community support. The Luther Arms Building has 150 Apartments available for rent.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lawrence CorrinPresident-$0--
Jonathan MuellerTreasurer-$0--
Bruce BaumgartenSecretary-$0--
Tom NathAss'T Secretary-$0--
Albert CowellTrustee-$0--
Rosie JacksonTrustee-$0--
Dennis McKithenTrustee-$0--
David SmithTrustee-$0--
Richard SwordTrustee-$0--
Filing and Contact Details

Filer

Filer Name
323 Sbs Fund Inc
EIN
47-2912947
Phone
6099246669
Address
323 South Broad Street, Trenton, NJ 08608

Signing Officer

Name
Richard Sword
Title
Trustee
Phone
6099246669
Signed
2017-04-11
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 19

Fund assets at beginning of the year $275,582.08

Form 990-EZ, Part I, Line 20

323 SBS Fund had an increase in assets for calendar year 2016 of $174,497.38 due to receipt of a delayed contribution and to some extent an improvement in the value of investments.

Raw XML Appendix180 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/BooksInCareOfDetail/USAddress/AddressLine1Txt0The 323 SBS FUND INC
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0323 South Broad Street
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Trenton
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5Trustee
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Fund assets at beginning of the year $275,582.08
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1323 SBS Fund had an increase in assets for calendar year 2016 of $174,497.38 due to receipt of a delayed contribution and to some extent an improvement in the value of investments.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Richard Sword
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/PhoneNum06099246669
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-04-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0323 SBS FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0323S
ReturnHeader/Filer/EIN0472912947
ReturnHeader/Filer/PhoneNum06099246669
ReturnHeader/Filer/USAddress/AddressLine1Txt0323 South Broad Street
ReturnHeader/Filer/USAddress/CityNm0Trenton
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008608
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.72.20.88
ReturnHeader/ReturnTs02017-04-18T11:50:28-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings