Civic Intelligence

Collaboration Sciences Inc

990EZ • Fiscal year 2016 • EIN 47-3250984

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

3150 Brunswick Pike No 300Lawrenceville, NJ 08648

(609) 429-4177

Siviq Scores

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

Liabilities / Assets

99th percentile

4.27x

Higher debt load relative to assets than 99% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

100th percentile

12.12x

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Net Margin

1st percentile

-480%

Higher net margin than 1% of similar nonprofits.

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

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

2016 filings • 501(c)4 • <$500k nonprofits • Source year 2016

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2016

Assets

$391,523

No earlier filing loaded for comparison.

Net Assets

-$1,279,486

No earlier filing loaded for comparison.

Liabilities

$1,671,009

No earlier filing loaded for comparison.

Revenue

$137,843

No earlier filing loaded for comparison.

Expenses

$799,976

No earlier filing loaded for comparison.

Net Income

-$662,133

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$4.0M$2.0M$0-$2.0MAssets 2016: $391,523Liabilities 2016: $1,671,009Net Assets 2016: -$1,279,4862016Assets 2017: $338,585Liabilities 2017: $2,174,001Net Assets 2017: -$1,835,4162017Assets 2018: $16,880Liabilities 2018: $1,887,527Net Assets 2018: -$1,870,6472018Assets 2019: $0Liabilities 2019: $0Net Assets 2019: $02019

Highlighted filing

2016

Assets$391,523
Liabilities$1,671,009
Net Assets-$1,279,486

Operations Trend

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

$1.0M$500K$0-$500K-$1.0MRevenue 2016: $137,843Expenses 2016: $799,976Net Income 2016: -$662,1332016Revenue 2017: $175,407Expenses 2017: $731,337Net Income 2017: -$555,9302017Revenue 2018: $71,944Expenses 2018: $570,774Net Income 2018: -$498,8302018Revenue 2019: $13,354Expenses 2019: $7,682Net Income 2019: $5,6722019

Highlighted filing

2016

Revenue$137,843
Expenses$799,976
Net Income-$662,133
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$137,843
Mission and Program Overview

Mission

COLLABORATION SCIENCES INC.'s mission is the provide affordable and flexible office space to nonprofit and community based organizations. It's MEMBERS' ARE INTERESTED IN TWO KEY BUSINESS INTERESTS: REDUCING OVERHEAD AND OCCUPANCY COSTS SO THAT A GREATER PERCENTAGE OF THEIR DONOR FUNDS CAN BE APPLIED DIRECTLY TO THEIR MISSION AND FINDING COLLABORATION OPPORTUNITIES WITH OTHER ORGANIZATIONS to SERVE A LARGER POPULATION.

Program Services

DescriptionGrantsExpenses
COLLABORATION SCIENCES IS PROVIDING OFFICE SPACE AND RELATED SERVICES THAT THE MEMBERS ONLY PAY FOR WHEN THEY USE THEM. THERE IS NO LEASE OR LONG-TERM COMMITMENT BY THE MEMBER AND THEY CAN EXPAND AND CONTRACT SPACE IN INCREMENTS FOR AS LITTLE AS 1 HOUR. These organizations are able to utilize common areas for collaborating and networking opportunities.For 2016, over 30 organizations benefited from our facilities and services.$0$303,064
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Thomas RomanoCEO-$0--
Rajeswari SathappanTreasurer-$0--
Chantal CapodicasaVP-$0--
Rosa PalmaTrustee-$0--
Mary McArthurDirectorPT$0--
Herbert Klein IIIFormer President & CEO-$0--
Cheri DurstFormer DirectorPT$0--
Scott NelsonSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Collaboration Sciences Inc
EIN
47-3250984
Phone
6094294177
Address
3150 Brunswick Pike No 300, Lawrenceville, NJ 08648

Signing Officer

Name
Rajeswari Sathappan
Title
Treasurer
Phone
6098961912
Signed
2017-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Sax LLP
Address
855 Valley Road, Clifton, NJ 07013
Preparer
Marqus White
Phone
9734726250
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8 - Other Revenue

Description: Interest Income. Amount: 47. Description: Event Rental. Amount: 27,132. Description: fee refund. Amount: 2,831. Total to Form 990-EZ, line 8: 30,010.

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

Description: Other Program Expenses. Amount: 2,317. Description: marketing consultant. Amount: 16,500. Description: equipmemt rental and maintenance. Amount: 10,484. Description: Catering for event. Amount: 20,913. Description: Telephone, Telecommunications. Amount: 7,680. Description: Insurance . Amount: 11,893. Description: Advertising & Promotions. Amount: 26,306. Description: Cultivation/Meetings Expense. Amount: 4,220. Description: interest expense. Amount: 14,937. Description: travel and training. Amount: 613. Description: supplies. Amount: 4,290. Description: Dues & Subscriptions. Amount: 805. Description: contract services. Amount: 162,638. Description: controller services. Amount: 15,125. Description: IT hosting. Amount: 4,343. Description: depreciation. Amount: 76,602. Total to Form 990-EZ, line 16: 379,666.

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

Description: Escrow Account. Beg. of Year Amount: 4,842. End of Year Amount: 7,941. Description: Accounts Receivable. Beg. of Year Amount: 41. End of Year Amount: 1,126. Description: Prepaid Expenses. Beg. of Year Amount: 872. End of Year Amount: 1,919. Description: Deposit Equipment Lease. Beg. of Year Amount: 12,366. End of Year Amount: 12,366. Description: depreciable assets. Beg. of Year Amount: 371,736. End of Year Amount: 432,802. Description: Less accumulated depreciation. Beg. of Year Amount: -35,071. End of Year Amount: -111,674.

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

Description: Accounts Payable and accruded expenses. Beg. of Year Amount: 4,549. End of Year Amount: 2,278. Description: Due to UWGMC. Beg. of Year Amount: 648,738. End of Year Amount: 1,165,644. Description: deferred income. Beg. of Year Amount: 1,145. End of Year Amount: 1,904. Description: Security Deposit Payable. Beg. of Year Amount: 3,846. End of Year Amount: 7,841. Description: Deferred Rent. Beg. of Year Amount: 314,875. End of Year Amount: 493,342.

Raw XML Appendix155 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/BusinessName/BusinessNameLine1Txt0Sandra Toussaint
IRS990EZ/BooksInCareOfDetail/PhoneNum06094294177
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt03150 Brunswick Pike Ste 230
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Lawrenceville
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0086482420
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Thomas Romano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Rajeswari Sathappan
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Rosa Palma
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Mary McArthur
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Herbert Klein III
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Cheri Durst
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Scott Nelson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5former President & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6Former Director
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IRS990EZ/PrimaryExemptPurposeTxt0COLLABORATION SCIENCES INC.'s mission is the provide affordable and flexible office space to nonprofit and community based organizations. It's MEMBERS' ARE INTERESTED IN TWO KEY BUSINESS INTERESTS: REDUCING OVERHEAD AND OCCUPANCY COSTS SO THAT A GREATER PERCENTAGE OF THEIR DONOR FUNDS CAN BE APPLIED DIRECTLY TO THEIR MISSION AND FINDING COLLABORATION OPPORTUNITIES WITH OTHER ORGANIZATIONS to SERVE A LARGER POPULATION.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COLLABORATION SCIENCES IS PROVIDING OFFICE SPACE AND RELATED SERVICES THAT THE MEMBERS ONLY PAY FOR WHEN THEY USE THEM. THERE IS NO LEASE OR LONG-TERM COMMITMENT BY THE MEMBER AND THEY CAN EXPAND AND CONTRACT SPACE IN INCREMENTS FOR AS LITTLE AS 1 HOUR. These organizations are able to utilize common areas for collaborating and networking opportunities.For 2016, over 30 organizations benefited from our facilities and services.
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IRS990EZ/TotalRevenueAmt0137843
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0coworkconnectionplus.com
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Interest Income. Amount: 47. Description: Event Rental. Amount: 27,132. Description: fee refund. Amount: 2,831. Total to Form 990-EZ, line 8: 30,010.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: Other Program Expenses. Amount: 2,317. Description: marketing consultant. Amount: 16,500. Description: equipmemt rental and maintenance. Amount: 10,484. Description: Catering for event. Amount: 20,913. Description: Telephone, Telecommunications. Amount: 7,680. Description: Insurance . Amount: 11,893. Description: Advertising & Promotions. Amount: 26,306. Description: Cultivation/Meetings Expense. Amount: 4,220. Description: interest expense. Amount: 14,937. Description: travel and training. Amount: 613. Description: supplies. Amount: 4,290. Description: Dues & Subscriptions. Amount: 805. Description: contract services. Amount: 162,638. Description: controller services. Amount: 15,125. Description: IT hosting. Amount: 4,343. Description: depreciation. Amount: 76,602. Total to Form 990-EZ, line 16: 379,666.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Escrow Account. Beg. of Year Amount: 4,842. End of Year Amount: 7,941. Description: Accounts Receivable. Beg. of Year Amount: 41. End of Year Amount: 1,126. Description: Prepaid Expenses. Beg. of Year Amount: 872. End of Year Amount: 1,919. Description: Deposit Equipment Lease. Beg. of Year Amount: 12,366. End of Year Amount: 12,366. Description: depreciable assets. Beg. of Year Amount: 371,736. End of Year Amount: 432,802. Description: Less accumulated depreciation. Beg. of Year Amount: -35,071. End of Year Amount: -111,674.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Description: Accounts Payable and accruded expenses. Beg. of Year Amount: 4,549. End of Year Amount: 2,278. Description: Due to UWGMC. Beg. of Year Amount: 648,738. End of Year Amount: 1,165,644. Description: deferred income. Beg. of Year Amount: 1,145. End of Year Amount: 1,904. Description: Security Deposit Payable. Beg. of Year Amount: 3,846. End of Year Amount: 7,841. Description: Deferred Rent. Beg. of Year Amount: 314,875. End of Year Amount: 493,342.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8 - Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16 - Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 24 - Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 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/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Rajeswari Sathappan
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum06098961912
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-11-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Collaboration Sciences Inc
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DBA CoWork Connection Plus
ReturnHeader/Filer/BusinessNameControlTxt0COLL
ReturnHeader/Filer/EIN0473250984
ReturnHeader/Filer/PhoneNum06094294177
ReturnHeader/Filer/USAddress/AddressLine1Txt03150 Brunswick Pike No 300
ReturnHeader/Filer/USAddress/CityNm0Lawrenceville
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008648
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0BFABFF2069BA193A1EDD2CB047C527B38C19044F
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0173.251.63.34
ReturnHeader/FilingSecurityInformation/IPDt02017-11-13
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm009:27:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0812950760
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Sax LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0855 Valley Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Clifton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007013
ReturnHeader/PreparerPersonGrp/PhoneNum09734726250
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Marqus White
ReturnHeader/ReturnTs02017-11-13T16:11:32-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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