Civic Intelligence

Dominican Day Parade Inc

990 • Fiscal year 2015 • EIN 47-3537708

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 15, 2016

5030 BroadwayNew York, NY 10034

(212) 901-2500

Siviq Scores

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

Liabilities / Assets

83rd percentile

0.22x

Higher debt load relative to assets than 83% of similar nonprofits.

2015 filings • NTEE A23 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

73rd percentile

0.04x

Higher debt load relative to revenue than 73% of similar nonprofits.

2015 filings • NTEE A23 • <$500k nonprofits • Source year 2015

Net Margin

61st percentile

14%

Higher net margin than 61% of similar nonprofits.

2015 filings • NTEE A23 • <$500k nonprofits • Source year 2015

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

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

2015 filings • NTEE A23 • <$500k nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

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

Source year 2015

Revenue Growth

Score unavailable

No value available

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

Source year 2015

Assets

$56,251

No earlier filing loaded for comparison.

Net Assets

$43,751

No earlier filing loaded for comparison.

Liabilities

$12,500

No earlier filing loaded for comparison.

Revenue

$314,067

No earlier filing loaded for comparison.

Expenses

$270,316

No earlier filing loaded for comparison.

Net Income

$43,751

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.

$400K$300K$200K$100K$0Assets 2015: $56,251Liabilities 2015: $12,500Net Assets 2015: $43,7512015Assets 2016: $163,777Liabilities 2016: $7,000Net Assets 2016: $156,7772016Assets 2017: $288,357Liabilities 2017: $3,814Net Assets 2017: $284,5432017Assets 2018: $358,613Liabilities 2018: $7,000Net Assets 2018: $351,6132018Assets 2019: $339,783Liabilities 2019: $0Net Assets 2019: $339,7832019Assets 2020: $331,040Liabilities 2020: $0Net Assets 2020: $331,0402020Assets 2021: $242,032Liabilities 2021: $0Net Assets 2021: $242,0322021Assets 2022: $173,460Liabilities 2022: $0Net Assets 2022: $173,4602022Assets 2023: $167,890Liabilities 2023: $0Net Assets 2023: $167,8902023Assets 2024: $157,016Liabilities 2024: $0Net Assets 2024: $157,0162024

Highlighted filing

2015

Assets$56,251
Liabilities$12,500
Net Assets$43,751

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2015: $314,067Expenses 2015: $270,316Net Income 2015: $43,7512015Revenue 2016: $371,888Expenses 2016: $258,862Net Income 2016: $113,0262016Revenue 2017: $371,306Expenses 2017: $243,540Net Income 2017: $127,7662017Revenue 2018: $373,196Expenses 2018: $306,126Net Income 2018: $67,0702018Revenue 2019: $334,280Expenses 2019: $346,112Net Income 2019: -$11,8322019Revenue 2020: $121,478Expenses 2020: $129,617Net Income 2020: -$8,1392020Revenue 2021: $193,297Expenses 2021: $282,307Net Income 2021: -$89,0102021Revenue 2022: $453,375Expenses 2022: $524,448Net Income 2022: -$71,0732022Revenue 2023: $665,935Expenses 2023: $664,400Net Income 2023: $1,5352023Revenue 2024: $704,253Expenses 2024: $715,127Net Income 2024: -$10,8742024

Highlighted filing

2015

Revenue$314,067
Expenses$270,316
Net Income$43,751
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 15, 2016
Return Version
2015v2.0
Gross Receipts
$436,291
Mission and Program Overview

Mission

See organization mission schedule o

See organization's mission on schedule o.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$27,802-
Accounts Receivable-$9,400-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$0$56,251▲ $56,251
Other Assets Total-$19,049-
Liabilities
Accounts Payable and Accrued Expenses-$12,500-
Total Liabilities$0$12,500▲ $12,500
Net Assets / Fund Balance
Unrestricted Net Assets-$43,751-
Total Net Assets Fund Balance$0$43,751▲ $43,751
Total Liabilities and Net Assets / Fund Balance$0$56,251▲ $56,251

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$19,049--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$230,687
Program Service Revenue
$131,537
Investment Income
$0
Other Revenue
$-48,157
All Other Contributions
$48,537
Change in Net Assets
$43,751

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Other Non Cash Contri Table1$15,000Face value
Other Non Cash Contri Table1$10,000Face value
Other Non Cash Contri Table4$2,105Donor Valued
Total Noncash Contributions6$27,105-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$270,316
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$100,400$2,275-$102,675
Insurance$69,207--$69,207
Office Expenses$17,101$7,268-$24,369
Information Technology-$11,725-$11,725
Travel$7,213$125-$7,338
Fees for Services Accounting-$7,000-$7,000
Other Expenses$2,500--$2,500
Advertising-$1,502-$1,502
Total Functional Expenses$240,421$29,895$0$270,316
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$122,224
Fundraising Gross Income$74,067
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$228,967$69,317$17,685$51,632
Corp. Kick Off$27,250$4,750$89$4,661
Total Events$256,217$74,067$122,224$-48,157
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Once the first draft OF the 990 is complete, it will be presented to the board for review and BCA Watson Rice will be made available to answer questions.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

Officers, directors, trustees, key employees are required to disclose annually interests that could give rise to conflicts. Conflict of Interest form is signed by each OF THEM annually.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

These documents are made available upon request at our office.

Filing and Contact Details

Filer

Filer Name
Dominican Day Parade Inc
EIN
47-3537708
Address
5030 Broadway, New York, NY 10034

Signing Officer

Name
Angela Fernandez Esq
Title
Chairperson
Signed
2016-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Angela Fernandez
Formed
2015
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
61

Preparer

Firm
Bca Watson Rice Llp
Address
5 PENN PLAZA 15TH FL, NEW YORK, NY 10001-1810
Preparer
Cazembe Bektemba CPA
Phone
2124477300
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

The Corporation has evaluated the recognition requirements for uncertain income tax positions as required by accounting principles generally accepted in the United States, with no cumulative effect adjustment required. Income tax benefits are recgonized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. Accordingly, the Corporation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at December 31, 2015

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IRS990/Form990PartVIISectionAGrp/PersonNm2Maria Lizardo
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IRS990/Form990PartVIISectionAGrp/PersonNm8Henry Garrido
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IRS990/MissionDesc0The Dominican Day Parade, Inc. (DDP) is a non-profit organization 501(c)3, non-partisan organization that organizes the annual parade in NYC and festivities. The organization strives to provide an understanding of the heritage and contributions of the Dominican community in America and throughout the world. The mission of the Dominican Day Parade, Inc. is to celebrate the richness of the Dominican culture, folklore and popular traditions.
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IRS990/OtherExpensesGrp/ProgramServicesAmt12500
IRS990/OtherExpensesGrp/TotalAmt044000
IRS990/OtherExpensesGrp/TotalAmt12500
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfficerNm0Angela Fernandez
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0713990
IRS990/ProgramServiceRevenueGrp/Desc0PARADE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0131537
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0131537
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt043751
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0135637
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0246837
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0246837
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0135637
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0135637
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0382474
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0382474
IRS990ScheduleA/Total509Grp/TotalAmt0382474
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0382474
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0382474
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt019049
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Unused donated travel vouchers
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Corporation has evaluated the recognition requirements for uncertain income tax positions as required by accounting principles generally accepted in the United States, with no cumulative effect adjustment required. Income tax benefits are recgonized for income tax positions taken or expected to be taken in a tax return, only when it is determined that the income tax position will more-likely-than-not be sustained upon examination by taxing authorities. Accordingly, the Corporation has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions at December 31, 2015
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueOtherAssetsAmt019049
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt0182150
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt0159650
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt022500
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0122224
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt07800
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt07800
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0Corp. Kick Off
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0228967
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt027250
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0256217
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt069317
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt04750
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt074067
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-48157
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt017774
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt017685
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt089
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt092958
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt03692
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt096650
IRS990ScheduleG/LicensedStatesCd0NY
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleM/AnyPropertyThatMustBeHeldInd0false
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt01
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt11
IRS990ScheduleM/OtherNonCashContriTableGrp/ContributionCnt24
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc0Airline vouchers
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc1Airline Vouchers
IRS990ScheduleM/OtherNonCashContriTableGrp/Desc2Memorabilia
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt0Face value
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt1Face value
IRS990ScheduleM/OtherNonCashContriTableGrp/MethodOfDeterminingRevenuesTxt2DONOR VALUED
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IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd1X
IRS990ScheduleM/OtherNonCashContriTableGrp/NonCashCheckboxInd2X
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt015000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt110000
IRS990ScheduleM/OtherNonCashContriTableGrp/NoncashContributionsRptF990Amt22105
IRS990ScheduleM/ReviewProcessUnusualNCGiftsInd0false
IRS990ScheduleM/ThirdPartiesUsedInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Once the first draft OF the 990 is complete, it will be presented to the board for review and BCA Watson Rice will be made available to answer questions.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers, directors, trustees, key employees are required to disclose annually interests that could give rise to conflicts. Conflict of Interest form is signed by each OF THEM annually.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2These documents are made available upon request at our office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false

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