Civic Intelligence

Ink Think Tank Inc.

990EZ • Fiscal year 2017 • EIN 47-4542555

Jan 01, 2017 to Dec 31, 2017 • Filed on Nov 14, 2018

302 Pondside DriveWhite Plains, NY 10607

(914) 949-1104

Siviq Scores

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

Liabilities / Assets

81st percentile

0.08x

Higher debt load relative to assets than 81% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Liabilities / Revenue

76th percentile

0.02x

Higher debt load relative to revenue than 76% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Net Margin

68th percentile

16%

Higher net margin than 68% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Top Officer Pay

87th percentile

$7,500

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2017 filings • NTEE B • <$500k nonprofits • Source year 2017

Asset Growth

94th percentile

121%

Faster asset growth than 94% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

90th percentile

89%

Faster revenue growth than 90% of similar nonprofits.

2017 filings • NTEE B • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Up

$12,264

Up $6,703 (+121%) from 2016

Net Assets

Up

$11,317

Up $6,403 (+130%) from 2016

Liabilities

Up

$947

Up $300 (+46%) from 2016

Revenue

Up

$40,440

Up $18,990 (+89%) from 2016

Expenses

Up

$34,037

Up $16,082 (+90%) from 2016

Net Income

Up

$6,403

Up $2,908 (+83%) from 2016

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2015: $2,031Liabilities 2015: $612Net Assets 2015: $1,4192015Assets 2016: $5,561Liabilities 2016: $647Net Assets 2016: $4,9142016Assets 2017: $12,264Liabilities 2017: $947Net Assets 2017: $11,3172017Assets 2018: $12,104Liabilities 2018: $947Net Assets 2018: $11,1572018Assets 2019: $6,303Liabilities 2019: $947Net Assets 2019: $5,3562019Assets 2020: $9,401Liabilities 2020: $1,104Net Assets 2020: $8,2972020Assets 2021: $9,809Liabilities 2021: $5,289Net Assets 2021: $4,5202021

Highlighted filing

2017

Assets$12,264
Liabilities$947
Net Assets$11,317

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2015: $22,753Expenses 2015: $21,334Net Income 2015: $1,4192015Revenue 2016: $21,450Expenses 2016: $17,955Net Income 2016: $3,4952016Revenue 2017: $40,440Expenses 2017: $34,037Net Income 2017: $6,4032017Revenue 2018: $28,078Expenses 2018: $28,238Net Income 2018: -$1602018Revenue 2019: $14,790Expenses 2019: $20,591Net Income 2019: -$5,8012019Revenue 2020: $9,608Expenses 2020: $6,667Net Income 2020: $2,9412020Revenue 2021: $14,326Expenses 2021: $18,103Net Income 2021: -$3,7772021

Highlighted filing

2017

Revenue$40,440
Expenses$34,037
Net Income$6,403
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Nov 14, 2018
Return Version
2017v2.3
Gross Receipts
$40,440
Mission and Program Overview

Mission

To promote the use of nonfiction in classrooms.

Program Services

DescriptionGrantsExpenses
PROVIDED PROGRAMS THAT HELPED TEACHERS USE REAL BOOKS TO TEACH TO CURRICULUM STANDARDS IN WAYS THAT EXCITED AND INSPIRED STUDENTS.$0$22,236
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEAN REYNOLDSDirector-$7,500-$7,500
ALEXANDRA SIYDirector-$1,863-$1,863
VICKI COBBPresidentPT$0--
SUSAN SCHULMANTreasurer-$0--
DOROTHY HINSHAW PATENTDirector-$0--
JAN ZANETISSecretaryPT$0--
KAREN STERLINGDirector-$0--
JOSALYN MORANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Ink Think Tank Inc
EIN
47-4542555
Phone
9149491104
Address
302 PONDSIDE DRIVE, WHITE PLAINS, NY 10607

Signing Officer

Name
Vicki Cobb
Title
President
Phone
9149491104
Signed
2018-11-14
Discuss with paid preparer
Yes

Preparer

Firm
Skody Scot & Co Cpas Pc
Address
520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
Preparer
William Skody
Phone
2129671100
Supplemental Narrative

Additional Explanations

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

Description: office expenses. Amount: 22. Description: advertising & promotion. Amount: 4,099. Description: licenses & fees. Amount: 675. Description: dues & subscriptions. Amount: 950. Description: misc. Expenses. Amount: 248. Description: computer and internet . Amount: 500. Description: commission expense. Amount: 563. Description: video conference expense. Amount: 7,437. Description: travel. Amount: 449. Total to form 990-ez, line 16: 14,943.

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

Description: accounts receivable. Beg. Of year amount: 2,087. End of year amount: 500.

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

Description: expense reimbursement owed. Beg. Of year amount: 647. End of year amount: 947.

Raw XML Appendix175 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.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSES. AMOUNT: 22. DESCRIPTION: ADVERTISING & PROMOTION. AMOUNT: 4,099. DESCRIPTION: LICENSES & FEES. AMOUNT: 675. DESCRIPTION: DUES & SUBSCRIPTIONS. AMOUNT: 950. DESCRIPTION: MISC. EXPENSES. AMOUNT: 248. DESCRIPTION: COMPUTER AND INTERNET . AMOUNT: 500. DESCRIPTION: COMMISSION EXPENSE. AMOUNT: 563. DESCRIPTION: VIDEO CONFERENCE EXPENSE. AMOUNT: 7,437. DESCRIPTION: TRAVEL. AMOUNT: 449. TOTAL TO FORM 990-EZ, LINE 16: 14,943.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 2,087. END OF YEAR AMOUNT: 500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: EXPENSE REIMBURSEMENT OWED. BEG. OF YEAR AMOUNT: 647. END OF YEAR AMOUNT: 947.
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0VICKI COBB
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09149491104
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INK THINK TANK INC
ReturnHeader/Filer/BusinessNameControlTxt0INKT
ReturnHeader/Filer/EIN0474542555
ReturnHeader/Filer/PhoneNum09149491104
ReturnHeader/Filer/USAddress/AddressLine1Txt0302 PONDSIDE DRIVE
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ReturnHeader/Filer/USAddress/ZIPCd010607
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ReturnHeader/FilingSecurityInformation/IPTm006:40:29
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0133597814
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0520 EIGHTH AVE SUITE 2200
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010018
ReturnHeader/PreparerPersonGrp/PhoneNum02129671100
ReturnHeader/PreparerPersonGrp/PreparationDt02018-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM SKODY
ReturnHeader/ReturnTs02018-11-14T05:40:54-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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Filings