Civic Intelligence

Limitless Tomorrow Foundation Inc.

990EZ • Fiscal year 2016 • EIN 47-5337820

Oct 01, 2015 to Sep 30, 2016 • Filed on Feb 13, 2017

Organization ProfileN/A
27 Glendale AvenueStaten Island, NY 10304

(718) 510-4607

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

60th percentile

0.00x

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

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

Net Margin

97th percentile

86%

Higher net margin than 97% of similar nonprofits.

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

Top Officer Pay

89th percentile

$6,000

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2016 filings • NTEE W • <$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

Balance Sheet
Liabilities / Assets60th percentile

Assets

$81,195

No earlier filing loaded for comparison.

Net Assets

$81,195

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue60th percentileNet Margin97th percentile

Revenue

$94,154

No earlier filing loaded for comparison.

Expenses

$12,959

No earlier filing loaded for comparison.

Net Income

$81,195

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$100K$50K$0Assets 2016: $81,195Liabilities 2016: $0Net Assets 2016: $81,1952016Assets 2017: $35,870Liabilities 2017: $0Net Assets 2017: $35,8702017Assets 2018: $31,068Liabilities 2018: $0Net Assets 2018: $31,0682018Assets 2023: $61,246Liabilities 2023: $0Net Assets 2023: $61,2462023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024Assets 2025: $13,785Liabilities 2025: $0Net Assets 2025: $13,7852025

Highlighted filing

2016

Assets$81,195
Liabilities$0
Net Assets$81,195
Open 2016 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50KRevenue 2016: $94,154Expenses 2016: $12,959Net Income 2016: $81,1952016Revenue 2017: $500Expenses 2017: $45,825Net Income 2017: -$45,3252017Revenue 2018: $625Expenses 2018: $5,427Net Income 2018: -$4,8022018Revenue 2023: $85,501Expenses 2023: $44,853Net Income 2023: $40,6482023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $29,643Expenses 2025: $67,644Net Income 2025: -$38,0012025

Highlighted filing

2016

Revenue$94,154
Expenses$12,959
Net Income$81,195
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2015 to Sep 30, 2016
Signed
Feb 13, 2017
Return Version
2015v3.0
Gross Receipts
$94,154
Mission and Program Overview

Mission

Provide scholarships/grants/charitable agencies aimed at students and/or young adults. The foundation will also be involved in philanthropic events with healthcare.

CHARITABLE CORPORATION

Program Services

DescriptionGrantsExpenses
CHARITABLE CORPORATION--
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MIKHAIL VARSHAVSKIPresident-$6,000-$6,000
Filing and Contact Details

Filer

Filer Name
Limitless Tomorrow Foundation
EIN
47-5337820
Address
27 GLENDALE AVENUE, Staten Island, NY 10304

Signing Officer

Name
Mikhail Varshavski
Title
President
Phone
7185104607
Signed
2017-02-13
Discuss with paid preparer
Yes

Preparer

Firm
Bt Accounting & Tax Services Inc
Address
1797 STILLWELL AVENUE, Brooklyn, NY 11223
Preparer
Valentina Tikhonova
Phone
7183310500
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountCharity 3,500Bank fee 23Website expenses 3,418”

Raw XML Appendix110 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MIKHAIL VARSHAVSKI
IRS990EZ/BooksInCareOfDetail/PhoneNum07185104607
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt027 GLENDALE AVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Staten Island
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010304
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt00
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt081195
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt094154
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt081195
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt081195
IRS990EZ/GrossReceiptsAmt094154
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesEOYAmt081195
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt081195
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt06000
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MIKHAIL VARSHAVSKI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt06941
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0CHARITABLE CORPORATION
IRS990EZ/PrintingPublicationsPostageAmt018
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CHARITABLE CORPORATION
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt06000
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt012959
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt094154
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt094154
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt094154
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt094154
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt094154
IRS990ScheduleA/Total509Grp/TotalAmt094154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt094154
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt094154
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountCharity 3,500Bank fee 23Website expenses 3,418
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MIKHAIL VARSHAVSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07185104607
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-02-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LIMITLESS TOMORROW FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0LIMI
ReturnHeader/Filer/EIN0475337820
ReturnHeader/Filer/USAddress/AddressLine1Txt027 GLENDALE AVENUE
ReturnHeader/Filer/USAddress/CityNm0Staten Island
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010304
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0770710299
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BT ACCOUNTING & TAX SERVICES INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01797 STILLWELL AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011223
ReturnHeader/PreparerPersonGrp/PhoneNum07183310500
ReturnHeader/PreparerPersonGrp/PreparationDt02017-02-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VALENTINA TIKHONOVA
ReturnHeader/ReturnTs02017-02-13T17:49:12-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-10-13
ReturnHeader/TaxPeriodEndDt02016-09-30
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$81,195
Liabilities
$0
Net assets
$81,195
Revenue
$94,154
Expenses
$12,959
Net income
$81,195
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$13.8$0.00$13.8$29.6$67.6$38.0
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$61.2$0.00$61.2$85.5$44.9$40.6
2018Detailed filing. Detailed filing data is available for this year.$31.1$0.00$31.1$0.63$5.43$4.80
2017Detailed filing. Detailed filing data is available for this year.$35.9$0.00$35.9$0.50$45.8$45.3
2016Detailed filing. Detailed filing data is available for this year.$81.2$0.00$81.2$94.2$13.0$81.2