Civic Intelligence

Advertising Week in New York City Inc

990 • Fiscal year 2016 • EIN 54-2122176

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

131 West 33rd Street Suite 800New York, NY 10001

(212) 967-0091

Siviq Scores

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

Liabilities / Assets

8th percentile

0.00x

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

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2016

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2016

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Source year 2016

Asset Growth

41st percentile

-0.4%

Faster asset growth than 41% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-100%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • NTEE S • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Flat

$1,668,283

Flat from 2016

Net Assets

Flat

$1,668,283

Flat from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue

Flat

$0

Flat from 2016

Expenses

Flat

$7,491

Flat from 2016

Net Income

Flat

-$7,491

Flat from 2016

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,270,489Liabilities 2011: $688,438Net Assets 2011: $582,0512011Assets 2012: $1,548,825Liabilities 2012: $586,245Net Assets 2012: $962,5802012Assets 2013: $2,667,572Liabilities 2013: $8,900Net Assets 2013: $2,658,6722013Assets 2014: $1,447,753Liabilities 2014: $0Net Assets 2014: $1,447,7532014Assets 2015: $1,675,774Liabilities 2015: $0Net Assets 2015: $1,675,7742015Assets 2016: $1,668,283Liabilities 2016: $0Net Assets 2016: $1,668,2832016Assets 2016: $1,668,283Liabilities 2016: $0Net Assets 2016: $1,668,2832016Assets 2017: $1,658,414Liabilities 2017: $0Net Assets 2017: $1,658,4142017Assets 2018: $1,452,863Liabilities 2018: $0Net Assets 2018: $1,452,8632018Assets 2019: $1,243,851Liabilities 2019: $0Net Assets 2019: $1,243,8512019Assets 2020: $1,238,732Liabilities 2020: $0Net Assets 2020: $1,238,7322020Assets 2021: $1,232,282Liabilities 2021: $0Net Assets 2021: $1,232,2822021Assets 2022: $1,226,638Liabilities 2022: $0Net Assets 2022: $1,226,6382022Assets 2023: $1,224,098Liabilities 2023: $0Net Assets 2023: $1,224,0982023

Highlighted filing

2016

Assets$1,668,283
Liabilities$0
Net Assets$1,668,283

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $4,151,848Expenses 2011: $3,734,655Net Income 2011: $417,1932011Revenue 2012: $4,613,172Expenses 2012: $4,232,643Net Income 2012: $380,5292012Revenue 2013: $7,717,065Expenses 2013: $6,020,973Net Income 2013: $1,696,0922013Revenue 2014: $3,396,182Expenses 2014: $4,607,101Net Income 2014: -$1,210,9192014Revenue 2015: $237,557Expenses 2015: $9,536Net Income 2015: $228,0212015Revenue 2016: $0Expenses 2016: $7,491Net Income 2016: -$7,4912016Revenue 2016: $0Expenses 2016: $7,491Net Income 2016: -$7,4912016Revenue 2017: $0Expenses 2017: $9,869Net Income 2017: -$9,8692017Revenue 2018: $0Expenses 2018: $205,551Net Income 2018: -$205,5512018Revenue 2019: $0Expenses 2019: $209,012Net Income 2019: -$209,0122019Revenue 2020: $0Expenses 2020: $5,119Net Income 2020: -$5,1192020Revenue 2021: $0Expenses 2021: $6,450Net Income 2021: -$6,4502021Revenue 2022: $0Expenses 2022: $5,644Net Income 2022: -$5,6442022Revenue 2023: $0Expenses 2023: $2,540Net Income 2023: -$2,5402023

Highlighted filing

2016

Revenue$0
Expenses$7,491
Net Income-$7,491
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 1, 2017
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

Advertising week's mission is to galvanize the industry by creating an entertaining, enlightening and engaging platform for disparate parts of the business. Along the way, advertising week is a tangible force moving key industry goals around talent and diversity forward via generationext, advertising futures and a broad partnership with virtual enterprise.

Advertising week, inc. Is dedicated to furthering industry objectives around attracting young talent and increasing diversity in the advertising industry. The entity plans to work with and support key industry groups dedicated to these goals by providing resources to increase scope, reach and impact.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,672,676$1,665,185▼ $7,491
Total Assets$1,675,774$1,668,283▼ $7,491
Other Assets Total$3,098$3,098→ $0
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$1,675,774$1,668,283▼ $7,491
Total Net Assets Fund Balance$1,675,774$1,668,283▼ $7,491
Total Liabilities and Net Assets / Fund Balance$1,675,774$1,668,283▼ $7,491
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matt FreemanChairman
Alex CameronDirector
Alfredo GangotenaDirector
Amie DeutchDirector
Andrew CaponeDirector
Bob LiodiceDirector
Brian CurranDirector
Colleen DecourcyDirector
Dana AndersonDirector
Danny RobinsonDirector
Debra CoughlinDirector
Don ColemanDirector
Drew SchutteDirector
Erica FarberDirector
Frank CooperDirector
Gina GrilloDirector
Jacki KelleyDirector
Jason HarrisDirector
Jerry ShereshewskyDirector
Jimmy SmithDirector
Jon KamenDirector
Jonathan PerelmanDirector
Lori SenecalDirector
MARK D'ARCYDirector
Mari Kim NovakDirector
Maria Luisa FrancoliDirector
Maria MandelDirector
Maryam BanikarimDirector
Nancy HillDirector
Nick LawDirector
Nigel MorrisDirector
Paul CaineDirector
Paul LavoieDirector
Randall RothenbergDirector
Rosemarie RyanDirector
Russ SapienzaDirector
Stephanie GeorgeDirector
Susan LeeDirector
Tony RuizDirector
Wenda Harris MillardDirector
Bob GreenbergExecutive Committee Member
Linda SawyerExecutive Committee Member
Rick BoykoExecutive Committee Member
Coleen KuehnSecretary
Matt MillerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-7,491
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,491
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
Other Expenses-$4,143-$4,143
Fees for Services Legal-$3,348-$3,348
Total Functional Expenses$0$7,491$0$7,491
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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, Section B, Line 11B

The executive committee has reviewed the form 990 and has authorized its submission to the internal revenue service in its current form. Prior to filing, the form 990 was emailed to the entire board.

Form 990, Part VI, Section B, Line 12C

Board members are required to disclose any conflicts of interest. Any conflicts are reviewed and action, if required is determined.

Form 990, Part VI, Section C, Line 19

The financial statements are available upon request. The governing documents and conflict of interest policy are not available to the public.

Filing and Contact Details

Filer

Filer Name
Advertising Week Inc
EIN
54-2122176
Phone
2129670091
Address
131 WEST 33RD STREET SUITE 800, NEW YORK, NY 10001

Signing Officer

Name
Matt Freeman
Title
Chairman
Phone
2129670091
Signed
2017-11-01

Organization Details

Principal Officer
Matt Freeman
Formed
2003
Legal Domicile
Ny
Voting Board Members
40
Independent Board Members
40
Employees
0
Volunteers
0

Preparer

Firm
Bernstein Rosen & Company Cpas Pc
Address
630 THIRD AVENUE SUITE 1502, NEW YORK, NY 10017
Preparer
Bernstein Rosen Company Cpas Pc
Phone
2126129700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization follows the provisions of accounting standards codification 740, accounting for uncertainty in income taxes, which addresses the accounting for, and disclosure of more-likely than-not for recognition and de-recognition of tax positions taken or expected to be taken in a tax return.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3EXECUTIVE COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt4EXECUTIVE COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt5EXECUTIVE COMMITTEE MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt24DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt25DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt26DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt27DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt28DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt29DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt30DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt31DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt32DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt33DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt34DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt35DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt36DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt37DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt38DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt39DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt40DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt41DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt42DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt43DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt44DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02003
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IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.22$0.00$1.22$0.00$0.00$0.00
2022Summary only. Only limited summary data is available for this year.$1.23$0.00$1.23$0.00$0.01$0.01
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.23$0.00$1.23$0.00$0.01$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.00$0.01$0.01
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.24$0.00$1.24$0.00$0.21$0.21
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.45$0.00$1.45$0.00$0.21$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.66$0.00$1.66$0.00$0.01$0.01
2016Detailed filing. Detailed filing data is available for this year.$1.67$0.00$1.67$0.00$0.01$0.01
2016Summary only. Only limited summary data is available for this year.$1.67$0.00$1.67$0.00$0.01$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.68$0.00$1.68$0.24$0.01$0.23
2014Detailed filing. Detailed filing data is available for this year.$1.45$0.00$1.45$3.40$4.61$1.21
2013Detailed filing. Detailed filing data is available for this year.$2.67$0.01$2.66$7.72$6.02$1.70
2012Summary only. Only limited summary data is available for this year.$1.55$0.59$0.96$4.61$4.23$0.38
2011Summary only. Only limited summary data is available for this year.$1.27$0.69$0.58$4.15$3.73$0.42