Civic Intelligence

Bent on Learning Inc.

990 • Fiscal year 2015 • EIN 54-2154416

Aug 01, 2014 to Jul 31, 2015 • Filed on Jun 07, 2016

26 Broadway 8th FloorNew York, NY 10004

(917) 523-5357

Siviq Scores

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

Liabilities / Assets

48th percentile

0.04x

Higher debt load relative to assets than 48% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

42nd percentile

0.02x

Higher debt load relative to revenue than 42% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

78th percentile

$71,500

Higher top officer pay than 78% of similar nonprofits.

Top officer pay equals 18.7% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

94th percentile

97%

Faster asset growth than 94% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

25th percentile

-9.8%

Faster revenue growth than 25% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$213,744

Up $105,087 (+97%) from 2014

Net Assets

Up

$205,733

Up $104,870 (+104%) from 2014

Liabilities

Up

$8,011

Up $217 (+2.8%) from 2014

Revenue

Down

$381,837

Down $41,430 (-9.8%) from 2014

Expenses

Down

$276,967

Down $86,779 (-24%) from 2014

Net Income

Up

$104,870

Up $45,349 (+76%) from 2014

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $470,335Liabilities 2011: $11,188Net Assets 2011: $459,1472011Assets 2012: $208,554Liabilities 2012: $17,833Net Assets 2012: $190,7212012Assets 2013: $49,354Liabilities 2013: $8,012Net Assets 2013: $41,3422013Assets 2014: $108,657Liabilities 2014: $7,794Net Assets 2014: $100,8632014Assets 2015: $213,744Liabilities 2015: $8,011Net Assets 2015: $205,7332015Assets 2016: $101,281Liabilities 2016: $4,400Net Assets 2016: $96,8812016Assets 2017: $47,368Liabilities 2017: $4,500Net Assets 2017: $42,8682017Assets 2018: $70,793Liabilities 2018: $4,750Net Assets 2018: $66,0432018Assets 2019: $39,030Liabilities 2019: $11,155Net Assets 2019: $27,8752019Assets 2020: $170,901Liabilities 2020: $138,515Net Assets 2020: $32,3862020Assets 2021: $135,206Liabilities 2021: $80,278Net Assets 2021: $54,9282021Assets 2022: $142,557Liabilities 2022: $13,989Net Assets 2022: $128,5682022Assets 2023: $59,516Liabilities 2023: $19,700Net Assets 2023: $39,8162023

Highlighted filing

2015

Assets$213,744
Liabilities$8,011
Net Assets$205,733

Operations Trend

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

$600K$400K$200K$0-$200KExpenses 2011: $434,9302011Expenses 2012: $500,6972012Expenses 2013: $447,4182013Revenue 2014: $423,267Expenses 2014: $363,746Net Income 2014: $59,5212014Revenue 2015: $381,837Expenses 2015: $276,967Net Income 2015: $104,8702015Revenue 2016: $210,334Expenses 2016: $319,186Net Income 2016: -$108,8522016Revenue 2017: $337,622Expenses 2017: $391,635Net Income 2017: -$54,0132017Revenue 2018: $345,448Expenses 2018: $322,273Net Income 2018: $23,1752018Revenue 2019: $314,013Expenses 2019: $313,694Net Income 2019: $3192019Revenue 2020: $377,011Expenses 2020: $372,500Net Income 2020: $4,5112020Revenue 2021: $409,668Expenses 2021: $387,126Net Income 2021: $22,5422021Revenue 2022: $379,574Expenses 2022: $307,097Net Income 2022: $72,4772022Revenue 2023: $242,934Expenses 2023: $331,686Net Income 2023: -$88,7522023

Highlighted filing

2015

Revenue$381,837
Expenses$276,967
Net Income$104,870
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Jun 7, 2016
Return Version
2014v6.0
Gross Receipts
$501,756
Mission and Program Overview

Mission

To enhance the physical fitness and cognitive skills of New York City public school students by providing regular instruction in yoga and meditation.

To enhance the physical fitness and cognitive skills of New York City Public School students by providing regular instruction in yoga and meditation

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$103,039$206,809▲ $103,770
Prepaid Expenses and Deferred Charges$2,675$3,616▲ $941
Land, Buildings, and Equipment, Net$843$1,219▲ $376
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$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-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$108,657$213,744▲ $105,087
Other Assets Total$2,100$2,100→ $0
Liabilities
Accounts Payable and Accrued Expenses$7,794$8,011▲ $217
Total Liabilities$7,794$8,011▲ $217
Net Assets / Fund Balance
Unrestricted Net Assets$100,863$165,506▲ $64,643
Temporarily Rstr Net Assets-$40,227-
Total Net Assets Fund Balance$100,863$205,733▲ $104,870
Total Liabilities and Net Assets / Fund Balance$108,657$213,744▲ $105,087

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,219$4,460-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anne DesmondExecutive DirecFT$65,000$6,500$71,500

Board Members and Trustees

NameTitle
Bailey GimbelBoard Chair
Adrienne BurkeVice Chair
BOB O'LEARYDirector
Jessie FreschiDirector
Rachel JacobsDirector
Satya ScainettiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$429,389
Program Service Revenue
$72,367
Investment Income
$0
Other Revenue
$-119,919
All Other Contributions
$429,389
Change in Net Assets
$104,870
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$162,171
Other Expenses$114,796
Total Fundraising Expense$34,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$32,906$19,744$13,162$65,812
Fees for Services Other$58,185$4,584$1,375$64,144
Other Salaries and Wages$52,858-$8,462$61,320
Other Employee Benefits$14,863$3,422$3,747$22,032
Payroll Taxes$8,775$2,020$2,212$13,007
All Other Expenses$6,982$495$542$8,019
Other Expenses$3,719$4,548$267$4,548
Insurance$2,184$503$551$3,238
Advertising$1,845--$1,845
Office Expenses$800$231$236$1,267
Depreciation Depletion-$923-$923
Total Functional Expenses$200,719$41,256$34,992$276,967
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$119,919
Professional Fundraising Fees$0
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
No
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
Yes
Other officer compensation reviewed
Yes
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

Copy of the Form 990 is distributed to Board of Directors for questions prior to filing

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

Procedures are as per ny law.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Approval by board discussion

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Approval by board discussion

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

All documents are filed and stored electronically and made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Bent on Learning Inc
EIN
54-2154416
Phone
9175235357
Address
26 BROADWAY 8TH FLOOR, NEW YORK, NY 10004

Signing Officer

Name
Anne Desmond
Title
Executive Director
Signed
2016-06-07
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Ny
Voting Board Members
6
Independent Board Members
6
Employees
3
Volunteers
20

Preparer

Firm
Gary S Eisenkraft CPA
Address
271 Madison Avenue Suite 1105, New York, NY 10016
Preparer
Gary S Eisenkraft CPA
Phone
2126892655
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IRS990/PayrollTaxesGrp/FundraisingAmt02212
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02020
IRS990/PayrollTaxesGrp/ProgramServicesAmt08775
IRS990/PayrollTaxesGrp/TotalAmt013007
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02675
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt03616
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0ANNE DESMOND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0YOGA CLASSES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt072367
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt072367
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0357098
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0152101
IRS990/PYOtherRevenueAmt0-37616
IRS990/PYProgramServiceRevenueAmt0103785
IRS990/PYRevenuesLessExpensesAmt059521
IRS990/PYSalariesCompEmpBnftPaidAmt0211645
IRS990/PYTotalExpensesAmt0363746
IRS990/PYTotalRevenueAmt0423267
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0104870
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt072367
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt08220
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt025000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt016300
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt043175
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt092695
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0429389
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0415598
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0358367
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0214720
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0580443
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01998517
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt072367
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0103785
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt038050
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt038024
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt032324
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0284550
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.86400
IRS990ScheduleA/PublicSupportPY509Pct00.78060
IRS990ScheduleA/PublicSupportTotal509Amt01972672
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt062166
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt063418
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt061300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt074675
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt048836
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0310395
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt053946
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt038418
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt045000
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt031500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt048836
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0217700
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0501756
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0519383
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0396417
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0252744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0612767
IRS990ScheduleA/Total509Grp/TotalAmt02283067
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0501756
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0519383
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0396417
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0252744
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0612767
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02283067
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/EquipmentGrp/BookValueAmt01219
IRS990ScheduleD/EquipmentGrp/DepreciationAmt04460
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt05679
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01219
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Copy of the Form 990 is distributed to Board of Directors for questions prior to filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PROCEDURES ARE AS PER NY LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2APPROVAL BY BOARD DISCUSSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3APPROVAL BY BOARD DISCUSSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4All documents are filed and stored electronically and made available to the public upon request.
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 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt040227
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0108657
IRS990/TotalAssetsEOYAmt0213744

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$0.60$0.20$0.40$2.43$3.32$0.89
2022Summary only. Only limited summary data is available for this year.$1.43$0.14$1.29$3.80$3.07$0.72
2021Summary only. Only limited summary data is available for this year.$1.35$0.80$0.55$4.10$3.87$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.71$1.39$0.32$3.77$3.73$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.11$0.28$3.14$3.14$0.00
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.71$0.05$0.66$3.45$3.22$0.23
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.05$0.43$3.38$3.92$0.54
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.04$0.97$2.10$3.19$1.09
2015Detailed filing. Detailed filing data is available for this year.$2.14$0.08$2.06$3.82$2.77$1.05
2014Detailed filing. Detailed filing data is available for this year.$1.09$0.08$1.01$4.23$3.64$0.60
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.49$0.08$0.41$4.47
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.18$1.91$5.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.70$0.11$4.59$4.35