Civic Intelligence

Bent on Learning Inc.

990 • Fiscal year 2021 • EIN 54-2154416

Aug 01, 2020 to Jul 31, 2021 • Filed on Jun 15, 2022

26 Broadway 807New York, NY 10004

(917) 523-5357

Siviq Scores

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

Liabilities / Assets

84th percentile

0.59x

Higher debt load relative to assets than 84% of similar nonprofits.

2021 filings • NTEE O50 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

82nd percentile

0.20x

Higher debt load relative to revenue than 82% of similar nonprofits.

2021 filings • NTEE O50 • <$500k nonprofits • Source year 2021

Net Margin

46th percentile

5.5%

Higher net margin than 46% of similar nonprofits.

2021 filings • NTEE O50 • <$500k nonprofits • Source year 2021

Top Officer Pay

99th percentile

$135,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 33.0% of source-year revenue.

2021 filings • NTEE O50 • <$500k nonprofits • Source year 2021

Asset Growth

22nd percentile

-21%

Faster asset growth than 22% of similar nonprofits.

2021 filings • NTEE O50 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

47th percentile

8.7%

Faster revenue growth than 47% of similar nonprofits.

2021 filings • NTEE O50 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Flat

$135,206

Flat from 2021

Net Assets

Flat

$54,928

Flat from 2021

Liabilities

Flat

$80,278

Flat from 2021

Revenue

Flat

$409,668

Flat from 2021

Expenses

Flat

$387,126

Flat from 2021

Net Income

Flat

$22,542

Flat from 2021

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 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

2021

Assets$135,206
Liabilities$80,278
Net Assets$54,928

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 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

2021

Revenue$409,668
Expenses$387,126
Net Income$22,542
Jump To
Filing Snapshot
Filing Period
Aug 1, 2020 to Jul 31, 2021
Signed
Jun 15, 2022
Return Version
2020v4.0
Gross Receipts
$409,668
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$152,886$123,865▼ $29,021
Accounts Receivable$15,390$8,716▼ $6,674
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$170,901$135,206▼ $35,695
Other Assets Total$2,625$2,625→ $0
Liabilities
Other Liabilities$23,600$62,625▲ $39,025
Accounts Payable and Accrued Expenses$114,915$17,653▼ $97,262
Total Liabilities$138,515$80,278▼ $58,237
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$32,386$54,928▲ $22,542
Total Net Assets Fund Balance$32,386$54,928▲ $22,542
Total Liabilities and Net Assets / Fund Balance$170,901$135,206▼ $35,695
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Anne DesmondExecutive DirecFT$135,000$135,000

Board Members and Trustees

NameTitle
Bailey GimbelBoard Chair
Amanda MintzDirector
Eda OzmenDirector
Hari MoorthiDirector
Jennifer FordDirector
Kathy ChangDirector
Kevin BoothDirector
Panagiota MahendruTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$406,243
Program Service Revenue
$3,425
Investment Income
$0
Other Revenue
$0
All Other Contributions
$406,243
Change in Net Assets
$22,542
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$220,416
Other Expenses$166,710
Total Fundraising Expense$38,496
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$101,250$20,250$13,500$135,000
Fees for Services Other$83,470$16,694$11,129$111,293
Other Salaries and Wages$36,500$7,300$4,867$48,667
Office Expenses$34,360$6,872$4,581$45,813
Other Employee Benefits$17,023$3,405$2,270$22,698
Payroll Taxes$10,538$2,108$1,405$14,051
Occupancy$4,608$922$614$6,144
Insurance-$2,163-$2,163
Travel$491$98$66$655
Advertising$482$96$64$642
Total Functional Expenses$288,722$59,908$38,496$387,126
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
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-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
PPP Loan$62,625
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 35% controlled entity
No
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 807, NEW YORK, NY 10004

Signing Officer

Name
Anne Desmond
Title
Executive Director
Signed
2022-06-15
Discuss with paid preparer
Yes

Organization Details

Formed
2004
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
4
Employees
2
Volunteers
20

Preparer

Firm
Gary S Eisenkraft CPA
Address
271 Madison Avenue Suite 602, New York, NY 10016
Preparer
Gary S Eisenkraft CPA
Phone
2126892655
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IRS990/PayrollTaxesGrp/ProgramServicesAmt010538
IRS990/PayrollTaxesGrp/TotalAmt014051
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0ANNE DESMOND
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0YOGA CLASSES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt03425
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt03425
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0332049
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt082947
IRS990/PYOtherRevenueAmt09231
IRS990/PYProgramServiceRevenueAmt035731
IRS990/PYRevenuesLessExpensesAmt04511
IRS990/PYSalariesCompEmpBnftPaidAmt0225411
IRS990/PYTotalExpensesAmt0372500
IRS990/PYTotalProfFndrsngExpnsAmt064142
IRS990/PYTotalRevenueAmt0377011
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt022542
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt0147083
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0111000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0258083
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0406243
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0343549
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0292858
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0318362
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0271694
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01632706
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt03425
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt035731
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt021504
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt051745
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt095772
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0208177
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85980
IRS990ScheduleA/PublicSupportPY509Pct00.98320
IRS990ScheduleA/PublicSupportTotal509Amt01582800
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0147083
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0111000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0258083
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0409668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0379280
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0314362
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0370107
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0367466
IRS990ScheduleA/Total509Grp/TotalAmt01840883
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0409668
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0379280
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0314362
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0370107
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0367466
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01840883
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/OtherLiabilitiesOrgGrp/Amt062625
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0PPP Loan
IRS990ScheduleD/TotalLiabilityAmt062625
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/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0170901
IRS990/TotalAssetsEOYAmt0135206
IRS990/TotalAssetsGrp/BOYAmt0170901
IRS990/TotalAssetsGrp/EOYAmt0135206
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0406243
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt038496
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt059908
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288722
IRS990/TotalFunctionalExpensesGrp/TotalAmt0387126
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0138515
IRS990/TotalLiabilitiesEOYAmt080278
IRS990/TotalLiabilitiesGrp/BOYAmt0138515
IRS990/TotalLiabilitiesGrp/EOYAmt080278
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt032386
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt054928
IRS990/TotalProgramServiceExpensesAmt0288722
IRS990/TotalProgramServiceRevenueAmt03425
IRS990/TotalReportableCompFromOrgAmt0135000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt03425
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0409668
IRS990/TotalVolunteersCnt020
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0170901

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
2021Detailed filing. Detailed filing data is available for this year.$1.35$0.80$0.55$4.10$3.87$0.23
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