Civic Intelligence

Modern Artlife Foundation

990PF • Fiscal year 2019 • EIN 61-1865805

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 12, 2020

C/O Beacon Cpa 50 Chestnut Ridge RdMontvale, NJ 07645

(201) 307-8500

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.01x

Higher debt load relative to assets than 33% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

19th percentile

0.01x

Higher debt load relative to revenue than 19% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Source year 2019

Net Margin

84th percentile

35%

Higher net margin than 84% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

89th percentile

$162,706

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 5.5% of source-year revenue.

2019 filings • NTEE A • $1M-$5M nonprofits • Source year 2019

Asset Growth

97th percentile

234%

Faster asset growth than 97% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

96th percentile

261%

Faster revenue growth than 96% of similar nonprofits.

2019 filings • NTEE A • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,483,421

Up $1,039,393 (+234%) from 2018

Net Assets

Up

$1,467,109

Up $1,023,081 (+230%) from 2018

Liabilities

Up

$16,312

Up $16,312 from 2018

Revenue

Up

$2,934,574

Up $2,121,060 (+261%) from 2018

Expenses

Up

$1,911,493

Up $1,542,007 (+417%) from 2018

Net Income

Up

$1,023,081

Up $579,053 (+130%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2018: $444,028Liabilities 2018: $0Net Assets 2018: $444,0282018Assets 2019: $1,483,421Liabilities 2019: $16,312Net Assets 2019: $1,467,1092019Assets 2020: $511,680Liabilities 2020: $20,832Net Assets 2020: $490,8482020Assets 2021: $317,500Liabilities 2021: $22,274Net Assets 2021: $295,2262021Assets 2022: $1,030,560Liabilities 2022: $633Net Assets 2022: $1,029,9272022Assets 2023: $875,623Liabilities 2023: $1Net Assets 2023: $875,6232023Assets 2024: $1,232,310Liabilities 2024: $10,373Net Assets 2024: $1,221,9372024

Highlighted filing

2019

Assets$1,483,421
Liabilities$16,312
Net Assets$1,467,109

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2018: $813,514Expenses 2018: $369,486Net Income 2018: $444,0282018Revenue 2019: $2,934,574Expenses 2019: $1,911,493Net Income 2019: $1,023,0812019Revenue 2020: $1,120,671Expenses 2020: $2,096,932Net Income 2020: -$976,2612020Revenue 2021: $1,135,305Expenses 2021: $1,330,927Net Income 2021: -$195,6222021Revenue 2022: $2,892,261Expenses 2022: $2,157,560Net Income 2022: $734,7012022Revenue 2023: $1,526,097Expenses 2023: $1,680,401Net Income 2023: -$154,3042023Revenue 2024: $3,035,173Expenses 2024: $2,731,418Net Income 2024: $303,7552024

Highlighted filing

2019

Revenue$2,934,574
Expenses$1,911,493
Net Income$1,023,081
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 12, 2020
Return Version
2019v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SOFIA KAPKOVADir./PresidentFT$162,706-$162,706
NATALY LAVROVATreasurer/DirecPT$42,977-$42,977
OLGA SOBOLChairman-$0--
Filing and Contact Details

Filer

Filer Name
Modern Artlife Foundation
EIN
61-1865805
Phone
2013078500
Address
C/O BEACON CPA 50 CHESTNUT RIDGE RD, MONTVALE, NJ 07645

Signing Officer

Name
Sofia Kapkova
Title
Director
Signed
2020-11-12
Discuss with paid preparer
Yes

Preparer

Firm
Beacon CPA PC
Address
425 Madison Avenue 9th Floor, New York, NY 10017
Preparer
Mark Ratafia CPA
Phone
2013078500
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OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc1BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc2BUSINESS REGISTRATION FEE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc3CHOREOGRAPHY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc4COMPUTER & INTERNET
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc5COSTUMES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc6EVENT DECORATION
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc7GRAPHIC DESIGN
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc8LIABILITY INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc9LOCAL TRAVEL
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc10MEALS & ENTERTAINMENT
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc11MERCHANT CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc12MISC
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc13OFFICE EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc14PAYROLL PROCESSING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc15PERFORMANCE PRODUCTION
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc16PERFORMER FEES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc17PHOTOGRAPHY & VIDEOGRAPHY
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc18POSTAGE, MAILING
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc19PRODUCTION EXPENSE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc20PROGRAM INSURANCE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc21PUBLIC RELATIONS
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc22RENT, PARKING, UTILITIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc23ROYALTIES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc24TELEPHONE
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc25TRANSLATION SERVICES
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc26VENUE RENTAL
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt086367
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt15231
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt215667
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt374848
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt4899
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt569199
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt6215256
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt715336
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt8350425
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt97178
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt1046785
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt11908
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt12161199
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt096587
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt17484
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt21291
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt35850
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt43458
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt517521
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt683705
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt71005
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt8214
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt91278
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt106128
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt11228
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt12131
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1319045
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt141136
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1577387
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt16240728
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt1717151
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt18278
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt19391892
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt208027
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2152321
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt2233644
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt231016
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt241949
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt257743
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt26180274
OtherIncomeSchedule2/OtherIncomeDetail/AdjustedNetIncomeAmt0170857
OtherIncomeSchedule2/OtherIncomeDetail/Desc0TICKET SALES
OtherIncomeSchedule2/OtherIncomeDetail/RevenueAndExpensesPerBooksAmt0170857
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/Desc0Credit Cards Payable
OtherLiabilitiesSchedule/OtherLiabilitiesDetail/EOYBookValueAmt016312
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/AdjustedNetIncomeAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt06921
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0CONSULTING
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt00
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/AddressLine1Txt0WICKHAMS CAY II PO BOX 2221
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/AddressLine1Txt1STAMFORD BRIDGE 5TH FLOOR
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/AddressLine1Txt29 LESNAYA ST FL 12 OFFICE 26
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/CityNm0TORTOLA
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/CityNm1LONDON
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/CityNm2MOSCOW
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/CountryCd0VI
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/CountryCd1UK
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/CountryCd2RS
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/ForeignPostalCd0VG1110
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/ForeignPostalCd1SW6 1HS
SubstantialContributorsSch/SubstantialContributorDetail/ForeignAddress/ForeignPostalCd2125196
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm0FARLEIGH INTERNATIONAL LIMITED
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm1EUGENE SHVIDLER
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm2RA FOUNDATION
SubstantialContributorsSch/SubstantialContributorDetail/PersonNm3THE BUTTERFLY TRUST UAD 1202004
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/AddressLine1Txt01801 PAGEMILL ROAD SUITE 100
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/CityNm0PALO ALTO
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/StateAbbreviationCd0CA
SubstantialContributorsSch/SubstantialContributorDetail/USAddress/ZIPCd094304
TaxesSchedule/TaxesDetail/Amt010944
TaxesSchedule/TaxesDetail/CategoryTxt0EMPLOYMENT TAXES
ReturnHeader/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SOFIA KAPKOVA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MODERN ARTLIFE FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0MODE
ReturnHeader/Filer/EIN0611865805
ReturnHeader/Filer/PhoneNum02013078500
ReturnHeader/Filer/USAddress/AddressLine1Txt0C/O BEACON CPA 50 CHESTNUT RIDGE RD
ReturnHeader/Filer/USAddress/CityNm0MONTVALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007645
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030528195
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Beacon CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0425 Madison Avenue 9th Floor
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0New York
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02013078500
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark Ratafia CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-11-12T06:12:03-08:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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