Civic Intelligence

Cbit Education Inc.

990EZ • Fiscal year 2021 • EIN 80-0574679

May 01, 2020 to Apr 30, 2021 • Filed on Mar 11, 2022

Organization ProfileWWW.CBIT-USA.ORG
1225 FRANKLIN AVE No 500Garden City, NY 11530

(212) 493-7248

Siviq Scores

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

Liabilities / Assets

63rd percentile

0.00x

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

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

Liabilities / Revenue

63rd percentile

0.00x

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

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

Net Margin

7th percentile

-200%

Higher net margin than 7% of similar nonprofits.

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

Top Officer Pay

85th percentile

$0

Higher top officer pay than 85% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

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

Asset Growth

25th percentile

-12%

Faster asset growth than 25% of similar nonprofits.

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

Revenue Growth

3rd percentile

-98%

Faster revenue growth than 3% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets63rd percentile

Assets

Down

$13,647

Down $1,927 (-12%) from 2020

Net Assets

Down

$13,647

Down $1,927 (-12%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin7th percentile

Revenue

Down

$965

Down $53,120 (-98%) from 2020

Expenses

Down

$2,892

Down $40,485 (-93%) from 2020

Net Income

Down

-$1,927

Down $12,635 (-118%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth25th percentile

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

$20K$15K$10K$5.0K$0Assets 2012: $50Liabilities 2012: $02012Assets 2013: $5,908Liabilities 2013: $02013Assets 2014: $6,128Liabilities 2014: $02014Assets 2015: $4,829Liabilities 2015: $02015Assets 2016: $7,598Liabilities 2016: $02016Assets 2017: $17,985Liabilities 2017: $02017Assets 2018: $14,423Liabilities 2018: $02018Assets 2019: $4,866Liabilities 2019: $02019Assets 2020: $15,574Liabilities 2020: $0Net Assets 2020: $15,5742020Assets 2021: $13,647Liabilities 2021: $0Net Assets 2021: $13,6472021Assets 2022: $8,787Net Assets 2022: $8,7872022Assets 2023: $7,037Liabilities 2023: $02023Assets 2024: $7,037Liabilities 2024: $02024Assets 2025: $6,706Net Assets 2025: $6,7062025

Highlighted filing

2021

Assets$13,647
Liabilities$0
Net Assets$13,647
Open 2021 Filing

Operations Trend

Revenue Growth3rd percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2012: $40,058Expenses 2012: $40,008Net Income 2012: $502012Revenue 2013: $61,208Expenses 2013: $55,350Net Income 2013: $5,8582013Revenue 2014: $41,550Expenses 2014: $51,857Net Income 2014: -$10,3072014Revenue 2015: $38,675Expenses 2015: $43,765Net Income 2015: -$5,0902015Revenue 2016: $61,375Expenses 2016: $58,606Net Income 2016: $2,7692016Revenue 2017: $53,375Expenses 2017: $42,488Net Income 2017: $10,8872017Revenue 2018: $42,249Expenses 2018: $45,886Net Income 2018: -$3,6372018Revenue 2019: $59,566Expenses 2019: $69,123Net Income 2019: -$9,5572019Revenue 2020: $54,085Expenses 2020: $43,377Net Income 2020: $10,7082020Revenue 2021: $965Expenses 2021: $2,892Net Income 2021: -$1,9272021Revenue 2022: $1,715Expenses 2022: $6,575Net Income 2022: -$4,8602022Revenue 2023: $0Expenses 2023: $1,750Net Income 2023: -$1,7502023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024Revenue 2025: $31,691Expenses 2025: $32,022Net Income 2025: -$3312025

Highlighted filing

2021

Revenue$965
Expenses$2,892
Net Income-$1,927
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2020 to Apr 30, 2021
Signed
Mar 11, 2022
Return Version
2020v4.2
Gross Receipts
$965
Mission and Program Overview

Mission

The tax education of its members

Program Services

DescriptionGrantsExpenses
50TH ANNUAL CBIT FALL TAX DAYS NOV 5 AND NOV 12 2020VARIOUS PRESENTATIONS INCLUDING LEGAL AND JUDICIAL UPDATES (APPROX 65 ATTENDEES)$0$2,892
34TH ANNUAL SPRING TAX DAYVARIOUS PRESENTATIONS INCLUDING LEGAL AND JUDICIAL UPDATES (APPROX 0 ATTENDEES (COVID)$0$0
Compensation and Service Providers
Top Officer Pay85th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARK TACCETTAChairmanPT$0--
SHAWN HANLONVice-Chairman/ SecretaryPT$0--
JOHN LEBRONTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Cbit Education Inc
EIN
80-0574679
Phone
2124937248
Address
1225 FRANKLIN AVE No 500, GARDEN CITY, NY 11530

Signing Officer

Name
John Lebron
Title
Treasurer
Phone
3322191386
Signed
2022-03-11
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

“Description: 50TH ANNUAL FALL TAX DAY. Amount: 2,892.”

Raw XML Appendix144 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JOHN LEBRON TREASURER
IRS990EZ/BooksInCareOfDetail/PhoneNum02124937248
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0140 BROADWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0100051101
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015574
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013647
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt0965
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-1927
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt015574
IRS990EZ/Form990TotalAssetsGrp/EOYAmt013647
IRS990EZ/GrossReceiptsAmt0965
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015574
IRS990EZ/NetAssetsOrFundBalancesEOYAmt013647
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015574
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt013647
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MARK TACCETTA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHAWN HANLON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN LEBRON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-CHAIRMAN/ SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt02892
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE TAX EDUCATION OF ITS MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt034TH ANNUAL SPRING TAX DAYVARIOUS PRESENTATIONS INCLUDING LEGAL AND JUDICIAL UPDATES (APPROX 0 ATTENDEES (COVID)
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt150TH ANNUAL CBIT FALL TAX DAYS NOV 5 AND NOV 12 2020VARIOUS PRESENTATIONS INCLUDING LEGAL AND JUDICIAL UPDATES (APPROX 65 ATTENDEES)
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt12892
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt02892
IRS990EZ/TotalProgramServiceExpensesAmt02892
IRS990EZ/TotalRevenueAmt0965
IRS990EZ/TransactionWithControlEntInd00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CBIT-USA.ORG
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt015000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt015000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt035965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt039085
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt044566
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt037249
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt053375
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0174275
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0210240
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt054085
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt059566
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt042249
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt053375
IRS990ScheduleA/Total509Grp/TotalAmt0210240
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt054085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt059566
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt042249
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt053375
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0210240
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: 50TH ANNUAL FALL TAX DAY. Amount: 2,892.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN LEBRON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03322191386
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-03-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CBIT EDUCATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CBIT
ReturnHeader/Filer/EIN0800574679
ReturnHeader/Filer/PhoneNum02124937248
ReturnHeader/Filer/USAddress/AddressLine1Txt01225 FRANKLIN AVE No 500
ReturnHeader/Filer/USAddress/CityNm0GARDEN CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011530
ReturnHeader/ReturnTs02022-03-11T13:19:56-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JOHN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LEBRON
ReturnHeader/TaxPeriodBeginDt02020-05-01
ReturnHeader/TaxPeriodEndDt02021-04-30
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$13,647
Liabilities
$0
Net assets
$13,647
Revenue
$965
Expenses
$2,892
Net income
-$1,927
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.71$6.71$31.7$32.0$0.33
2024Summary only. Only limited summary data is available for this year.$7.04$0.00$0.00$0.00$0.00
2023Summary only. Only limited summary data is available for this year.$7.04$0.00$0.00$1.75$1.75
2022Detailed filing. Detailed filing data is available for this year.$8.79$8.79$1.72$6.58$4.86
2021Detailed filing. Detailed filing data is available for this year.$13.6$0.00$13.6$0.97$2.89$1.93
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$15.6$0.00$15.6$54.1$43.4$10.7
2019Summary only. Only limited summary data is available for this year.$4.87$0.00$59.6$69.1$9.56
2018Summary only. Only limited summary data is available for this year.$14.4$0.00$42.2$45.9$3.64
2017Summary only. Only limited summary data is available for this year.$18.0$0.00$53.4$42.5$10.9
2016Summary only. Only limited summary data is available for this year.$7.60$0.00$61.4$58.6$2.77
2015Summary only. Only limited summary data is available for this year.$4.83$0.00$38.7$43.8$5.09
2014Summary only. Only limited summary data is available for this year.$6.13$0.00$41.6$51.9$10.3
2013Summary only. Only limited summary data is available for this year.$5.91$0.00$61.2$55.4$5.86
2012Summary only. Only limited summary data is available for this year.$0.05$0.00$40.1$40.0$0.05