Civic Intelligence

Cbit Education Inc.

990EZ • Fiscal year 2023 • EIN 80-0574679

May 01, 2022 to Apr 30, 2023 • Filed on Mar 10, 2024

Organization ProfileWWW.CBIT-USA.ORG
1225 Franklin Ave Room 500Garden City, NY 11530

(732) 264-5773

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Flat

$7,037

Flat from 2023

Net Assets

$7,037

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses

Revenue

-

No earlier filing loaded for comparison.

Expenses

Flat

$1,750

Flat from 2023

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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: $7,037Net Assets 2023: $7,0372023Assets 2023: $7,037Liabilities 2023: $02023Assets 2024: $7,037Liabilities 2024: $02024Assets 2025: $6,706Net Assets 2025: $6,7062025

Highlighted filing

2023

Assets$7,037
Liabilities-
Net Assets$7,037
Open 2023 Filing

Operations Trend

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: -$4,8602022Expenses 2023: $1,7502023Revenue 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

2023

Revenue-
Expenses$1,750
Net Income-
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Mar 10, 2024
Return Version
2022v5.0
Mission and Program Overview

Mission

The tax education of its members

Program Services

DescriptionGrantsExpenses
PRESENTATION OF VARIOUS TAX, LEGAL AND JUDICIAL UPDATES AT MONTHLY MEETINGS. SPRING TAX DAY A VIRTUAL MEETING DUE TO COVID CONCERNS AND RESTRICTIONS.-$1,750
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL MACEROChairman-$0--
JOHN LEBRONVice-Pres/Se-$0--
ALAN J GABELTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Cbit Education Inc
EIN
80-0574679
Phone
7322645773
Address
1225 FRANKLIN AVE ROOM 500, GARDEN CITY, NY 11530

Signing Officer

Name
Alan J Gabel
Title
Treasurer
Phone
7322645773
Signed
2024-03-10
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses conferences/meetings 1,750 total 1,750”

Form 990-ez, Part V

“The organization did not, during the year, receive any funds, directly, or indirectly, to pay premiums on a personal benefit policy. The organization did not, during the year, pay any funds, directly, or indirectly, on a personal benefit policy,”

Raw XML Appendix114 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0ALAN J GABEL
IRS990EZ/BooksInCareOfDetail/PhoneNum07322645773
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt06 BRISCOE TERRACE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt06 BRISCOE TERRACE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HAZLET
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007730
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08787
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt07037
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1750
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08787
IRS990EZ/Form990TotalAssetsGrp/EOYAmt07037
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08787
IRS990EZ/NetAssetsOrFundBalancesEOYAmt07037
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08787
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt07037
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL MACERO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN LEBRON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ALAN J GABEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE-PRES/SE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01750
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE TAX EDUCATION OF ITS MEMBERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PRESENTATION OF VARIOUS TAX, LEGAL AND JUDICIAL UPDATES AT MONTHLY MEETINGS. SPRING TAX DAY A VIRTUAL MEETING DUE TO COVID CONCERNS AND RESTRICTIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01750
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01750
IRS990EZ/TotalProgramServiceExpensesAmt01750
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.CBIT-USA.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0965
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt015000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt030965
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01715
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt039085
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt044566
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt085366
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0116331
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01715
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0965
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt054085
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt059566
IRS990ScheduleA/Total509Grp/TotalAmt0116331
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01715
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0965
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt054085
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt059566
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0116331
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES CONFERENCES/MEETINGS 1,750 TOTAL 1,750
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT POLICY. THE ORGANIZATION DID NOT, DURING THE YEAR, PAY ANY FUNDS, DIRECTLY, OR INDIRECTLY, ON A PERSONAL BENEFIT POLICY,
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART V
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ALAN J GABEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum07322645773
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CBIT EDUCATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CBIT
ReturnHeader/Filer/EIN0800574679
ReturnHeader/Filer/PhoneNum07322645773
ReturnHeader/Filer/USAddress/AddressLine1Txt01225 FRANKLIN AVE ROOM 500
ReturnHeader/Filer/USAddress/CityNm0GARDEN CITY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011530
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/ReturnTs02024-03-10T14:32:59-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ALAN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GABEL
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,037
Liabilities
-
Net assets
$7,037
Revenue
-
Expenses
$1,750
Net income
-
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
2023Detailed filing. Detailed filing data is available for this year.$7.04$7.04$1.75
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