Civic Intelligence

Fadeyev Ballet Inc.

990EZ • Fiscal year 2020 • EIN 81-0881044

Jul 01, 2019 to Jun 30, 2020 • Filed on Feb 10, 2021

340 Wheately Plaza 2nd FloorGreenvale, NY 11548

(516) 582-5482

Siviq Scores

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

Liabilities / Assets

92nd percentile

1.03x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Liabilities / Revenue

85th percentile

0.37x

Higher debt load relative to revenue than 85% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Net Margin

39th percentile

-1.8%

Higher net margin than 39% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Top Officer Pay

90th percentile

$35,695

Higher top officer pay than 90% of similar nonprofits.

Top officer pay equals 28.1% of source-year revenue.

2020 filings • NTEE A • <$500k nonprofits • Source year 2020

Asset Growth

99th percentile

4397%

Faster asset growth than 99% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

58th percentile

-14%

Faster revenue growth than 58% of similar nonprofits.

2020 filings • NTEE A • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$45,775

Up $44,757 (+4397%) from 2019

Net Assets

Down

-$1,225

Down $2,243 (-220%) from 2019

Liabilities

$47,000

No earlier filing loaded for comparison.

Revenue

Down

$127,210

Down $21,153 (-14%) from 2019

Expenses

Down

$129,453

Down $14,914 (-10%) from 2019

Net Income

Down

-$2,243

Down $6,239 (-156%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0-$20K-$40KAssets 2017: $17,443Liabilities 2017: $02017Assets 2018: $22Liabilities 2018: $3,000Net Assets 2018: -$2,9782018Assets 2019: $1,018Net Assets 2019: $1,0182019Assets 2020: $45,775Liabilities 2020: $47,000Net Assets 2020: -$1,2252020Assets 2021: $5,843Liabilities 2021: $4,000Net Assets 2021: $1,8432021Assets 2022: $2,259Net Assets 2022: $2,2592022Assets 2023: $9,122Liabilities 2023: $26,132Net Assets 2023: -$17,0102023Assets 2024: $9,851Liabilities 2024: $26,132Net Assets 2024: -$16,2812024Assets 2025: $4,142Liabilities 2025: $25,000Net Assets 2025: -$20,8582025

Highlighted filing

2020

Assets$45,775
Liabilities$47,000
Net Assets-$1,225

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2017: $65,882Expenses 2017: $49,805Net Income 2017: $16,0772017Revenue 2018: $105,166Expenses 2018: $116,452Net Income 2018: -$11,2862018Revenue 2019: $148,363Expenses 2019: $144,367Net Income 2019: $3,9962019Revenue 2020: $127,210Expenses 2020: $129,453Net Income 2020: -$2,2432020Revenue 2021: $147,881Expenses 2021: $144,813Net Income 2021: $3,0682021Revenue 2022: $179,645Expenses 2022: $179,229Net Income 2022: $4162022Revenue 2023: $204,470Expenses 2023: $199,819Net Income 2023: $4,6512023Revenue 2024: $202,081Expenses 2024: $205,327Net Income 2024: -$3,2462024Revenue 2025: $265,067Expenses 2025: $268,512Net Income 2025: -$3,4452025

Highlighted filing

2020

Revenue$127,210
Expenses$129,453
Net Income-$2,243
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Feb 10, 2021
Return Version
2019v5.1
Gross Receipts
$127,210
Mission and Program Overview

Mission

Arts education awareness

Program Services

DescriptionGrantsExpenses
Teaches the art of ballet/other dancing skills to youths age 4-18, while also having the focus of connecting the surrounding Long Island community through the art of dance. 490 persons benefited.-$119,371
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Yaroslav FadeyevPresidentPT$35,695-$35,695
Juliana FadeyevTreasurerPT$30,500-$30,500
Madeline LoPrestiSecretary-$0--
Maxine GellerDirector-$0--
Arlene MorizioDirector-$0--
Filing and Contact Details

Filer

Filer Name
Fadeyev Ballet Inc
EIN
81-0881044
Phone
5165825482
Address
340 Wheately Plaza 2nd Floor, Greenvale, NY 11548

Signing Officer

Name
Yaroslav Fadeyev
Title
President
Signed
2021-02-10
Discuss with paid preparer
Yes

Preparer

Firm
Foundation Group Inc
Address
1321 Murfreesboro Pike Ste 610, Nashville, TN 37217
Preparer
William G McRay
Phone
6153619445
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 8, Other Revenue

Refund of previously paid New York State Merchandise Taxes 674

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

Travel 715

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

Equipment rental and maintenance 3,579

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

Supplies 1,438

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

Telephone 374

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

Advertising Promotion 108

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

Bank Fees 1,265

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

Books, Subscriptions, References 251

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

Program Expense Costumes 776

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

Insurance 170

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

Program Expense Photographer 1,663

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

Props, Sets, Lighting 328

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

Program Expense Competition Registration Fees 1,465

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

Miscellaneous 3

Form 990-EZ, Part II, Line 26, Liabilities

SBA Loan Beginning of year 0, End of year 25,000

Form 990-EZ, Part II, Line 26, Liabilities

Paycheck Protection Program Loan Beginning of year 0, End of year 18,000

Form 990-EZ, Part II, Line 26, Liabilities

EIDL Loan Beginning of year 0, End of year 4,000

Raw XML Appendix183 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
CompensationExplanation/CompensationExplanationGrp/PersonNm0Yaroslav Fadeyev
CompensationExplanation/CompensationExplanationGrp/PersonNm1Juliana Fadeyev
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt0Compensation is for work on the organizations programs
CompensationExplanation/CompensationExplanationGrp/ShortExplanationTxt1Compensation is for work on the organizations programs
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Yana Romano
IRS990EZ/BooksInCareOfDetail/PhoneNum09176852189
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0603 GMST Mill Circle
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Roslyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011576
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt01018
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt045775
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt04275
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2243
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09180
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt01018
IRS990EZ/Form990TotalAssetsGrp/EOYAmt045775
IRS990EZ/GrossReceiptsAmt0127210
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt01018
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-1225
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt01018
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-1225
IRS990EZ/OccupancyRentUtltsAndMaintAmt024950
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt035695
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt430500
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Yaroslav Fadeyev
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Madeline LoPresti
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Maxine Geller
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Arlene Morizio
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Juliana Fadeyev
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Treasurer
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt012135
IRS990EZ/OtherRevenueTotalAmt0674
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Arts education awareness
IRS990EZ/PrintingPublicationsPostageAmt01843
IRS990EZ/ProgramServiceRevenueAmt0122261
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Teaches the art of ballet/other dancing skills to youths age 4-18, while also having the focus of connecting the surrounding Long Island community through the art of dance. 490 persons benefited.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0119371
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt081345
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt047000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0129453
IRS990EZ/TotalProgramServiceExpensesAmt0119371
IRS990EZ/TotalRevenueAmt0127210
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0FadeyevBallet.org
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04275
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03326
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt02400
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt010001
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0122261
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0145037
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0105166
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt063482
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt012968
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0448914
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0674
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0674
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0458915
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0126536
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0148363
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0105166
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt065882
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt012968
IRS990ScheduleA/Total509Grp/TotalAmt0458915
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0127210
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0148363
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0105166
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt065882
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt012968
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0459589
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Refund of previously paid New York State Merchandise Taxes 674
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel 715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Equipment rental and maintenance 3,579
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Supplies 1,438
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Telephone 374
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Advertising Promotion 108
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Bank Fees 1,265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Books, Subscriptions, References 251
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Program Expense Costumes 776
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Insurance 170
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Program Expense Photographer 1,663
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11Props, Sets, Lighting 328
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12Program Expense Competition Registration Fees 1,465
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Miscellaneous 3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14SBA Loan Beginning of year 0, End of year 25,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Paycheck Protection Program Loan Beginning of year 0, End of year 18,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16EIDL Loan Beginning of year 0, End of year 4,000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 8, Other Revenue
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Form 990-EZ, Part II, Line 26, Liabilities
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Yaroslav Fadeyev
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-02-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Fadeyev Ballet Inc
ReturnHeader/Filer/BusinessNameControlTxt0FADE
ReturnHeader/Filer/EIN0810881044
ReturnHeader/Filer/PhoneNum05165825482
ReturnHeader/Filer/USAddress/AddressLine1Txt0340 Wheately Plaza 2nd Floor
ReturnHeader/Filer/USAddress/CityNm0Greenvale
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011548
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Foundation Group Inc
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01321 Murfreesboro Pike Ste 610
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Nashville
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037217
ReturnHeader/PreparerPersonGrp/PhoneNum06153619445
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-10
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0William G McRay
ReturnHeader/ReturnTs02021-02-10T08:45:10-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

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Filings