Civic Intelligence

Sassoon 7 Inc

EIN 81-1423501 • 501(c)3 • Brooklyn, NY

Profile

To provide religious, inspirational bible study and doing acts of kindness, which will inspire people to do good deeds to hasten the coming of the mashiach.also to provide financial assistance to the needy and other charitable, educational and religious organizations.

1195 Ocean Parkway 3ABrooklyn, NY 11230

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

72nd percentile

0.00x

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

NTEE S80 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

73rd percentile

0.00x

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

NTEE S80 • <$500k nonprofits • Source year 2022

Net Margin

7th percentile

-85%

Higher net margin than 7% of similar nonprofits.

NTEE S80 • <$500k nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

NTEE S80 • <$500k nonprofits • Source year 2022

Asset Growth

43rd percentile

-0.9%

Faster asset growth than 43% of similar nonprofits.

NTEE S80 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

3rd percentile

-97%

Faster revenue growth than 3% of similar nonprofits.

NTEE S80 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$96,187

Down $847 (-0.9%) from 2021

Liabilities

Flat

$0

Flat from 2021

Net Assets

Down

$96,187

Down $847 (-0.9%) from 2021

Operations
Liabilities / Revenue73rd percentileNet Margin7th percentile

Revenue

Down

$1,000

Down $29,539 (-97%) from 2021

Expenses

Down

$1,847

Down $26,581 (-94%) from 2021

Net Income

Down

-$847

Down $2,958 (-140%) from 2021

Trend Graphs

Balance Sheet Trend

Asset Growth43rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0Assets 2016: $255,543Liabilities 2016: $0Net Assets 2016: $255,5432016Assets 2017: $336,596Liabilities 2017: $0Net Assets 2017: $336,5962017Assets 2018: $327,286Liabilities 2018: $0Net Assets 2018: $327,2862018Assets 2021: $97,034Liabilities 2021: $0Net Assets 2021: $97,0342021Assets 2022: $96,187Liabilities 2022: $0Net Assets 2022: $96,1872022

Highlighted filing

2022

Assets$96,187
Liabilities$0
Net Assets$96,187
Open 2022 Filing

Operations Trend

Revenue Growth3rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$400K$300K$200K$100K$0-$100KRevenue 2016: $323,408Expenses 2016: $67,865Net Income 2016: $255,5432016Revenue 2017: $89,353Expenses 2017: $8,300Net Income 2017: $81,0532017Revenue 2018: $27,540Expenses 2018: $36,850Net Income 2018: -$9,3102018Revenue 2021: $30,539Expenses 2021: $28,428Net Income 2021: $2,1112021Revenue 2022: $1,000Expenses 2022: $1,847Net Income 2022: -$8472022

Highlighted filing

2022

Revenue$1,000
Expenses$1,847
Net Income-$847
Open 2022 Filing

Filings

Most recent year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$96,187
Liabilities
$0
Net assets
$96,187
Revenue
$1,000
Expenses
$1,847
Net income
-$847
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.01$0.02$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.97$0.00$0.97$0.31$0.28$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.27$0.00$3.27$0.28$0.37$0.09
2017Detailed filing. Detailed filing data is available for this year.$3.37$0.00$3.37$0.89$0.08$0.81
2016Detailed filing. Detailed filing data is available for this year.$2.56$0.00$2.56$3.23$0.68$2.56
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$1,000
Mission and Program Overview

Mission

To provide religious, inspirational bible study and doing acts of kindness, which will inspire people to do good deeds to hasten the coming of the mashiach.also to provide financial assistance to the needy and other charitable, educational and religious organizations.

To provide religious, inspirational bible study and doing acts of kindness, which will inspire people to do good deeds to hasten the coming of the mashiach. Also to provide financial assistance to the needy and other charitable, educational and religious organizations.

Program Services

DescriptionGrantsExpenses
TO BUILD A CENTER OF JOY AND HAPPINESS ON THE VERY SITE OF THE TRAGEDY THAT SHOOK THE WORLD WHERE SEVEN BEAUTIFUL CHILDREN PERISHED IN A FIRE AT 3371 BEDFORD AVENUE BROOKLYN NEW YORK. THIS GROUNDBREAKING ESTABLISHMENT WILL CONSIST OF SEVEN DIVISIONS INCLUDING A MENS AND WOMENS LEARNING CENTER, A LIBRARY FOR ALL AGES, AS WELL AS OTHER PROGRAMS. THE FACILITY WILL BE ACCESSIBLE TO ALL COMMUNITIES BOTH LOCALLY AND GLOBALLY AND WILL DEDICATE ITSELF TO PROVIDING NEEDED SERVICES AND PROFOUND INSPIRATION. THE ORGANIZATION ALSO BRINGS JOY AND HAPPINESS TO THE NEEDY AND INDIGENT BY LIVENING UP THEIR JOYOUS OCCASIONS AND BY PROVIDING FINANCIAL ASSISTANCE TO THE NEEDY BY CONTRIBUTING TO OTHER CHARITABLE, EDUCATIONAL AND RELIGIOUS ORGANIZATIONS SCHOLARSHIP FUNDS.$1,000$1,000
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
GAYLE SASSOONPresidentPT$0--
KIM DABAHV. President-$0--
ESTHER PASKIESecretary-$0--
Filing and Contact Details

Filer

Filer Name
Sassoon 7 Inc
EIN
81-1423501
Phone
3477136536
Address
1195 OCEAN PARKWAY 3A, BROOKLYN, NY 11230

Signing Officer

Name
Gayle Sassoon
Title
President
Phone
3477136536
Signed
2023-11-07
Discuss with paid preparer
Yes

Preparer

Firm
Roth & Company Llp
Address
1428 36TH STREET SUITE 200, BROOKLYN, NY 11218
Preparer
Zacharia Waxler
Phone
7182361600
Supplemental Narrative

Additional Explanations

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

“Description: office expense. Amount: 759. Description: travel. Amount: 88. Total to form 990-ez, line 16: 847.”

Raw XML Appendix139 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/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0GAYLE SASSOON
IRS990EZ/BooksInCareOfDetail/PhoneNum03477136536
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01195 OCEAN PARKWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011230
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt014252
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt013405
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt01000
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-847
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt097034
IRS990EZ/Form990TotalAssetsGrp/EOYAmt096187
IRS990EZ/GrantsAndSimilarAmountsPaidAmt01000
IRS990EZ/GrossReceiptsAmt01000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt082782
IRS990EZ/LandAndBuildingsGrp/EOYAmt082782
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt097034
IRS990EZ/NetAssetsOrFundBalancesEOYAmt096187
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt097034
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt096187
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt015.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
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/PersonNm0GAYLE SASSOON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1KIM DABAH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ESTHER PASKIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1V. PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0847
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE RELIGIOUS, INSPIRATIONAL BIBLE STUDY AND DOING ACTS OF KINDNESS, WHICH WILL INSPIRE PEOPLE TO DO GOOD DEEDS TO HASTEN THE COMING OF THE MASHIACH. ALSO TO PROVIDE FINANCIAL ASSISTANCE TO THE NEEDY AND OTHER CHARITABLE, EDUCATIONAL AND RELIGIOUS ORGANIZATIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO BUILD A CENTER OF JOY AND HAPPINESS ON THE VERY SITE OF THE TRAGEDY THAT SHOOK THE WORLD WHERE SEVEN BEAUTIFUL CHILDREN PERISHED IN A FIRE AT 3371 BEDFORD AVENUE BROOKLYN NEW YORK. THIS GROUNDBREAKING ESTABLISHMENT WILL CONSIST OF SEVEN DIVISIONS INCLUDING A MENS AND WOMENS LEARNING CENTER, A LIBRARY FOR ALL AGES, AS WELL AS OTHER PROGRAMS. THE FACILITY WILL BE ACCESSIBLE TO ALL COMMUNITIES BOTH LOCALLY AND GLOBALLY AND WILL DEDICATE ITSELF TO PROVIDING NEEDED SERVICES AND PROFOUND INSPIRATION. THE ORGANIZATION ALSO BRINGS JOY AND HAPPINESS TO THE NEEDY AND INDIGENT BY LIVENING UP THEIR JOYOUS OCCASIONS AND BY PROVIDING FINANCIAL ASSISTANCE TO THE NEEDY BY CONTRIBUTING TO OTHER CHARITABLE, EDUCATIONAL AND RELIGIOUS ORGANIZATIONS SCHOLARSHIP FUNDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01000
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt01847
IRS990EZ/TotalProgramServiceExpensesAmt01000
IRS990EZ/TotalRevenueAmt01000
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt030539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0197186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02707
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt027539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0258971
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84450
IRS990ScheduleA/PublicSupportPY170Pct00.89930
IRS990ScheduleA/PublicSupportTotal170Amt0218702
IRS990ScheduleA/SubstantialContributorsTotAmt040269
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt030539
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0197186
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02707
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt027539
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0258971
IRS990ScheduleA/TotalSupportAmt0258971
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: OFFICE EXPENSE. AMOUNT: 759. DESCRIPTION: TRAVEL. AMOUNT: 88. TOTAL TO FORM 990-EZ, LINE 16: 847.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GAYLE SASSOON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03477136536
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SASSOON 7 INC
ReturnHeader/Filer/BusinessNameControlTxt0SASS
ReturnHeader/Filer/EIN0811423501
ReturnHeader/Filer/PhoneNum03477136536
ReturnHeader/Filer/USAddress/AddressLine1Txt01195 OCEAN PARKWAY 3A
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011230
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113360065
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROTH & COMPANY LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01428 36TH STREET SUITE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKLYN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011218
ReturnHeader/PreparerPersonGrp/PhoneNum07182361600
ReturnHeader/PreparerPersonGrp/PreparationDt02023-10-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ZACHARIA WAXLER
ReturnHeader/ReturnTs02023-11-15T23:45:59-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GAYLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SASSOON
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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