Civic Intelligence

Sassoon 7 Inc

990EZ • Fiscal year 2017 • EIN 81-1423501

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Organization ProfileN/A
1195 Ocean Parkway No 3ABrooklyn, NY 11230

(347) 713-6536

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

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

2017 filings • NTEE S • <$500k nonprofits • Source year 2017

Liabilities / Revenue

51st percentile

0.00x

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

2017 filings • NTEE S • <$500k nonprofits • Source year 2017

Net Margin

97th percentile

91%

Higher net margin than 97% of similar nonprofits.

2017 filings • NTEE S80 • <$500k nonprofits • Source year 2017

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2017 filings • NTEE S • <$500k nonprofits • Source year 2017

Asset Growth

80th percentile

32%

Faster asset growth than 80% of similar nonprofits.

2017 filings • NTEE S • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

5th percentile

-72%

Faster revenue growth than 5% of similar nonprofits.

2017 filings • NTEE S • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$336,596

Up $81,053 (+32%) from 2016

Net Assets

Up

$336,596

Up $81,053 (+32%) from 2016

Liabilities

Flat

$0

Flat from 2016

Revenue And Expenses
Liabilities / Revenue51st percentileNet Margin97th percentile

Revenue

Down

$89,353

Down $234,055 (-72%) from 2016

Expenses

Down

$8,300

Down $59,565 (-88%) from 2016

Net Income

Down

$81,053

Down $174,490 (-68%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$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

2017

Assets$336,596
Liabilities$0
Net Assets$336,596
Open 2017 Filing

Operations Trend

Revenue Growth5th percentile

Revenue, expenses, and net income across loaded years, with this 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

2017

Revenue$89,353
Expenses$8,300
Net Income$81,053
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.2
Gross Receipts
$89,353
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.

Program Services

DescriptionGrantsExpenses
TO BRING 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.$6,817$7,490
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 MEN'S AND WOMEN'S 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.$0$810
Compensation and Service Providers
Top Officer Pay77th 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 NO 3A, BROOKLYN, NY 11230

Signing Officer

Name
Gayle Sassoon
Title
President
Phone
3477136536
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

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

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: charitable. Grantee name: yeshivat ateret torah. Grantee address: 901 quentin road brooklyn, ny 11223. Date of gift: various. Amount given: 5,129.”

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

“Description: supplies. Amount: 573. Description: bank fees. Amount: 360. Description: advertising. Amount: 550. Total to form 990-ez, line 16: 1,483.”

Raw XML Appendix135 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/BusinessNameLine1Txt0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum03477136536
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01195 OCEAN PARKWAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011230
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0255543
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0336596
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt089353
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt081053
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0255543
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0336596
IRS990EZ/GrantsAndSimilarAmountsPaidAmt06817
IRS990EZ/GrossReceiptsAmt089353
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0255543
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0336596
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0255543
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0336596
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/OtherExpensesTotalAmt01483
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 MEN'S AND WOMEN'S 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TO BRING 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/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt16817
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0810
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17490
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08300
IRS990EZ/TotalProgramServiceExpensesAmt08300
IRS990EZ/TotalRevenueAmt089353
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt089353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0323408
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0412761
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0386271
IRS990ScheduleA/SubstantialContributorsTotAmt026490
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt089353
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0323408
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0412761
IRS990ScheduleA/TotalSupportAmt0412761
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: YESHIVAT ATERET TORAH. GRANTEE ADDRESS: 901 QUENTIN ROAD BROOKLYN, NY 11223. DATE OF GIFT: VARIOUS. AMOUNT GIVEN: 5,129.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SUPPLIES. AMOUNT: 573. DESCRIPTION: BANK FEES. AMOUNT: 360. DESCRIPTION: ADVERTISING. AMOUNT: 550. TOTAL TO FORM 990-EZ, LINE 16: 1,483.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 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/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GAYLE SASSOON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03477136536
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SASSOON 7 INC
ReturnHeader/Filer/BusinessNameControlTxt0SASS
ReturnHeader/Filer/EIN0811423501
ReturnHeader/Filer/PhoneNum03477136536
ReturnHeader/Filer/USAddress/AddressLine1Txt01195 OCEAN PARKWAY NO 3A
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011230
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08840A80353E4CCD25F9A106273A7B21DF6A4DD5C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09DE709EB5467112A261B1C641E8D5E34BD4FD4F8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02018-05-15
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:27:38
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/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YITZCHOK HEIMFELD
ReturnHeader/ReturnTs02018-05-15T18:15:45-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$336,596
Liabilities
$0
Net assets
$336,596
Revenue
$89,353
Expenses
$8,300
Net income
$81,053
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