Civic Intelligence

Sassoon 7 Inc

990EZ • Fiscal year 2018 • EIN 81-1423501

Jan 01, 2018 to Dec 31, 2018 • Filed on May 02, 2019

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

51st percentile

0.00x

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

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Liabilities / Revenue

50th percentile

0.00x

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

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Net Margin

11th percentile

-34%

Higher net margin than 11% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • NTEE S • <$500k nonprofits • Source year 2018

Asset Growth

39th percentile

-2.8%

Faster asset growth than 39% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

4th percentile

-69%

Faster revenue growth than 4% of similar nonprofits.

2018 filings • NTEE S • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets51st percentile

Assets

Down

$327,286

Down $9,310 (-2.8%) from 2017

Net Assets

Down

$327,286

Down $9,310 (-2.8%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin11th percentile

Revenue

Down

$27,540

Down $61,813 (-69%) from 2017

Expenses

Up

$36,850

Up $28,550 (+344%) from 2017

Net Income

Down

-$9,310

Down $90,363 (-111%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth39th 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

2018

Assets$327,286
Liabilities$0
Net Assets$327,286
Open 2018 Filing

Operations Trend

Revenue Growth4th 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

2018

Revenue$27,540
Expenses$36,850
Net Income-$9,310
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 2, 2019
Return Version
2018v3.1
Gross Receipts
$27,540
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.$26,000$30,329
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$100
Compensation and Service Providers
Top Officer Pay76th 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
2019-05-02
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: . Grantee name: yeshivat darche eres. Grantee address: 2533 coney island avenue brooklyn, ny 11223. Date of gift: 11/20/18. Amount given: 26,000. Total included on form 990-ez, line 10: 26,000.”

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

“Description: supplies. Amount: 3,632. Description: licences & fees. Amount: 100. Description: advertising. Amount: 500. Total to form 990-ez, line 16: 4,232.”

Raw XML Appendix141 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
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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
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IRS990EZ/LandAndBuildingsGrp/EOYAmt070082
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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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/OtherExpensesTotalAmt04232
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/GrantsAndAllocationsAmt126000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0100
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt130329
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
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IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt036850
IRS990EZ/TotalProgramServiceExpensesAmt030429
IRS990EZ/TotalRevenueAmt027540
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt027539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt089353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0323408
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0440300
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0414912
IRS990ScheduleA/SubstantialContributorsTotAmt025388
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt027539
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0440300
IRS990ScheduleA/TotalSupportAmt0440300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: YESHIVAT DARCHE ERES. GRANTEE ADDRESS: 2533 CONEY ISLAND AVENUE BROOKLYN, NY 11223. DATE OF GIFT: 11/20/18. AMOUNT GIVEN: 26,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 26,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: SUPPLIES. AMOUNT: 3,632. DESCRIPTION: LICENCES & FEES. AMOUNT: 100. DESCRIPTION: ADVERTISING. AMOUNT: 500. TOTAL TO FORM 990-EZ, LINE 16: 4,232.
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/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GAYLE SASSOON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03477136536
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-05-02
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
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.88.174.3
ReturnHeader/FilingSecurityInformation/IPDt02019-05-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm011:27:16
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/PreparationDt02019-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0YITZCHOK HEIMFELD
ReturnHeader/ReturnTs02019-05-14T20:07:47-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$327,286
Liabilities
$0
Net assets
$327,286
Revenue
$27,540
Expenses
$36,850
Net income
-$9,310
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