Civic Intelligence

Sassoon 7 Inc

990EZ • Fiscal year 2021 • EIN 81-1423501

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 10, 2022

1195 Ocean Parkway 3ABrooklyn, NY 11230

(347) 713-6536

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

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

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Liabilities / Revenue

50th percentile

0.00x

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

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Net Margin

51st percentile

6.9%

Higher net margin than 51% of similar nonprofits.

2021 filings • NTEE S80 • <$500k nonprofits • Source year 2021

Top Officer Pay

86th percentile

$0

Higher top officer pay than 86% of similar nonprofits.

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

2021 filings • NTEE S80 • <$500k nonprofits • Source year 2021

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2021 filings • NTEE S80 • <$500k nonprofits • Annualized from 2018 to 2021

Revenue Growth

52nd percentile

3.5%

Faster revenue growth than 52% of similar nonprofits.

2021 filings • NTEE S • <$500k nonprofits • Annualized from 2018 to 2021

Assets

Down

$97,034

Down $230,252 (-70%) from 2018

Net Assets

Down

$97,034

Down $230,252 (-70%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Up

$30,539

Up $2,999 (+11%) from 2018

Expenses

Down

$28,428

Down $8,422 (-23%) from 2018

Net Income

Up

$2,111

Up $11,421 (+123%) from 2018

Historical Trend

Balance Sheet Trend

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

2021

Assets$97,034
Liabilities$0
Net Assets$97,034

Operations Trend

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

2021

Revenue$30,539
Expenses$28,428
Net Income$2,111
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 10, 2022
Return Version
2021v4.2
Gross Receipts
$30,539
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.$17,000$17,000
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$7,023
Compensation and Service Providers

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
2022-11-10
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 10 - Grants and Similar Amounts Paid

Activity classification: charitable. Grantee name: yeshivat darche eres. Grantee address: 2533 coney island avenue brooklyn, ny 11223. Amount given: 5,000.

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

Activity classification: charitable. Grantee name: magen david yeshivah. Grantee address: 2130 mcdonald ave brooklyn, ny 11223. Amount given: 5,000.

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

Activity classification: charitable. Grantee name: barkai yeshiva . Grantee address: 5302 21st ave brooklyn, ny 11204. Amount given: 1,000.

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

Activity classification: charitable. Grantee name: yeshivah of flatbush . Grantee address: 1609 avenue j brooklyn, ny 11230. Amount given: 5,000.

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

Activity classification: charitable. Grantee name: ramaz . Grantee address: 125 e 85th street new york , ny 10028. Amount given: 1,000. Total included on form 990-ez, line 10: 17,000.

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

Description: office expense. Amount: 8,135. Description: auto expense . Amount: 39. Description: contract labor . Amount: 3,254. Total to form 990-ez, line 16: 11,428.

Raw XML Appendix157 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
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IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
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IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt02111
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt094923
IRS990EZ/Form990TotalAssetsGrp/EOYAmt097034
IRS990EZ/GrantsAndSimilarAmountsPaidAmt017000
IRS990EZ/GrossReceiptsAmt030539
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt082782
IRS990EZ/LandAndBuildingsGrp/EOYAmt082782
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt094923
IRS990EZ/NetAssetsOrFundBalancesEOYAmt097034
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt094923
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt097034
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/OtherExpensesTotalAmt011428
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/GrantsAndAllocationsAmt117000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07023
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt117000
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/TotalExpensesAmt028428
IRS990EZ/TotalProgramServiceExpensesAmt024023
IRS990EZ/TotalRevenueAmt030539
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt030539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0197186
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt02707
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt027539
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt089353
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0347324
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.89930
IRS990ScheduleA/PublicSupportPY170Pct00.76990
IRS990ScheduleA/PublicSupportTotal170Amt0312356
IRS990ScheduleA/SubstantialContributorsTotAmt034968
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt030539
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0197186
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt02707
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt027539
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt089353
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0347324
IRS990ScheduleA/TotalSupportAmt0347324
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: YESHIVAT DARCHE ERES. GRANTEE ADDRESS: 2533 CONEY ISLAND AVENUE BROOKLYN, NY 11223. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: MAGEN DAVID YESHIVAH. GRANTEE ADDRESS: 2130 MCDONALD AVE BROOKLYN, NY 11223. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: BARKAI YESHIVA . GRANTEE ADDRESS: 5302 21ST AVE BROOKLYN, NY 11204. AMOUNT GIVEN: 1,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: YESHIVAH OF FLATBUSH . GRANTEE ADDRESS: 1609 AVENUE J BROOKLYN, NY 11230. AMOUNT GIVEN: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ACTIVITY CLASSIFICATION: CHARITABLE. GRANTEE NAME: RAMAZ . GRANTEE ADDRESS: 125 E 85TH STREET NEW YORK , NY 10028. AMOUNT GIVEN: 1,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 17,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: OFFICE EXPENSE. AMOUNT: 8,135. DESCRIPTION: AUTO EXPENSE . AMOUNT: 39. DESCRIPTION: CONTRACT LABOR . AMOUNT: 3,254. TOTAL TO FORM 990-EZ, LINE 16: 11,428.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0GAYLE SASSOON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03477136536
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-10
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/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/PreparationDt02022-11-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ZACHARIA WAXLER
ReturnHeader/ReturnTs02022-11-10T12:50:03-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GAYLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SASSOON
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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