Civic Intelligence

Polkadot Library

EIN 81-1638843 • 501(c)3 • Washington, DC

Pub. 78 Eligible990-N Coverage

Profile

Providing educational opportunity for underpriviledge children

1035 Papermill CT NWWashington, DC 20007

n/A

Siviq Scores

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

Liabilities / Assets

76th percentile

0.07x

Higher debt load relative to assets than 76% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

89th percentile

0.30x

Higher debt load relative to revenue than 89% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

22nd percentile

-23%

Higher net margin than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

36th percentile

-12%

Faster asset growth than 36% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2021

Revenue Growth

22nd percentile

-36%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2018 to 2021

Assets

Up

$53,295

Up $827 (+1.6%) from 2020

Liabilities

Up

$3,511

Up $3,511 from 2020

Net Assets

Down

$49,784

Down $2,684 (-5.1%) from 2020

Revenue

Up

$11,880

Up $1,587 (+15%) from 2020

Expenses

Up

$14,563

Up $459 (+3.3%) from 2020

Net Income

Up

-$2,683

Up $1,128 (+30%) from 2020

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2016: $32,962Liabilities 2016: $0Net Assets 2016: $32,9622016Assets 2017: $41,156Liabilities 2017: $8,342Net Assets 2017: $32,8142017Assets 2018: $78,231Liabilities 2018: $9,024Net Assets 2018: $69,2072018Assets 2020: $52,468Liabilities 2020: $0Net Assets 2020: $52,4682020Assets 2021: $53,295Liabilities 2021: $3,511Net Assets 2021: $49,7842021

Highlighted filing

2021

Assets$53,295
Liabilities$3,511
Net Assets$49,784

Operations Trend

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

$80K$60K$40K$20K$0-$20KRevenue 2016: $75,985Expenses 2016: $43,023Net Income 2016: $32,9622016Revenue 2017: $23,918Expenses 2017: $24,067Net Income 2017: -$1492017Revenue 2018: $46,358Expenses 2018: $9,967Net Income 2018: $36,3912018Revenue 2020: $10,293Expenses 2020: $14,104Net Income 2020: -$3,8112020Revenue 2021: $11,880Expenses 2021: $14,563Net Income 2021: -$2,6832021

Highlighted filing

2021

Revenue$11,880
Expenses$14,563
Net Income-$2,683

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 6, 2022
Return Version
2021v4.1
Gross Receipts
$11,880
Mission and Program Overview

Mission

Providing educational opportunity for underpriviledge children

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$52,468$49,784▼ $2,684
Land, Buildings, and Equipment, Net$34,430$34,430→ $0
Savings and Temporary Cash Investments$10,234$9,287▼ $947
Cash and Non-Interest-Bearing Accounts$1,793$4,871▲ $3,078
Receivables From Officers Etc$5,348$4,707▼ $641
Pledges and Grants Receivable$663$0▼ $663
Total Assets$52,468$53,295▲ $827
Liabilities
Accounts Payable and Accrued Expenses-$3,511-
Total Liabilities$0$3,511▲ $3,511
Net Assets / Fund Balance
Total Net Assets Fund Balance$52,468$49,784▼ $2,684
Total Liabilities and Net Assets / Fund Balance$52,468$53,295▲ $827

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$34,430-$34,430
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christyne NasbeBoard Member/president
Brian PowerBoard Member
Debra PrincipiBoard Member
Mary MottaBoard Member
Mike PhilipsBoard Member
Sunita TohanBoard Member
Teresa WilliamsBoard Member
Carlyn PetrellaBoard Member/secretary
Stephanie JohnsonBoard Member/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$12,652
Program Service Revenue
$0
Investment Income
$-772
Other Revenue
$0
All Other Contributions
$12,652
Change in Net Assets
$-2,683
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,563
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$7,102$0$0$7,102
All Other Expenses$5,652$0$0$5,652
Fees for Services Accounting$660$0$0$660
Office Expenses$233$0$0$233
Fees for Service Investment Mgmnt Fees$175$0$0$175
Total Functional Expenses$14,563$0$0$14,563
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$5,348$4,707▼ $641
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 9

Stephanie johnson 1018 laconian st se leesburg va 20175

Form 990, Part VI, Line 9

Debra principi 28613 lois lane easton md 21601

Form 990, Part VI, Line 9

Mike philips 3701 king william dr olney md 20832

Form 990, Part VI, Line 9

Sunita tohan 3530 mystic point dr #2514 aventura fl 33180

Form 990, Part VI, Line 9

Carlyn petrella 215 e 11th ave #d10 denver co 80203

Form 990, Part VI, Line 9

Mary motta 1037 cecil pl nw washington dc 20007

Form 990, Part VI, Line 9

Brian power 19128 youngs cliff rd sterlinh va 20165

Form 990, Part VI, Line 9

Teresa williams 1014 hillyer pl nw wasington dc 20007

Filing and Contact Details

Filer

Filer Name
Polkadot Library Inc
EIN
81-1638843
Phone
2022762790
Address
1035 PAPERMILL CT NW, Washington, DC 20007

Signing Officer

Name
Christyne Nasbe
Title
President
Phone
2022762790
Signed
2022-05-06

Organization Details

Principal Officer
Christyne Nasbe
Formed
2016
Legal Domicile
Dc
Voting Board Members
9
Independent Board Members
9
Employees
0
Volunteers
9

Preparer

Firm
Emerson H Lee Accounting Tax & Payroll
Address
6329 ARLINGTON BLVD STE G, FALLS CHURCH, VA 22044
Preparer
Emerson H Lee CPA
Phone
7032375404
Supplemental Narrative

Additional Explanations

Pt III, Line 2

NO

Pt III, Line 3

NO

Pt V, Line 3B

NO

Pt V, Line 13A

NO

Pt V, Line 14B

NO

Pt VI, Line 1A

THERE ARE 7 MEMBERS

Pt VI, Line 2

Yes, stephanie johnson is daughter of christyne nasbe

Pt VI, Line 3

NO

Pt VI, Line 4

NO

Pt VI, Line 5

NO

Pt VI, Line 6

NO

Pt VI, Line 7A

NO

Pt VI, Line 7B

NO

Pt VI, Line 8A

NO

Pt VI, Line 8B

NO

Pt VI, Line 10B

NO

Pt VI, Line 11B

Form 990 will be distributed annually to members

Pt VI, Line 12C

Discussion at the board meeting

Pt VI, Line 18

UPON REQUEST

Pt VI, Line 19

UPON REQUEST

Pt VII, Col (E)

NO

Pt VII, Col (E)

NO

Pt XII, Line 1

CASH

Pt XII, Line 2C

NO

Pt XII, Line 3B

NO

Other

NO

Form 990, Part IX, Line 24E

General supply 439. 439. 0. 0.

Form 990, Part IX, Line 24E

Telephone 725. 725. 0. 0.

Form 990, Part IX, Line 24E

TRAVEL 2461. 2461. 0. 0.

Form 990, Part IX, Line 24E

UTILITIES 13. 13. 0. 0.

Form 990, Part IX, Line 24E

Marketting fee 187. 187. 0. 0.

Form 990, Part IX, Line 24E

Consultant fee 1698. 1698. 0. 0.

Form 990, Part IX, Line 24E

Internet & website 129. 129. 0. 0.

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IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0CHRISTYNE NASBE
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THERE ARE 7 MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6YES, STEPHANIE JOHNSON IS DAUGHTER OF CHRISTYNE NASBE
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9NO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11NO
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16FORM 990 WILL BE DISTRIBUTED ANNUALLY TO MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17DISCUSSION AT THE BOARD MEETING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt19UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt20NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt21NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt22CASH
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt24NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt25NO
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt26STEPHANIE JOHNSON 1018 LACONIAN ST SE LEESBURG VA 20175
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt27DEBRA PRINCIPI 28613 LOIS LANE EASTON MD 21601
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt28MIKE PHILIPS 3701 KING WILLIAM DR OLNEY MD 20832
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt29SUNITA TOHAN 3530 MYSTIC POINT DR #2514 AVENTURA FL 33180
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt30CARLYN PETRELLA 215 E 11TH AVE #D10 DENVER CO 80203
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt31MARY MOTTA 1037 CECIL PL NW WASHINGTON DC 20007
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt32BRIAN POWER 19128 YOUNGS CLIFF RD STERLINH VA 20165
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt33TERESA WILLIAMS 1014 HILLYER PL NW WASINGTON DC 20007
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt35TELEPHONE 725. 725. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt36TRAVEL 2461. 2461. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt39CONSULTANT FEE 1698. 1698. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt40INTERNET & WEBSITE 129. 129. 0. 0.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc24Pt XII, Line 3b
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc27Form 990, Part VI, Line 9
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc30Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc31Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc32Form 990, Part VI, Line 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc33Form 990, Part VI, Line 9
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc35Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc36Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc37Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc38Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc39Form 990, Part IX, Line 24e
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc40Form 990, Part IX, Line 24e
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