Civic Intelligence

Breakout Foundation Inc.

990EZ • Fiscal year 2023 • EIN 81-1983565

Jan 01, 2023 to Dec 31, 2023 • Filed on May 13, 2024

Organization ProfileWWW.BREAKOUT.TODAY/BREAKOUTFOUNDATION
224 West 35th St Suite 500 Unit 512New York, NY 10001

(240) 505-0239

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

52nd percentile

6.9%

Higher net margin than 52% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2023 filings • NTEE S • <$500k nonprofits • Source year 2023

Asset Growth

77th percentile

28%

Faster asset growth than 77% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

90th percentile

127%

Faster revenue growth than 90% of similar nonprofits.

2023 filings • NTEE S • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$43,723

Flat from 2023

Net Assets

$43,723

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin52nd percentile

Revenue

Flat

$137,796

Flat from 2023

Expenses

Flat

$128,221

Flat from 2023

Net Income

Flat

$9,575

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth77th percentile

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

$300K$200K$100K$0Assets 2016: $10,000Net Assets 2016: $10,0002016Assets 2017: $21,493Liabilities 2017: $02017Assets 2018: $38,709Net Assets 2018: $38,7092018Assets 2019: $14,462Liabilities 2019: $02019Assets 2020: $75,612Net Assets 2020: $75,6122020Assets 2021: $136,801Net Assets 2021: $136,8012021Assets 2022: $34,148Net Assets 2022: $34,1482022Assets 2023: $43,723Net Assets 2023: $43,7232023Assets 2023: $43,723Liabilities 2023: $02023Assets 2024: $248,293Liabilities 2024: $0Net Assets 2024: $248,2932024

Highlighted filing

2023

Assets$43,723
Liabilities-
Net Assets$43,723
Open 2023 Filing

Operations Trend

Revenue Growth90th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KRevenue 2016: $10,0002016Revenue 2017: $20,103Expenses 2017: $8,610Net Income 2017: $11,4932017Revenue 2018: $60,221Expenses 2018: $43,005Net Income 2018: $17,2162018Revenue 2019: $5,500Expenses 2019: $29,747Net Income 2019: -$24,2472019Revenue 2020: $91,349Expenses 2020: $30,198Net Income 2020: $61,1512020Revenue 2021: $131,265Expenses 2021: $70,076Net Income 2021: $61,1892021Revenue 2022: $60,674Expenses 2022: $163,628Net Income 2022: -$102,9542022Revenue 2023: $137,796Expenses 2023: $128,221Net Income 2023: $9,5752023Revenue 2023: $137,796Expenses 2023: $128,221Net Income 2023: $9,5752023Revenue 2024: $405,000Expenses 2024: $200,430Net Income 2024: $204,5702024

Highlighted filing

2023

Revenue$137,796
Expenses$128,221
Net Income$9,575
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
May 13, 2024
Return Version
2023v5.0
Gross Receipts
$137,796
Mission and Program Overview

Mission

The breakout foundation was created to award grants on a monthly basis to rising non profit leaders and social entrepreneurs having a positive impact in their communities.

Program Services

DescriptionGrantsExpenses
THE ORGANIZATION IS CURRENTLY REVIEWING APPLICATIONS TO DETERMINE WHO WILL BE RECEIVING A GRANT.$80,050$80,050
H-$23,725
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATHRYN THANTreasurerPT$0--
MICHAEL FARBERSecretaryPT$0--
ADITYA NAIKCo-PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Breakout Foundation
EIN
81-1983565
Phone
2405050239
Address
224 WEST 35TH ST SUITE 500 UNIT 512, NEW YORK, NY 10001

Signing Officer

Name
Michael Farber
Title
Secretary
Phone
9178467910
Signed
2024-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Westwood Tax & Consulting LLC
Address
265 SUNRISE HWY SUITE 1-411, ROCKVILLE CENTRE, NY 11570
Preparer
Joshua Zimmelman
Phone
5167920505
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Cash contribution: 80,050”

Form 990-ez, Part I, Line 16

“Expenses billing fees 1,708 travel 1,186 total 2,894”

Form 990-ez, Part III

“The breakout foundation was created to award grants on a monthly basis to rising non profit leaders and social entrepreneurs having a positive impact in their communities.”

Form 990-ez, Part III, Line 31

“H”

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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0MICHAEL FARBER
IRS990EZ/BooksInCareOfDetail/PhoneNum02405050239
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 JEFFERSON AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine2Txt0APT 3D
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011216
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034148
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt043723
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0137796
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt09575
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt045277
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt034148
IRS990EZ/Form990TotalAssetsGrp/EOYAmt043723
IRS990EZ/GrantsAndSimilarAmountsPaidAmt080050
IRS990EZ/GrossReceiptsAmt0137796
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt034148
IRS990EZ/NetAssetsOrFundBalancesEOYAmt043723
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt034148
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt043723
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt25.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0KATHRYN THAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MICHAEL FARBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ADITYA NAIK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2CO-PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02894
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE BREAKOUT FOUNDATION WAS CREATED TO AWARD GRANTS ON A MONTHLY BASIS TO RISING NON PROFIT LEADERS AND SOCIAL ENTREPRENEURS HAVING A POSITIVE IMPACT IN THEIR COMMUNITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE ORGANIZATION IS CURRENTLY REVIEWING APPLICATIONS TO DETERMINE WHO WILL BE RECEIVING A GRANT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1H
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt080050
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt080050
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt123725
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0128221
IRS990EZ/TotalProgramServiceExpensesAmt0103775
IRS990EZ/TotalRevenueAmt0137796
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.BREAKOUT.TODAY/BREAKOUTFOUNDATION
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0137796
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt060674
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0131265
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt091349
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt05500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0426584
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0426584
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0137796
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt060674
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0131265
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt091349
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt05500
IRS990ScheduleA/Total509Grp/TotalAmt0426584
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0137796
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt060674
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0131265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt091349
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt05500
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0426584
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 80,050
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BILLING FEES 1,708 TRAVEL 1,186 TOTAL 2,894
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BREAKOUT FOUNDATION WAS CREATED TO AWARD GRANTS ON A MONTHLY BASIS TO RISING NON PROFIT LEADERS AND SOCIAL ENTREPRENEURS HAVING A POSITIVE IMPACT IN THEIR COMMUNITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3H
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL FARBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SECRETARY
ReturnHeader/BusinessOfficerGrp/PhoneNum09178467910
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BREAKOUT FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BREA
ReturnHeader/Filer/EIN0811983565
ReturnHeader/Filer/PhoneNum02405050239
ReturnHeader/Filer/USAddress/AddressLine1Txt0224 WEST 35TH ST SUITE 500 UNIT 512
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010001
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202134875
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WESTWOOD TAX & CONSULTING LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0265 SUNRISE HWY SUITE 1-411
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCKVILLE CENTRE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011570
ReturnHeader/PreparerPersonGrp/PhoneNum05167920505
ReturnHeader/PreparerPersonGrp/PreparationDt02024-08-23
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSHUA ZIMMELMAN
ReturnHeader/ReturnTs02024-08-23T08:53:40-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$43,723
Liabilities
-
Net assets
$43,723
Revenue
$137,796
Expenses
$128,221
Net income
$9,575
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.48$0.00$2.48$4.05$2.00$2.05
2023Detailed filing. Detailed filing data is available for this year.$0.44$0.44$1.38$1.28$0.10
2023Summary only. Only limited summary data is available for this year.$0.44$0.00$1.38$1.28$0.10
2022Detailed filing. Detailed filing data is available for this year.$0.34$0.34$0.61$1.64$1.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.37$1.37$1.31$0.70$0.61
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.76$0.91$0.30$0.61
2019Summary only. Only limited summary data is available for this year.$0.14$0.00$0.06$0.30$0.24
2018Detailed filing. Detailed filing data is available for this year.$0.39$0.39$0.60$0.43$0.17
2017Summary only. Only limited summary data is available for this year.$0.21$0.00$0.20$0.09$0.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.10$0.10