Civic Intelligence

Wrap for a Cause Inc

990EZ • Fiscal year 2020 • EIN 81-3556325

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 05, 2021

Organization Profilewrapforacause.org
93 Valley Road Unit BCos Cob, CT 06807

(888) 392-9729

Siviq Scores

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

Liabilities / Assets

78th percentile

0.15x

Higher debt load relative to assets than 78% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

19th percentile

-21%

Faster asset growth than 19% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets78th percentile

Assets

Down

$33,707

Down $8,834 (-21%) from 2019

Net Assets

Down

$28,726

Down $8,834 (-24%) from 2019

Liabilities

Flat

$4,981

Flat from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

$0

No earlier filing loaded for comparison.

Expenses

Down

$8,834

Down $10,886 (-55%) from 2019

Net Income

-$8,834

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

$200K$150K$100K$50K$0Assets 2016: $153,194Liabilities 2016: $4,981Net Assets 2016: $148,2132016Assets 2017: $106,871Liabilities 2017: $4,981Net Assets 2017: $101,8902017Assets 2018: $62,261Liabilities 2018: $4,981Net Assets 2018: $57,2802018Assets 2019: $42,541Liabilities 2019: $4,981Net Assets 2019: $37,5602019Assets 2020: $33,707Liabilities 2020: $4,981Net Assets 2020: $28,7262020Assets 2021: $7,346Liabilities 2021: $0Net Assets 2021: $7,3462021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $0Liabilities 2023: $0Net Assets 2023: $02023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2020

Assets$33,707
Liabilities$4,981
Net Assets$28,726
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$200K$100K$0-$100KRevenue 2016: $175,000Expenses 2016: $26,787Net Income 2016: $148,2132016Revenue 2017: $15,000Expenses 2017: $61,323Net Income 2017: -$46,3232017Revenue 2018: $15,000Expenses 2018: $59,610Net Income 2018: -$44,6102018Expenses 2019: $19,7202019Revenue 2020: $0Expenses 2020: $8,834Net Income 2020: -$8,8342020Expenses 2021: $5,3622021Expenses 2022: $7,3462022

Highlighted filing

2020

Revenue$0
Expenses$8,834
Net Income-$8,834
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 5, 2021
Return Version
2020v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

To create a memorable, viral fundraising campaign that raises funds and awareness for charitable causes, using car wrappers.

Program Services

DescriptionGrantsExpenses
Formed Corporation, hired employees and consultants.Began awareness campaign for charitable causes using car wrappers.$0$7,834
Continued to build awareness campaign for charitable causes.$0$0
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Laura SaggesePresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Wrap For A Cause Inc
EIN
81-3556325
Phone
8883929729
Address
93 Valley Road Unit B, Cos Cob, CT 06807

Signing Officer

Name
Laura Saggese
Title
President
Phone
8883929729
Signed
2021-06-05
Discuss with paid preparer
Yes

Preparer

Firm
David A Black CPA
Address
31 Robbins Drive, East Williston, NY 11596
Phone
5162946638
Supplemental Narrative

Additional Explanations

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

“Activity Classification: GRANT. Grantee Name: 914 CARES. Grantee Address: 901 N. Broadway N. White Plains, NY 10605. Grantee Relationship: NONE. Property Description: CASH. Book Value of Property: 1000. Date of Gift: 05/25/20. Amount Given: 1000.”

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

“Description: INSURANCE. Amount: 464.”

Form 990-EZ, Part II, Line 26 - Other Liabilities

“Description: Due to Officer. Beg. of Year Amount: 4981. End of Year Amount: 4981.”

Raw XML Appendix128 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/BusinessNameLine1Txt0DAVID A BLACK CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum05162946638
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt031 ROBBINS DRIVE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0EAST WILLISTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011596
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt042541
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt033707
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt0-8834
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07125
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt042541
IRS990EZ/Form990TotalAssetsGrp/EOYAmt033707
IRS990EZ/GrantsAndSimilarAmountsPaidAmt01000
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt037560
IRS990EZ/NetAssetsOrFundBalancesEOYAmt028726
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt037560
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt028726
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Laura Saggese
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt0464
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To create a memorable, viral fundraising campaign that raises funds and awareness for charitable causes, using car wrappers.
IRS990EZ/PrintingPublicationsPostageAmt0245
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Formed Corporation, hired employees and consultants.Began awareness campaign for charitable causes using car wrappers.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1Continued to build awareness campaign for charitable causes.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt10
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt07834
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt10
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt04981
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt04981
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt08834
IRS990EZ/TotalProgramServiceExpensesAmt07834
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0wrapforacause.org
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt015000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0175000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0205000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0205000
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt015000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt015000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0175000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0205000
IRS990ScheduleA/TotalSupportAmt0205000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Activity Classification: GRANT. Grantee Name: 914 CARES. Grantee Address: 901 N. Broadway N. White Plains, NY 10605. Grantee Relationship: NONE. Property Description: CASH. Book Value of Property: 1000. Date of Gift: 05/25/20. Amount Given: 1000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description: INSURANCE. Amount: 464.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description: Due to Officer. Beg. of Year Amount: 4981. End of Year Amount: 4981.
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
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part II, Line 26 - Other Liabilities
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0LAURA SAGGESE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum08883929729
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-05
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Wrap For A Cause Inc
ReturnHeader/Filer/BusinessNameControlTxt0WRAP
ReturnHeader/Filer/EIN0813556325
ReturnHeader/Filer/PhoneNum08883929729
ReturnHeader/Filer/USAddress/AddressLine1Txt093 Valley Road Unit B
ReturnHeader/Filer/USAddress/CityNm0Cos Cob
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006807
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112896024
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0David A Black CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt031 Robbins Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0East Williston
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011596
ReturnHeader/PreparerPersonGrp/PhoneNum05162946638
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-05
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-06-05T05:57:29-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0LAURA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0SAGGESE
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$33,707
Liabilities
$4,981
Net assets
$28,726
Revenue
$0
Expenses
$8,834
Net income
-$8,834
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.07
2021Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.05
2020Detailed filing. Detailed filing data is available for this year.$0.34$0.05$0.29$0.00$0.09$0.09
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.05$0.38$0.20
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$0.05$0.57$0.15$0.60$0.45
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$0.05$1.02$0.15$0.61$0.46
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.53$0.05$1.48$1.75$0.27$1.48