Civic Intelligence

Kisrei Organization Inc.

EIN 81-3668325 • 501(c)3 • Monsey, NY

Pub. 78 Eligible990-N CoverageNTEE B90

Profile

To create, provide, & publish educational books,games & activities for children to promote the development of language ,reading and math skills in young children.

80 Brewer RdMonsey, NY 10952

n/A

Siviq Scores

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

Liabilities / Assets

96th percentile

1.97x

Higher debt load relative to assets than 96% of similar nonprofits.

NTEE B90 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

100th percentile

19.98x

Higher debt load relative to revenue than 100% of similar nonprofits.

NTEE B90 • <$500k nonprofits • Source year 2019

Net Margin

2nd percentile

-460%

Higher net margin than 2% of similar nonprofits.

NTEE B90 • <$500k nonprofits • Source year 2019

Top Officer Pay

88th percentile

$16,800

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 48.2% of source-year revenue.

NTEE B90 • <$500k nonprofits • Source year 2019

Asset Growth

26th percentile

-23%

Faster asset growth than 26% of similar nonprofits.

NTEE B90 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

12th percentile

-68%

Faster revenue growth than 12% of similar nonprofits.

NTEE B90 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$354,042

Down $103,615 (-23%) from 2018

Liabilities

Up

$696,109

Up $56,550 (+8.8%) from 2018

Net Assets

Down

-$342,067

Down $160,165 (-88%) from 2018

Revenue

Down

$34,841

Down $72,748 (-68%) from 2018

Expenses

Down

$195,006

Down $74,911 (-28%) from 2018

Net Income

Up

-$160,165

Up $2,163 (+1.3%) from 2018

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0-$500KAssets 2017: $65,463Liabilities 2017: $84,988Net Assets 2017: -$19,5252017Assets 2018: $457,657Liabilities 2018: $639,559Net Assets 2018: -$181,9022018Assets 2019: $354,042Liabilities 2019: $696,109Net Assets 2019: -$342,0672019

Highlighted filing

2019

Assets$354,042
Liabilities$696,109
Net Assets-$342,067

Operations Trend

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

$400K$200K$0-$200KRevenue 2017: $134,335Expenses 2017: $153,860Net Income 2017: -$19,5252017Revenue 2018: $107,589Expenses 2018: $269,917Net Income 2018: -$162,3282018Revenue 2019: $34,841Expenses 2019: $195,006Net Income 2019: -$160,1652019

Highlighted filing

2019

Revenue$34,841
Expenses$195,006
Net Income-$160,165

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Jul 14, 2020
Return Version
2019v5.1
Gross Receipts
$34,841
Mission and Program Overview

Mission

To create, provide, & publish educational books,games & activities for children to promote the development of language ,reading and math skills in young children.

Balance Sheet Detail
LineBeginningEndChange
Assets
Inventories for Sale or Use$301,278$268,570▼ $32,708
Accounts Receivable$60,014$48,736▼ $11,278
Land, Buildings, and Equipment, Net$50,784$30,875▼ $19,909
Cash and Non-Interest-Bearing Accounts$45,581$-2,512▼ $48,093
Total Assets$457,657$354,042▼ $103,615
Other Assets Total-$8,373-
Liabilities
Mortgage Notes Payable Secured by Investment Property$638,105$694,561▲ $56,456
Unsecured Notes Loans Payable$827$1,548▲ $721
Accounts Payable and Accrued Expenses$627--
Total Liabilities$639,559$696,109▲ $56,550
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-181,902$-342,067▼ $160,165
Total Net Assets Fund Balance$-181,902$-342,067▼ $160,165
Total Liabilities and Net Assets / Fund Balance$457,657$354,042▼ $103,615

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$28,345$30,707$59,052
Equipment$2,530$2,613$5,143
Land$0--
Compensation and Service Providers

Employees

NameTitleBaseTotal
Yosef FischelDirector$16,800$16,800
Naftoli RubinDirector$12,000$12,000

Board Members and Trustees

NameTitle
Moshe OshryDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$34,841
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-160,165
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$131,682
Salaries, Compensation, and Employee Benefits$63,224
Grants and Similar Amounts Paid$100
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$58,500$0$0$58,500
Advertising$25,082$0$0$25,082
Depreciation Depletion$19,909$0$0$19,909
Office Expenses$15,464$0$0$15,464
Occupancy$14,241$0$0$14,241
Payroll Taxes$4,724$0$0$4,724
Fees for Services Legal$3,346$0$0$3,346
Insurance$1,622$0$0$1,622
Fees for Services Accounting$1,000$0$0$1,000
Travel$323$0$0$323
Grants to Domestic Orgs$100--$100
Total Functional Expenses$195,006$0$0$195,006
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Filing and Contact Details

Filer

Filer Name
Kisrei Organization Inc
EIN
81-3668325
Phone
9144192812
Address
80 BREWER RD, MONSEY, NY 10952

Signing Officer

Name
Naftoli Rubin
Title
Director
Phone
9144192812
Signed
2020-07-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Naftoli Rubin
Formed
2016
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
4
Volunteers
3

Preparer

Firm
Jacob Frieder CPA Pc
Address
3 JACKSON AVE, SPRING VALLEY, NY 10977
Preparer
Jacob Frieder
Phone
8456944524
Supplemental Narrative

Additional Explanations

Pt VI, Line 8A

The orginization documents meetings of board members

Pt VI, Line 8B

The orginization documents meetings of board members

Pt VI, Line 11B

All members recieve a copy of the form 990

Pt VI, Line 12C

Compensation is compared with market jobs

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07236C5B2975E9C431425D311180A8D07C99DCF49
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId09AE49A6E043C02BFF205F592DF79FF49A9F7B00C
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.167.128.186
ReturnHeader/FilingSecurityInformation/IPDt02020-11-16
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PS
ReturnHeader/FilingSecurityInformation/IPTm016:00:18
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JACOB FRIEDER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03 JACKSON AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SPRING VALLEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010977
ReturnHeader/PreparerPersonGrp/PhoneNum08456944524
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JACOB FRIEDER
ReturnHeader/ReturnTs02020-11-16T16:00:26-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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