The Flying Whale Inc

990EZ • Fiscal year 2021 • EIN 81-3951441

Aug 01, 2020 to Jul 31, 2021 • Filed on Jun 15, 2022

Organization Profile N/A

1 West 85th Street No 2CNew York, NY 10024

(917) 754-2014

Siviq Scores

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

0.00x

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

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

No value available

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

Source year 2021

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Higher top officer pay than 76% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Source year 2021

-56%

Faster asset growth than 7% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Annualized from 2020 to 2021

-100%

Faster revenue growth than 3% of similar nonprofits.

2021 filings • NTEE A20 • <$500k nonprofits • Annualized from 2020 to 2021

Balance Sheet

Liabilities / Assets49th percentile

Assets

Down

$6,172

Down $7,779 (-56%) from 2020

Net Assets

Down

$6,172

Down $7,779 (-56%) from 2020

Liabilities

Flat

Flat from 2020

Revenue And Expenses

Liabilities / RevenueScore unavailable Net MarginScore unavailable

Revenue

Down

Down $7,000 (-100%) from 2020

Expenses

Down

$7,779

Down $270 (-3.4%) from 2020

Net Income

Down

-$7,779

Down $6,730 (-642%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

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

Highlighted filing

2021

Assets$6,172

Liabilities$0

Net Assets$6,172

Open 2021 Filing

Operations Trend

Revenue Growth3rd percentile

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

Highlighted filing

2021

Revenue$0

Expenses$7,779

Net Income-$7,779

Open 2021 Filing

Jump To

Filing Snapshot

Filing Period: Aug 1, 2020 to Jul 31, 2021
Signed: Jun 15, 2022
Return Version: 2020v4.2
Gross Receipts: $0

Mission and Program Overview

Mission

The organization intends to invite well known artists, writers and performers to educational conferences for the benefit of the general public and educational institutions.the organization intends to provide grants to new aspiring artists,writers and performers as yet not discovered by the mainstreampublic.

Program Services

Description	Grants	Expenses
THE ORGANIZATION INTENDS TO INVITE WELL KNOWN ARTISTS, WRITERS AND PERFORMERS TO EDUCATIONAL CONFERENCES FOR THE BENEFIT OF THE GENERAL PUBLIC AND EDUCATIONAL INSTITUTIONS.	$0	$0

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
CATERINA MONDA	President	-	$0	-	-
BERNARD BARON	CFO	-	$0	-	-
JACQUELINE GREAVES MONDA	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: The Flying Whale Inc
EIN: 81-3951441
Phone: 9177542014
Address: 1 WEST 85TH STREET NO 2C, NEW YORK, NY 10024

Signing Officer

Name: Caterina Monda
Title: CFO
Phone: 9177542014
Signed: 2022-06-15
Discuss with paid preparer: Yes

Preparer

Firm: Rogoff & Company Pc
Address: 355 LEXINGTON AVENUE 6TH FLOOR, NEW YORK, NY 10017-6603
Preparer: Bernard Baron
Phone: 2125575666

Supplemental Narrative

Additional Explanations

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

“Activity classification: artistic award. Grantee name: edoardo manzoni. Grantee relationship: none. Property description: cash. Date of gift: 04/19/21. Amount given: 806.”

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

“Activity classification: literary award. Grantee name: maaza mengiste. Grantee relationship: none. Property description: cash. Date of gift: 07/02/21. Amount given: 5,000. Total included on form 990-ez, line 10: 5,806.”

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

“Description: travel & miscellaneous. Amount: 190. Description: office, postage, books. Amount: 333. Total to form 990-ez, line 16: 523.”

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/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	ROGOFF & CO PC
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2125575666
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	355 LEXINGTON AVE 6 FL
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	10017
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	13951
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	6172
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	0
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-7779
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1450
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	13951
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	6172
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	5806
IRS990EZ/GrossReceiptsAmt	0	0
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	13951
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	6172
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	13951
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	6172
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	0.20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	CATERINA MONDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	BERNARD BARON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JACQUELINE GREAVES MONDA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	CFO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	523
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	THE ORGANIZATION INTENDS TO INVITE WELL KNOWN ARTISTS, WRITERS AND PERFORMERS TO EDUCATIONAL CONFERENCES FOR THE BENEFIT OF THE GENERAL PUBLIC AND EDUCATIONAL INSTITUTIONS.THE ORGANIZATION INTENDS TO PROVIDE GRANTS TO NEW ASPIRING ARTISTS,WRITERS AND PERFORMERS AS YET NOT DISCOVERED BY THE MAINSTREAMPUBLIC.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE ORGANIZATION INTENDS TO INVITE WELL KNOWN ARTISTS, WRITERS AND PERFORMERS TO EDUCATIONAL CONFERENCES FOR THE BENEFIT OF THE GENERAL PUBLIC AND EDUCATIONAL INSTITUTIONS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	NY
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	7779
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	0
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/First5Years170Ind	0	X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	0
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	7000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	15000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	22000
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportTotal170Amt	0	1760
IRS990ScheduleA/SubstantialContributorsTotAmt	0	20240
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	7000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	15000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	22000
IRS990ScheduleA/TotalSupportAmt	0	22000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	ACTIVITY CLASSIFICATION: ARTISTIC AWARD. GRANTEE NAME: EDOARDO MANZONI. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 04/19/21. AMOUNT GIVEN: 806.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACTIVITY CLASSIFICATION: LITERARY AWARD. GRANTEE NAME: MAAZA MENGISTE. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 07/02/21. AMOUNT GIVEN: 5,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 5,806.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: TRAVEL & MISCELLANEOUS. AMOUNT: 190. DESCRIPTION: OFFICE, POSTAGE, BOOKS. AMOUNT: 333. TOTAL TO FORM 990-EZ, LINE 16: 523.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE 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/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	CATERINA MONDA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	9177542014
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2022-06-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	THE FLYING WHALE INC
ReturnHeader/Filer/BusinessNameControlTxt	0	FLYI
ReturnHeader/Filer/EIN	0	813951441
ReturnHeader/Filer/PhoneNum	0	9177542014
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	1 WEST 85TH STREET NO 2C
ReturnHeader/Filer/USAddress/CityNm	0	NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NY
ReturnHeader/Filer/USAddress/ZIPCd	0	10024
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	132688836
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	ROGOFF & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	355 LEXINGTON AVENUE 6TH FLOOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	100176603
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2125575666
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	BERNARD BARON
ReturnHeader/ReturnTs	0	2022-06-15T13:18:06-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	CATERINA
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	MONDA
ReturnHeader/TaxPeriodBeginDt	0	2020-08-01
ReturnHeader/TaxPeriodEndDt	0	2021-07-31
ReturnHeader/TaxYr	0	2020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $6,172
Liabilities: $0
Net assets: $6,172
Revenue: $0
Expenses: $7,779
Net income: -$7,779

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.87	$0.00	$2.87	$0.00	$0.95	$0.95
2023Detailed filing. Detailed filing data is available for this year.	$5.67	$0.00	$3.82	$0.00	$0.00	$0.00
2022Detailed filing. Detailed filing data is available for this year.	$5.67	$0.00	$5.67	$0.00	$0.50	$0.50
2021Detailed filing. Detailed filing data is available for this year.	$6.17	$0.00	$6.17	$0.00	$7.78	$7.78
2020Detailed filing. Detailed filing data is available for this year.	$14.0	$0.00	$14.0	$7.00	$8.05	$1.05
2019Detailed filing. Detailed filing data is available for this year.	$15.0	$0.00	$15.0	$15.0	$0.00	$15.0
2018Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
2017Summary only. Only limited summary data is available for this year.	$0.00	$0.00		$0.00	$0.00	$0.00