Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
4.41x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
2nd percentile
Higher net margin than 2% of similar nonprofits.
Top Officer Pay
75th percentile
Higher top officer pay than 75% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
39th percentile
Faster asset growth than 39% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Balance Sheet
Assets
Down$33,927
Down $91 (-0.3%) from 2017
Net Assets
Down-$115,672
Down $52,671 (-84%) from 2017
Liabilities
Up$149,599
Up $52,580 (+54%) from 2017
Revenue And Expenses
Revenue
Up$29,918
Up $21,493 (+255%) from 2017
Expenses
Up$82,589
Up $11,163 (+16%) from 2017
Net Income
Up-$52,671
Up $10,330 (+16%) from 2017
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Sep 1, 2017 to Aug 31, 2018
- Signed
- Nov 13, 2019
- Return Version
- 2017v2.3
- Gross Receipts
- $29,918
Mission and Program Overview
Mission
Springboard's main mission is to bridge the digital divide, but more importantly the knowledge divide in technology for our region through educational programs and workshops. Our focus is to prepare individuals interested in pursuing careers in computer science and technology by putting them through courses in our workshops and life enrichment programs.
Springboard incubators inc., is a stem and business education incubator. We provide workshops for under served communities and students in at risk populations. We teach workshops in middle-school, high school, as well as to at risk students age 18-24. The workshops include digital literacy, coding and entrepreneurial classes.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. | - | $73,910 |
| TO TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. | - | $8,679 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEVEN LINDO | President | FT | $0 | - | - |
| MERTON A OWENS | Vice Preside | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Springboard Incubators Inc
- EIN
- 81-4200249
- Phone
- 5164142000
- Address
- 50 CLINTON STREET, HEMPSTEAD, NY 11550-0000
Signing Officer
- Name
- Steven Lindo
- Title
- President
- Phone
- 5164142000
- Signed
- 2019-11-13
Preparer
- Firm
- Jay Gelbein CPA
- Address
- 1212 WILLOWBROOK RD, STATEN ISLAND, NY 10314-4119
- Preparer
- Jay Gelbein
- Phone
- 7184941423
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 16
“Expenses liability insurance 3,086 insurance other 1,528 workers compensation 169 repairs & maintenance 500 rents 56,580 bank service charge 96 computer & internet 1,321 casual labor 6,300 consulting expense 500 payroll processing fees 540 professional fees 1,090 nys tax 25 non-investment depreciation 8,679 total 80,414”
Form 990-ez, Part II, Line 24
“25,014 30,300 less accumulated depreciation 0 13,965 security deposit rent 9,004 9,004 total 34,018 25,339”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 81,950 135,450 due from affiliate qbit 13,004 13,004 other loans payable 2,065 1,145”
Form 990-ez, Part III
“Springboard incubators inc., is a stem and business education incubator. We provide workshops for under served communities and students in at risk populations. We teach workshops in middle-school, high school, as well as to at risk students age 18-24. The workshops include digital literacy, coding and entrepreneurial classes.”
Form 990-ez, Part III, Line 31
“To teach workshops in middle-school, high school, as well as to at risk students age 18-24.”
Raw XML Appendix123 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | STEVEN LINDO |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5164142000 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 50 CLINTON STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HEMPSTEAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 115500000 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 8588 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 29918 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -52671 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 34018 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 33927 |
| IRS990EZ/GrossReceiptsAmt | 0 | 29918 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -63001 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -115672 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -63001 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -115672 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEVEN LINDO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MERTON A OWENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDE |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 34018 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 25339 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 80414 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SPRINGBOARD INCUBATORS INC., IS A STEM AND BUSINESS EDUCATION INCUBATOR. WE PROVIDE WORKSHOPS FOR UNDER SERVED COMMUNITIES AND STUDENTS IN AT RISK POPULATIONS. WE TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. THE WORKSHOPS INCLUDE DIGITAL LITERACY, CODING AND ENTREPRENEURIAL CLASSES. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | TO TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 73910 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 8679 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 2175 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 97019 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 149599 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 82589 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 82589 |
| IRS990EZ/TotalRevenueAmt | 0 | 29918 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 29918 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 29918 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 29918 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 29918 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 29918 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 29918 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES LIABILITY INSURANCE 3,086 INSURANCE OTHER 1,528 WORKERS COMPENSATION 169 REPAIRS & MAINTENANCE 500 RENTS 56,580 BANK SERVICE CHARGE 96 COMPUTER & INTERNET 1,321 CASUAL LABOR 6,300 CONSULTING EXPENSE 500 PAYROLL PROCESSING FEES 540 PROFESSIONAL FEES 1,090 NYS TAX 25 NON-INVESTMENT DEPRECIATION 8,679 TOTAL 80,414 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | 25,014 30,300 LESS ACCUMULATED DEPRECIATION 0 13,965 SECURITY DEPOSIT RENT 9,004 9,004 TOTAL 34,018 25,339 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNSECURED NOTES AND LOANS PAYABLE 81,950 135,450 DUE FROM AFFILIATE QBIT 13,004 13,004 OTHER LOANS PAYABLE 2,065 1,145 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | SPRINGBOARD INCUBATORS INC., IS A STEM AND BUSINESS EDUCATION INCUBATOR. WE PROVIDE WORKSHOPS FOR UNDER SERVED COMMUNITIES AND STUDENTS IN AT RISK POPULATIONS. WE TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. THE WORKSHOPS INCLUDE DIGITAL LITERACY, CODING AND ENTREPRENEURIAL CLASSES. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | TO TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2020-04-17 16:48:07Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN LINDO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5164142000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-11-13 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SPRINGBOARD INCUBATORS INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SPRI |
| ReturnHeader/Filer/EIN | 0 | 814200249 |
| ReturnHeader/Filer/PhoneNum | 0 | 5164142000 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 50 CLINTON STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HEMPSTEAD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 115500000 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | EEDEFD8F2C9DD6BBA4E16CC807B89190C38C6E6A |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | EEDEFD8F2C9DD6BBA4E16CC807B89190C38C6E6A |
| ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd | 0 | P |
| ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt | 0 | 98.113.5.5 |
| ReturnHeader/FilingSecurityInformation/IPDt | 0 | 2019-11-15 |
| ReturnHeader/FilingSecurityInformation/IPTimezoneCd | 0 | CS |
| ReturnHeader/FilingSecurityInformation/IPTm | 0 | 14:10:19 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 133701589 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | JAY GELBEIN CPA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 1212 WILLOWBROOK RD |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | STATEN ISLAND |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 103144119 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7184941423 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2019-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAY GELBEIN |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-11-15T14:10:19-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2017-09-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2018-08-31 |
| ReturnHeader/TaxYr | 0 | 2017 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $33,927
- Liabilities
- $149,599
- Net assets
- -$115,672
- Revenue
- $29,918
- Expenses
- $82,589
- Net income
- -$52,671