Liabilities / Assets
98th percentile
Higher debt load relative to assets than 98% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
2.85x
Liabilities / Revenue
100th percentile
Higher debt load relative to revenue than 100% of similar nonprofits.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
79th percentile
Higher top officer pay than 79% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Revenue Growth
Score unavailable
No earlier valid filing was available within the previous three public years.
Balance Sheet
Assets
$34,018
No earlier filing loaded for comparison.
Net Assets
-$63,001
No earlier filing loaded for comparison.
Liabilities
$97,019
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
$8,425
No earlier filing loaded for comparison.
Expenses
$71,426
No earlier filing loaded for comparison.
Net Income
-$63,001
No earlier filing loaded for comparison.
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Sep 23, 2016 to Aug 31, 2017
- Signed
- Nov 14, 2019
- Return Version
- 2016v3.1
- Gross Receipts
- $8,425
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 |
|---|---|---|
| WE TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. | - | $64,753 |
| WE TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. | - | $5,286 |
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
- 2019-11-14
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 advertising & promotion 673 insurance expense 4,443 marathon reimbursement 413 bank service charges 95 computer & intern et 1,150 dues & subscriptions 612 office supplies 1,516 paypal fees 993 payroll processing fees 813 professional fees 1,145 utilities 1,387 rents 31,467 non-investment depreciation 5,286 total 49,993”
Form 990-ez, Part II, Line 24
“Furniture & equipment 0 13,540 less accumulated depreciation 0 1,934 leasehold improvement 0 16,760 less accumulated depreciation 0 3,352 security deposit 0 9,004 total 0 34,018”
Form 990-ez, Part II, Line 26
“Unsecured notes and loans payable 0 81,950 due from affiliate qbit 0 13,004 other loans payable 0 2,065”
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
“We teach workshops in middle-school, high school, as well as to at risk students age 18-24.”
Raw XML Appendix115 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/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 8425 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -63001 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 34018 |
| IRS990EZ/GrossReceiptsAmt | 0 | 8425 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InitialReturnInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -63001 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -63001 |
| 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/EOYAmt | 0 | 34018 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 49993 |
| 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 | WE TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | WE TEACH WORKSHOPS IN MIDDLE-SCHOOL, HIGH SCHOOL, AS WELL AS TO AT RISK STUDENTS AGE 18-24. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 64753 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 5286 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 21433 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 97019 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 71426 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 70039 |
| IRS990EZ/TotalRevenueAmt | 0 | 8425 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 8425 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 8425 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 8425 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 8425 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 8425 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 8425 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | EXPENSES ADVERTISING & PROMOTION 673 INSURANCE EXPENSE 4,443 MARATHON REIMBURSEMENT 413 BANK SERVICE CHARGES 95 COMPUTER & INTERN ET 1,150 DUES & SUBSCRIPTIONS 612 OFFICE SUPPLIES 1,516 PAYPAL FEES 993 PAYROLL PROCESSING FEES 813 PROFESSIONAL FEES 1,145 UTILITIES 1,387 RENTS 31,467 NON-INVESTMENT DEPRECIATION 5,286 TOTAL 49,993 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | FURNITURE & EQUIPMENT 0 13,540 LESS ACCUMULATED DEPRECIATION 0 1,934 LEASEHOLD IMPROVEMENT 0 16,760 LESS ACCUMULATED DEPRECIATION 0 3,352 SECURITY DEPOSIT 0 9,004 TOTAL 0 34,018 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | UNSECURED NOTES AND LOANS PAYABLE 0 81,950 DUE FROM AFFILIATE QBIT 0 13,004 OTHER LOANS PAYABLE 0 2,065 |
| 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 | WE 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 | 2020-03-31 21:24:44Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN LINDO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5164142000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2019-11-14 |
| 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 | 37C8FFFFA5AA8BBF9C18BD8263B7E578FD6EB79B |
| 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 | 2019-11-14 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JAY GELBEIN |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2019-11-18T16:29:56-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-09-23 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2017-08-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $34,018
- Liabilities
- $97,019
- Net assets
- -$63,001
- Revenue
- $8,425
- Expenses
- $71,426
- Net income
- -$63,001