Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
990EZ • Fiscal year 2020 • EIN 81-4200249
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
97th percentile
Higher debt load relative to assets than 97% of similar nonprofits.
Liabilities / Revenue
90th percentile
Higher debt load relative to revenue than 90% of similar nonprofits.
Net Margin
84th percentile
Higher net margin than 84% of similar nonprofits.
Top Officer Pay
80th percentile
Higher top officer pay than 80% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
92nd percentile
Faster asset growth than 92% of similar nonprofits.
Revenue Growth
91st percentile
Faster revenue growth than 91% of similar nonprofits.
Assets
Up$84,075
Up $60,097 (+251%) from 2019
Net Assets
Up-$67,524
Up $69,427 (+51%) from 2019
Liabilities
Down$151,599
Down $9,330 (-5.8%) from 2019
Revenue
Up$172,199
Up $95,742 (+125%) from 2019
Expenses
Up$102,772
Up $5,036 (+5.2%) from 2019
Net Income
Up$69,427
Up $90,706 (+426%) from 2019
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 innovation hub provides virtual office spaces, high-speed internet access, private meeting rooms, desks space, collaborative areas, and large co-meeting rooms. We provide mentoring for startups, business development workshops, and access to a wide network of support services. Our startup and tenants can expect the constant dissemination of relevant information providing guidance and insights for marketing and growing their business. Schools and universities can also benefit from springboard's many workshops geared to understanding how technology can be harnessed and used as a vehicle to drive a successful business.
| Description | Grants | Expenses |
|---|---|---|
| SPRINGBOARD INNOVATION HUB PROVIDES VIRTUAL OFFICE SPACES, HIGH-SPEED INTERNET ACCESS, PRIVATE MEETING ROOMS, DESKS SPACE, COLLABORATIVE AREAS, AND LARGE CO-MEETING ROOMS. WE PROVIDE MENTORING FOR STARTUPS, BUSINESS DEVELOPMENT WORKSHOPS, AND ACCESS TO A WIDE NETWORK OF SUPPORT SERVICES. OUR STARTUP AND TENANTS CAN EXPECT THE CONSTANT DISSEMINATION OF RELEVANT INFORMATION PROVIDING GUIDANCE AND INSIGHTS FOR MARKETING AND GROWING THEIR BUSINESS. SCHOOLS AND UNIVERSITIES CAN ALSO BENEFIT FROM SPRINGBOARD'S MANY WORKSHOPS GEARED TO UNDERSTANDING HOW TECHNOLOGY CAN BE HARNESSED AND USED AS A VEHICLE TO DRIVE A SUCCESSFUL BUSINESS. | $0 | $80,306 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEVEN LINDO | President | FT | $0 | - | - |
| MERTON A OWENS | Vice President | PT | $0 | - | - |
| MELISSA LINDO | Treasurer | PT | $0 | - | - |
“Description: rental income. Amount: 8,694.”
“Description: advertising and promotion expense. Amount: 126. Description: donations expense. Amount: 500. Description: classroom expense. Amount: 3,500. Description: travel expenses. Amount: 308. Description: payroll processing fee. Amount: 1,223. Description: it expenses. Amount: 1,218. Description: program materials. Amount: 11,459. Description: other program expenses. Amount: 362. Description: insurance. Amount: 2,490. Description: membership dues. Amount: 100. Description: office expenses. Amount: 3,893. Description: paypal fees. Amount: 182. Description: depreciation expense. Amount: 5,286. Description: miscellaneous expense. Amount: 392. Total to form 990-ez, line 16: 31,039.”
“Description: security deposit. Beg. Of year amount: 9,004. End of year amount: 9,004. Description: other depreciable assets. Beg. Of year amount: 9,155. End of year amount: 3,869.”
“Description: loans from board members. Beg. Of year amount: 160,929. End of year amount: 151,599.”
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 | 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 | 11550 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5819 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 71202 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 2220 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 69427 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 12230 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 23978 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 84075 |
| IRS990EZ/GrossReceiptsAmt | 0 | 172199 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -136951 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | -67524 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -136951 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | -67524 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 38813 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 40.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 15.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 15.00 |
| 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 | STEVEN LINDO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MERTON A OWENS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MELISSA LINDO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 18159 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 12873 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 31039 |
| IRS990EZ/OtherRevenueTotalAmt | 0 | 8694 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SPRINGBOARD INNOVATION HUB PROVIDES VIRTUAL OFFICE SPACES, HIGH-SPEED INTERNET ACCESS, PRIVATE MEETING ROOMS, DESKS SPACE, COLLABORATIVE AREAS, AND LARGE CO-MEETING ROOMS. WE PROVIDE MENTORING FOR STARTUPS, BUSINESS DEVELOPMENT WORKSHOPS, AND ACCESS TO A WIDE NETWORK OF SUPPORT SERVICES. OUR STARTUP AND TENANTS CAN EXPECT THE CONSTANT DISSEMINATION OF RELEVANT INFORMATION PROVIDING GUIDANCE AND INSIGHTS FOR MARKETING AND GROWING THEIR BUSINESS. SCHOOLS AND UNIVERSITIES CAN ALSO BENEFIT FROM SPRINGBOARD'S MANY WORKSHOPS GEARED TO UNDERSTANDING HOW TECHNOLOGY CAN BE HARNESSED AND USED AS A VEHICLE TO DRIVE A SUCCESSFUL BUSINESS. |
| IRS990EZ/ProgramServiceRevenueAmt | 0 | 161285 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SPRINGBOARD INNOVATION HUB PROVIDES VIRTUAL OFFICE SPACES, HIGH-SPEED INTERNET ACCESS, PRIVATE MEETING ROOMS, DESKS SPACE, COLLABORATIVE AREAS, AND LARGE CO-MEETING ROOMS. WE PROVIDE MENTORING FOR STARTUPS, BUSINESS DEVELOPMENT WORKSHOPS, AND ACCESS TO A WIDE NETWORK OF SUPPORT SERVICES. OUR STARTUP AND TENANTS CAN EXPECT THE CONSTANT DISSEMINATION OF RELEVANT INFORMATION PROVIDING GUIDANCE AND INSIGHTS FOR MARKETING AND GROWING THEIR BUSINESS. SCHOOLS AND UNIVERSITIES CAN ALSO BENEFIT FROM SPRINGBOARD'S MANY WORKSHOPS GEARED TO UNDERSTANDING HOW TECHNOLOGY CAN BE HARNESSED AND USED AS A VEHICLE TO DRIVE A SUCCESSFUL BUSINESS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 80306 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 20690 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 160929 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 151599 |
| 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 | 102772 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 80306 |
| IRS990EZ/TotalRevenueAmt | 0 | 172199 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | SPRINGBOARDINCUBATORS.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 2200 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1696 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 29918 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 33814 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 8694 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 3969 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 12663 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 232077 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 33814 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 2200 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1696 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 29918 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 33814 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 46477 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: RENTAL INCOME. AMOUNT: 8,694. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: ADVERTISING AND PROMOTION EXPENSE. AMOUNT: 126. DESCRIPTION: DONATIONS EXPENSE. AMOUNT: 500. DESCRIPTION: CLASSROOM EXPENSE. AMOUNT: 3,500. DESCRIPTION: TRAVEL EXPENSES. AMOUNT: 308. DESCRIPTION: PAYROLL PROCESSING FEE. AMOUNT: 1,223. DESCRIPTION: IT EXPENSES. AMOUNT: 1,218. DESCRIPTION: PROGRAM MATERIALS. AMOUNT: 11,459. DESCRIPTION: OTHER PROGRAM EXPENSES. AMOUNT: 362. DESCRIPTION: INSURANCE. AMOUNT: 2,490. DESCRIPTION: MEMBERSHIP DUES. AMOUNT: 100. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 3,893. DESCRIPTION: PAYPAL FEES. AMOUNT: 182. DESCRIPTION: DEPRECIATION EXPENSE. AMOUNT: 5,286. DESCRIPTION: MISCELLANEOUS EXPENSE. AMOUNT: 392. TOTAL TO FORM 990-EZ, LINE 16: 31,039. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: SECURITY DEPOSIT. BEG. OF YEAR AMOUNT: 9,004. END OF YEAR AMOUNT: 9,004. DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 9,155. END OF YEAR AMOUNT: 3,869. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | DESCRIPTION: LOANS FROM BOARD MEMBERS. BEG. OF YEAR AMOUNT: 160,929. END OF YEAR AMOUNT: 151,599. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| 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/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEVEN LINDO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5164142000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-01-11 |
| 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 | 11550 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 113066459 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | CERINI & ASSOCIATES LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 3340 VETERANS MEMORIAL HWY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | BOHEMIA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11716 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6315821600 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2020-11-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KENNETH CERINI |
| ReturnHeader/ReturnTs | 0 | 2021-01-11T09:47:52-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2019-09-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-08-31 |
| ReturnHeader/TaxYr | 0 | 2019 |
No mirrored PDF or thumbnail assets are attached yet.
Displayed year
2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.