Civic Intelligence

Steampark Inc.

990 • Fiscal year 2023 • EIN 81-4927833

Jul 01, 2022 to Jun 30, 2023 • Filed on May 13, 2024

PO Box 118Rumson, NJ 07760

(201) 320-3719

Siviq Scores

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

Liabilities / Assets

70th percentile

0.31x

Higher debt load relative to assets than 70% of similar nonprofits.

2023 filings • NTEE P33 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

79th percentile

0.12x

Higher debt load relative to revenue than 79% of similar nonprofits.

2023 filings • NTEE P33 • <$500k nonprofits • Source year 2023

Net Margin

29th percentile

-9.4%

Higher net margin than 29% of similar nonprofits.

2023 filings • NTEE P33 • <$500k nonprofits • Source year 2023

Top Officer Pay

89th percentile

$58,500

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 15.6% of source-year revenue.

2023 filings • NTEE P33 • <$500k nonprofits • Source year 2023

Asset Growth

37th percentile

-6.4%

Faster asset growth than 37% of similar nonprofits.

2023 filings • NTEE P • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

78th percentile

17%

Faster revenue growth than 78% of similar nonprofits.

2023 filings • NTEE P33 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Down

$143,817

Down $9,882 (-6.4%) from 2022

Net Assets

Down

$99,169

Down $35,421 (-26%) from 2022

Liabilities

Up

$44,648

Up $25,539 (+134%) from 2022

Revenue

Up

$375,507

Up $55,871 (+17%) from 2022

Expenses

Up

$410,928

Up $68,490 (+20%) from 2022

Net Income

Down

-$35,421

Down $12,619 (-55%) from 2022

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2018: $61,592Liabilities 2018: $6,577Net Assets 2018: $55,0152018Assets 2019: $52,199Liabilities 2019: $11,851Net Assets 2019: $40,3482019Assets 2020: $179,370Liabilities 2020: $18,153Net Assets 2020: $161,2172020Assets 2021: $215,241Liabilities 2021: $57,849Net Assets 2021: $157,3922021Assets 2022: $153,699Liabilities 2022: $19,109Net Assets 2022: $134,5902022Assets 2023: $143,817Liabilities 2023: $44,648Net Assets 2023: $99,1692023Assets 2024: $245,564Liabilities 2024: $113,088Net Assets 2024: $132,4762024

Highlighted filing

2023

Assets$143,817
Liabilities$44,648
Net Assets$99,169

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2018: $83,807Expenses 2018: $28,792Net Income 2018: $55,0152018Revenue 2019: $90,493Expenses 2019: $105,160Net Income 2019: -$14,6672019Revenue 2020: $262,491Expenses 2020: $141,622Net Income 2020: $120,8692020Revenue 2021: $186,440Expenses 2021: $190,265Net Income 2021: -$3,8252021Revenue 2022: $319,636Expenses 2022: $342,438Net Income 2022: -$22,8022022Revenue 2023: $375,507Expenses 2023: $410,928Net Income 2023: -$35,4212023Revenue 2024: $413,448Expenses 2024: $381,186Net Income 2024: $32,2622024

Highlighted filing

2023

Revenue$375,507
Expenses$410,928
Net Income-$35,421
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
May 13, 2024
Return Version
2022v5.0
Gross Receipts
$422,717
Mission and Program Overview

Mission

To provide local communities with educational services focused on science, technology, engineering, arts and mathematics that supports the efforts of educators.

Steampark, inc. Provides educational, emotional, and wellness support to kids in need.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$93,757$51,116▼ $42,641
Land, Buildings, and Equipment, Net$46,414$31,061▼ $15,353
Accounts Receivable$200$6,210▲ $6,010
Prepaid Expenses and Deferred Charges$6,594$6,168▼ $426
Inventories for Sale or Use$3,679$2,052▼ $1,627
Pledges and Grants Receivable$2,000--
Loans From Officers Directors$5,997$1,785▼ $4,212
Total Assets$153,699$143,817▼ $9,882
Other Assets Total$1,055$47,210▲ $46,155
Liabilities
Deferred Revenue-$31,047-
Accounts Payable and Accrued Expenses$13,112$11,816▼ $1,296
Total Liabilities$19,109$44,648▲ $25,539
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$134,590$99,169▼ $35,421
Total Net Assets Fund Balance$134,590$99,169▼ $35,421
Total Liabilities and Net Assets / Fund Balance$153,699$143,817▼ $9,882

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$31,061$48,753-
Other Assets Org$2,210--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Jennifer Leigh DymExecutive DiFT$58,500$58,500

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$242,682
Program Service Revenue
$88,595
Investment Income
$35
Other Revenue
$44,195
All Other Contributions
$174,938
Change in Net Assets
$-35,421

Audited Revenue Reconciliation

Revenue per Audited Statements
$375,507
Total Revenue per Audited Statements
$375,507
Total Revenue per Form 990
$375,507
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$252,606
Salaries, Compensation, and Employee Benefits$158,322
Total Fundraising Expense$37,035
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$142,515$10,474$5,333$158,322
Fees for Services Other$2,352$6,165$11,626$20,143
Depreciation Depletion$15,539$164-$15,703
Other Expenses$7,793$307$2,952$11,052
Insurance$5,896$1,526$1,526$8,948
All Other Expenses$6,129--$6,129
Office Expenses$4,608$177$1,076$5,861
Fees for Services Accounting$1,639$1,639$1,661$4,939
Information Technology$1,463$253$2,242$3,958
Total Functional Expenses$341,712$32,181$37,035$410,928

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$410,928
Total Expenses per Audited Statements$410,928
Total Expenses per Form 990$410,928
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$88,517
Fundraising Direct Expenses$47,210
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Fundraising$88,517$88,517$47,210$41,307
Total Events$88,517$88,517$47,210$41,307
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Jennifer DymExec. DirectorLoan to SteamparkNo$1,785

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$5,997$1,785▼ $4,212
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
Yes
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

The board reviews and approves all financial statements and tax returns and approves the submission

Form 990, Page 6, Part VI, Line 12C

The organization requires trustees to disclose any potential conflicts of interest.

Form 990, Page 6, Part VI, Line 15A

Compensation is reviewed and approved by the board.

Form 990, Page 6, Part VI, Line 15B

The board approves all compensation and related expenditures at board meetings in writing.

Form 990, Page 6, Part VI, Line 19

The audited financials and tax filings are available upon request

Filing and Contact Details

Filer

Filer Name
Steampark Inc
EIN
81-4927833
Phone
2013203719
Address
PO BOX 118, RUMSON, NJ 07760

Signing Officer

Name
Jennifer Leigh Dym
Title
Executive Director
Phone
2013203719
Signed
2024-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jennifer Leigh Dym
Formed
2017
Legal Domicile
Nj
Voting Board Members
14
Independent Board Members
14
Employees
27
Volunteers
40

Preparer

Firm
David M Muldowneyjr CPA
Address
595 SHREWSBURY AVE STE 206A, SHREWSBURY, NJ 07702
Preparer
David M Muldowney Jr
Phone
7324314332
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IRS990/OtherExpensesGrp/TotalAmt211839
IRS990/OtherExpensesGrp/TotalAmt311052
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt02888
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02888
IRS990/OtherRevenueTotalAmt02888
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt05333
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt010474
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0142515
IRS990/OtherSalariesAndWagesGrp/TotalAmt0158322
IRS990/PartialLiquidationInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt02000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt06594
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06168
IRS990/PrincipalOfficerNm0JENNIFER LEIGH DYM
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0611710
IRS990/ProgramServiceRevenueGrp/ExclusionAmt088595
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt088595
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0186936
IRS990/PYExcessBenefitTransInd0false
IRS990/PYOtherExpensesAmt0207321
IRS990/PYOtherRevenueAmt054968
IRS990/PYProgramServiceRevenueAmt090916
IRS990/PYRevenuesLessExpensesAmt0-22802
IRS990/PYSalariesCompEmpBnftPaidAmt0148301
IRS990/PYTotalExpensesAmt0355622
IRS990/PYTotalRevenueAmt0332820
IRS990/ReconcilationRevenueExpnssAmt0-35421
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0135,482
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0242682
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0186936
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0126889
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0211162
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt065177
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0832846
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt091440
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt090916
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt059551
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt031564
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt018980
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0292451
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearAmt088595
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt088595
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt095936
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt019765
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt019781
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0135482
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.89960
IRS990ScheduleA/PublicSupportPY509Pct00.86590
IRS990ScheduleA/PublicSupportTotal509Amt01213892
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0422717
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0277852
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0186440
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0242726
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt084157
IRS990ScheduleA/Total509Grp/TotalAmt01213892
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0422717
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0373788
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0186440
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0262491
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0103938
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01349374
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt031061
IRS990ScheduleD/EquipmentGrp/DepreciationAmt048753
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt079814
IRS990ScheduleD/ExpensesSubtotalAmt0410928
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt045000
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt12210
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0ACCRUED INCOME
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1GIFT CARDS OUTSTANDING
IRS990ScheduleD/RevenueSubtotalAmt0375507
IRS990ScheduleD/TotalBookValueLandBuildingsAmt031061
IRS990ScheduleD/TotalBookValueOtherAssetsAmt047210
IRS990ScheduleD/TotalExpensesPerForm990Amt0410928
IRS990ScheduleD/TotalRevenuePerForm990Amt0375507
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0375507
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0410928
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt047210
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0FUNDRAISING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt088517
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt088517
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt088517
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt088517
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt041307
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt047210
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt047210
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/PersonNm0JENNIFER DYM
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0EXEC. DIRECTOR
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt01785
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0LOAN TO STEAMPARK
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt01785
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0TO HELP WITH START UP COSTS
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt021100
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0JENNIFER LEIGH DYM
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0EXECUTIVE DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/SupplementalInformationDetail/ExplanationTxt0THE EXECUTIVE DIRECTOR CONTRIBUTES OR ADVANCES FUNDS FOR SUPPLIES AND NON- PERISHABLE ITEMS TO THE ORGANIZATION AT TIMES TO FULFILL THE ORGANIZATIONS MISSION. THE ORGANIZATION IS REPAYING THE EXECUTIVE DIRECTOR UNTIL THE AMOUNT OF THE LOAN IS REPAID.
IRS990ScheduleL/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE L, PART V
IRS990ScheduleL/TotalBalanceDueAmt01785
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS AND APPROVES ALL FINANCIAL STATEMENTS AND TAX RETURNS AND APPROVES THE SUBMISSION
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION REQUIRES TRUSTEES TO DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST.

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