Civic Intelligence

Arizou DBA Basta

990 • Fiscal year 2018 • EIN 81-5268868

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 08, 2019

315 West 36th StreetNew York, NY 10018

(215) 740-4863

Siviq Scores

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

Liabilities / Assets

74th percentile

0.02x

Higher debt load relative to assets than 74% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Liabilities / Revenue

71st percentile

0.01x

Higher debt load relative to revenue than 71% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Net Margin

80th percentile

29%

Higher net margin than 80% of similar nonprofits.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Top Officer Pay

99th percentile

$107,374

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 21.8% of source-year revenue.

2018 filings • NTEE B • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2018

Assets

$205,412

No earlier filing loaded for comparison.

Net Assets

$201,578

No earlier filing loaded for comparison.

Liabilities

$3,834

No earlier filing loaded for comparison.

Revenue

$493,482

No earlier filing loaded for comparison.

Expenses

$352,180

No earlier filing loaded for comparison.

Net Income

$141,302

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2018: $205,412Liabilities 2018: $3,834Net Assets 2018: $201,5782018Assets 2019: $898,369Liabilities 2019: $11,439Net Assets 2019: $886,9302019Assets 2020: $930,867Liabilities 2020: $136,181Net Assets 2020: $794,6862020Assets 2021: $1,779,484Liabilities 2021: $304,831Net Assets 2021: $1,474,6532021Assets 2022: $3,121,469Liabilities 2022: $127,094Net Assets 2022: $2,994,3752022Assets 2023: $3,623,547Liabilities 2023: $251,203Net Assets 2023: $3,372,3442023Assets 2024: $7,827,676Liabilities 2024: $403,338Net Assets 2024: $7,424,3382024

Highlighted filing

2018

Assets$205,412
Liabilities$3,834
Net Assets$201,578

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2018: $493,482Expenses 2018: $352,180Net Income 2018: $141,3022018Revenue 2019: $1,349,937Expenses 2019: $664,585Net Income 2019: $685,3522019Revenue 2020: $607,748Expenses 2020: $699,992Net Income 2020: -$92,2442020Revenue 2021: $2,193,738Expenses 2021: $1,513,771Net Income 2021: $679,9672021Revenue 2022: $3,883,491Expenses 2022: $2,363,769Net Income 2022: $1,519,7222022Revenue 2023: $4,202,445Expenses 2023: $3,824,476Net Income 2023: $377,9692023Revenue 2024: $8,806,559Expenses 2024: $5,004,565Net Income 2024: $3,801,9942024

Highlighted filing

2018

Revenue$493,482
Expenses$352,180
Net Income$141,302
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 8, 2019
Return Version
2018v3.1
Gross Receipts
$493,482
Mission and Program Overview

Mission

To create a bridge of opportunity between employers and first-generation college graduates of color to increase knowledge workforce diversity at all levels. The organization seeks to accomplish this through the facilitation of various job search and career readiness programs.

To create a bridge of opportunity between employers and first-generation college goers of color to increase knowledge workforce diversity at all levels. The organization seeks to accomplish this through the facilitation of various job search and career readiness programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$71,976$178,762▲ $106,786
Pledges and Grants Receivable-$26,650-
Total Assets$71,976$205,412▲ $133,436
Liabilities
Accounts Payable and Accrued Expenses$11,700$3,834▼ $7,866
Total Liabilities$11,700$3,834▼ $7,866
Net Assets / Fund Balance
Unrestricted Net Assets$60,276$174,928▲ $114,652
Temporarily Rstr Net Assets-$26,650-
Total Net Assets Fund Balance$60,276$201,578▲ $141,302
Total Liabilities and Net Assets / Fund Balance$71,976$205,412▲ $133,436
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Sheila SaremzadehChief Executive OfficerFT$102,917$4,457$107,374

Board Members and Trustees

NameTitle
Abe TalebChair
Alejandro PerezDirector
Jules ShinDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$423,384
Program Service Revenue
$70,098
Investment Income
$0
Other Revenue
$0
All Other Contributions
$423,384
Change in Net Assets
$141,302
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$246,843
Other Expenses$105,337
Total Fundraising Expense$47,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$106,259$6,729-$112,988
Current Officers, Directors, Trustees, and Key Employees$75,162-$32,212$107,374
Fees for Services Other$56,891$1,283$11,499$69,673
Payroll Taxes$15,619$561$2,617$18,797
Travel$15,731-$1,137$16,868
Office Expenses$6,318$3,200$398$9,916
Other Employee Benefits$7,197$487-$7,684
Fees for Services Accounting-$2,385-$2,385
Occupancy-$1,028-$1,028
Insurance$816$31$129$976
Other Expenses$4,231$260-$260
Total Functional Expenses$288,224$15,964$47,992$352,180
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
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, Part VI, Section A, Line 8B

There are no committees to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11B

When the 990 is complete, it is sent to sheila saremzadeh, ceo, for review. If any changes are required they are made at this time. Ms. Saremzadeh then forwards the 990 to the full board with her recommendation to approve. The board does an additional review and if there are no objections or changes, it is approved and filed.

Form 990, Part VI, Section B, Line 12C

The organization's officers and directors are required to annually disclose or update the board of directors interests that could give rise to possible conflicts of interest. For each interest disclosed to the board of directors, the board will determine whether to: (a) take no action; (b)assure full disclosure to the board of directors and other individuals covered by this policy; (c) ask the person to recuse from participation in related discussions or decisions within the organization; or (d) ask the person to resign from his or her position in the organization or, if the person refuses to resign, become subject to possible removal in accordance with the organization's removal procedures. The organization's chair and treasurer will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.

Form 990, Part VI, Section B, Line 15

The ceo's compensation was determined using two criteria 1) benchmarks against other education reform organizations 2) the ceo's prior compensation.

Form 990, Part VI, Section C, Line 19

The organization's governing documents, conflict of interest policy and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Arizou
EIN
81-5268868
Phone
2157404863
Address
315 WEST 36TH STREET, NEW YORK, NY 10018
Doing Business As
Project Basta

Signing Officer

Name
Sheila Sarem
Title
Chief Executive Officer
Phone
2157404863
Signed
2019-11-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sheila Saremzadeh
Formed
2017
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
3
Volunteers
3

Preparer

Firm
Blum Shapiro & Company Pc
Address
4 BATTERYMARCH PARK SUITE 100, QUINCY, MA 02169-7431
Preparer
Michelle Y Hatch
Phone
7819821001
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Consultants: program service expenses 48,773. Management and general expenses 1,150. Fundraising expenses 11,100. Total expenses 61,023. Other fees: program service expenses 8,118. Management and general expenses 133. Fundraising expenses 399. Total expenses 8,650.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO COMMITTEES TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1WHEN THE 990 IS COMPLETE, IT IS SENT TO SHEILA SAREMZADEH, CEO, FOR REVIEW. IF ANY CHANGES ARE REQUIRED THEY ARE MADE AT THIS TIME. MS. SAREMZADEH THEN FORWARDS THE 990 TO THE FULL BOARD WITH HER RECOMMENDATION TO APPROVE. THE BOARD DOES AN ADDITIONAL REVIEW AND IF THERE ARE NO OBJECTIONS OR CHANGES, IT IS APPROVED AND FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S OFFICERS AND DIRECTORS ARE REQUIRED TO ANNUALLY DISCLOSE OR UPDATE THE BOARD OF DIRECTORS INTERESTS THAT COULD GIVE RISE TO POSSIBLE CONFLICTS OF INTEREST. FOR EACH INTEREST DISCLOSED TO THE BOARD OF DIRECTORS, THE BOARD WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B)ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE ORGANIZATION; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE ORGANIZATION OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE ORGANIZATION'S REMOVAL PROCEDURES. THE ORGANIZATION'S CHAIR AND TREASURER WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE CEO'S COMPENSATION WAS DETERMINED USING TWO CRITERIA 1) BENCHMARKS AGAINST OTHER EDUCATION REFORM ORGANIZATIONS 2) THE CEO'S PRIOR COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTANTS: PROGRAM SERVICE EXPENSES 48,773. MANAGEMENT AND GENERAL EXPENSES 1,150. FUNDRAISING EXPENSES 11,100. TOTAL EXPENSES 61,023. OTHER FEES: PROGRAM SERVICE EXPENSES 8,118. MANAGEMENT AND GENERAL EXPENSES 133. FUNDRAISING EXPENSES 399. TOTAL EXPENSES 8,650.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART IX, LINE 11G
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IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt071976
IRS990/TotalAssetsEOYAmt0205412
IRS990/TotalAssetsGrp/BOYAmt071976
IRS990/TotalAssetsGrp/EOYAmt0205412
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0423384
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt047992
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015964
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0288224
IRS990/TotalFunctionalExpensesGrp/TotalAmt0352180
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt011700
IRS990/TotalLiabilitiesEOYAmt03834
IRS990/TotalLiabilitiesGrp/BOYAmt011700
IRS990/TotalLiabilitiesGrp/EOYAmt03834
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt060276
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0201578
IRS990/TotalOtherCompensationAmt04457
IRS990/TotalProgramServiceExpensesAmt0288224
IRS990/TotalProgramServiceRevenueAmt070098
IRS990/TotalReportableCompFromOrgAmt0102917
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt070098
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0493482
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt071976
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0205412
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt01137
IRS990/TravelGrp/ProgramServicesAmt015731
IRS990/TravelGrp/TotalAmt016868
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt060276
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0174928
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0315 WEST 36TH STREET
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010018
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WebsiteAddressTxt0WWW.PROJECTBASTA.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02020-03-31 21:24:44Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SHEILA SAREM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHIEF EXECUTIVE OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum02157404863
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ARIZOU
ReturnHeader/Filer/BusinessNameControlTxt0ARIZ
ReturnHeader/Filer/EIN0815268868
ReturnHeader/Filer/PhoneNum02157404863
ReturnHeader/Filer/USAddress/AddressLine1Txt0315 WEST 36TH STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId09F3B9057DC4C1AB93FF6CCB85D8B21EC61D194BB
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0B49528270D5C596423F272EFB472E66EFBF6AFC8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt064.251.63.131
ReturnHeader/FilingSecurityInformation/IPDt02019-11-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm011:39:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061009205
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BLUM SHAPIRO & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt04 BATTERYMARCH PARK SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0QUINCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0021697431
ReturnHeader/PreparerPersonGrp/PhoneNum07819821001
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHELLE Y HATCH
ReturnHeader/ReturnTs02019-11-15T10:09:22-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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