Civic Intelligence

Bkbnk Inc.

990EZ • Fiscal year 2020 • EIN 82-1420342

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 15, 2021

Organization Profile
896 Dekalb AvenueBrooklyn, NY 11221

(917) 309-4571

Siviq Scores

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

Liabilities / Assets

50th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Liabilities / Revenue

49th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Net Margin

42nd percentile

0.8%

Higher net margin than 42% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • NTEE P • <$500k nonprofits • Source year 2020

Asset Growth

44th percentile

1.3%

Faster asset growth than 44% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

74th percentile

22%

Faster revenue growth than 74% of similar nonprofits.

2020 filings • NTEE P • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets50th percentile

Assets

Up

$74,086

Up $935 (+1.3%) from 2019

Net Assets

Up

$74,086

Up $935 (+1.3%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin42nd percentile

Revenue

Up

$118,274

Up $21,302 (+22%) from 2019

Expenses

Up

$117,339

Up $73,863 (+170%) from 2019

Net Income

Down

$935

Down $52,561 (-98%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$200K$150K$100K$50K$0Assets 2017: $100,000Liabilities 2017: $0Net Assets 2017: $100,0002017Assets 2018: $19,655Liabilities 2018: $0Net Assets 2018: $19,6552018Assets 2019: $73,151Liabilities 2019: $0Net Assets 2019: $73,1512019Assets 2020: $74,086Liabilities 2020: $0Net Assets 2020: $74,0862020Assets 2021: $169,480Liabilities 2021: $0Net Assets 2021: $169,4802021Assets 2022: $188,339Liabilities 2022: $0Net Assets 2022: $188,3392022Assets 2023: $63,943Liabilities 2023: $7,697Net Assets 2023: $56,2462023Assets 2024: $34,308Liabilities 2024: $28,809Net Assets 2024: $5,4992024

Highlighted filing

2020

Assets$74,086
Liabilities$0
Net Assets$74,086
Open 2020 Filing

Operations Trend

Revenue Growth74th percentile

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

$600K$400K$200K$0-$200KRevenue 2017: $100,0002017Revenue 2018: $2,575Expenses 2018: $82,920Net Income 2018: -$80,3452018Revenue 2019: $96,972Expenses 2019: $43,476Net Income 2019: $53,4962019Revenue 2020: $118,274Expenses 2020: $117,339Net Income 2020: $9352020Revenue 2021: $448,790Expenses 2021: $352,538Net Income 2021: $96,2522021Revenue 2022: $239,356Expenses 2022: $220,497Net Income 2022: $18,8592022Revenue 2023: $49,431Expenses 2023: $181,524Net Income 2023: -$132,0932023Revenue 2024: $68,321Expenses 2024: $105,655Net Income 2024: -$37,3342024

Highlighted filing

2020

Revenue$118,274
Expenses$117,339
Net Income$935
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 15, 2021
Return Version
2020v4.1
Gross Receipts
$118,274
Mission and Program Overview

Mission

To promote financial literacy

Program Services

DescriptionGrantsExpenses
The organization distributed 600 Turkeys for Thanks Giving-$33,554
The organization provided meals for the homeless-$13,550
The company held a MLK Day financial awareness event, inviting bankers, accoutants, financial advisors and other business professionals who provided free advice to the public.-$8,500
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Jude BernardPresident-$0--
Filing and Contact Details

Filer

Filer Name
Bkbnk Inc
EIN
82-1420342
Address
896 Dekalb Avenue, Brooklyn, NY 11221

Signing Officer

Name
Jude Bernard
Title
President
Phone
9173094571
Signed
2021-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Ideal Tax Solutions LLC
Address
467 Dekalb Avenue, Brooklyn, NY 11205
Preparer
Mark Brown
Phone
9172252656
Supplemental Narrative

Additional Explanations

Description of other expenses Part I line 16

“Description AmountMartin Luther King Day Seminar 7,578Thanksgiving Turkey Giveaway 37,087Christmas Meals for the homeless 12,080”

Description of other assets Part II line 24

“Category Beginning of Year End of YearFurniture and other assets 21,331 21,331”

Raw XML Appendix140 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0Jude Bernard
IRS990EZ/BooksInCareOfDetail/PhoneNum09173094571
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0896 Dekalb Avenue
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Brooklyn
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011221
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt051820
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052755
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0118274
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0935
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt07672
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt073151
IRS990EZ/Form990TotalAssetsGrp/EOYAmt074086
IRS990EZ/GrossReceiptsAmt0118274
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt073151
IRS990EZ/NetAssetsOrFundBalancesEOYAmt074086
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt073151
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt074086
IRS990EZ/OccupancyRentUtltsAndMaintAmt052647
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Jude Bernard
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt021331
IRS990EZ/OtherAssetsTotalDetail/EOYAmt021331
IRS990EZ/OtherExpensesTotalAmt056745
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To promote financial literacy
IRS990EZ/PrintingPublicationsPostageAmt0275
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0The company held a MLK Day financial awareness event, inviting bankers, accoutants, financial advisors and other business professionals who provided free advice to the public.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1The organization distributed 600 Turkeys for Thanks Giving
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2The organization provided meals for the homeless
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt08500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt133554
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt213550
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0117339
IRS990EZ/TotalProgramServiceExpensesAmt055604
IRS990EZ/TotalRevenueAmt0118274
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0118274
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt096972
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt02575
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0317821
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct01.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0317821
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0118274
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt096972
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt02575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/Total509Grp/TotalAmt0317821
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0118274
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt096972
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt02575
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0100000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0317821
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description AmountMartin Luther King Day Seminar 7,578Thanksgiving Turkey Giveaway 37,087Christmas Meals for the homeless 12,080
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Category Beginning of Year End of YearFurniture and other assets 21,331 21,331
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other assets Part II line 24
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Jude Bernard
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum09173094571
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BKBNK INC
ReturnHeader/Filer/BusinessNameControlTxt0BKBN
ReturnHeader/Filer/EIN0821420342
ReturnHeader/Filer/USAddress/AddressLine1Txt0896 Dekalb Avenue
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011221
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0203031736
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Ideal Tax Solutions LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0467 Dekalb Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Brooklyn
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011205
ReturnHeader/PreparerPersonGrp/PhoneNum09172252656
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Mark Brown
ReturnHeader/ReturnTs02021-11-15T18:36:58-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Jude
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Bernard
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$74,086
Liabilities
$0
Net assets
$74,086
Revenue
$118,274
Expenses
$117,339
Net income
$935
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.34$0.29$0.05$0.68$1.06$0.37
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.64$0.08$0.56$0.49$1.82$1.32
2022Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$2.39$2.20$0.19
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.00$1.69$4.49$3.53$0.96
2020Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$1.18$1.17$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.73$0.00$0.73$0.97$0.43$0.53
2018Detailed filing. Detailed filing data is available for this year.$0.20$0.00$0.20$0.03$0.83$0.80
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.00$1.00$1.00