Civic Intelligence

Excelsior Business Development Corporation

990EZ • Fiscal year 2021 • EIN 82-2977051

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

Organization Profilewww.atlascollective.org
340 South 3rd Street C5Brooklyn, NY 11211

(646) 904-8745

Siviq Scores

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

Liabilities / Assets

95th percentile

1.24x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Liabilities / Revenue

94th percentile

1.26x

Higher debt load relative to revenue than 94% of similar nonprofits.

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Net Margin

31st percentile

-2.8%

Higher net margin than 31% of similar nonprofits.

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$4,224

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 7.7% of source-year revenue.

2021 filings • NTEE S • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets95th percentile

Assets

$55,787

No earlier filing loaded for comparison.

Net Assets

-$13,556

No earlier filing loaded for comparison.

Liabilities

$69,343

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin31st percentile

Revenue

$55,056

No earlier filing loaded for comparison.

Expenses

$56,623

No earlier filing loaded for comparison.

Net Income

-$1,567

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$200K$100K$0-$100K-$200KAssets 2021: $55,787Liabilities 2021: $69,343Net Assets 2021: -$13,5562021Assets 2022: $12,421Liabilities 2022: $105,833Net Assets 2022: -$93,4122022Assets 2023: $12,179Liabilities 2023: $114,784Net Assets 2023: -$102,6052023Assets 2024: $5,851Liabilities 2024: $122,540Net Assets 2024: -$116,6892024

Highlighted filing

2021

Assets$55,787
Liabilities$69,343
Net Assets-$13,556
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$100K$50K$0-$50K-$100KRevenue 2021: $55,056Expenses 2021: $56,623Net Income 2021: -$1,5672021Revenue 2022: $4,937Expenses 2022: $84,793Net Income 2022: -$79,8562022Revenue 2023: $34,079Expenses 2023: $43,272Net Income 2023: -$9,1932023Revenue 2024: $9,653Expenses 2024: $23,737Net Income 2024: -$14,0842024

Highlighted filing

2021

Revenue$55,056
Expenses$56,623
Net Income-$1,567
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.1
Gross Receipts
$55,056
Mission and Program Overview

Mission

Focused on taking on the responsibility of developing, training, financing access, advocacy, and provide technical assistance to the underserved - minorities, women, veterans, emerging businesses to become successful and leaders in their industry. By providing mentor support services, businesses can then strive in the public and private marketplace.

Program Services

DescriptionGrantsExpenses
RECOVERY TA PROGRAM$50,000$20,591
CYBERSECURITY PROGRAM-$1,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDGARD HERNANDEZPresidentPT$4,224-$4,224
EUGENIA HERNANDEZDir, Sc'Y, Trea-$0--
THOMAS FARRELLDir, Ass'T Secr-$0--
Filing and Contact Details

Filer

Filer Name
Excelsior Business Development
EIN
82-2977051
Phone
6469048745
Address
340 SOUTH 3RD STREET C5, BROOKLYN, NY 11211

Signing Officer

Name
Edgard Hernandez
Title
President
Signed
2022-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Anthony J Cassar CPA Pc
Address
111 WEST SUNRISE HWY, Freeport, NY 11520
Preparer
Anthony J Cassar
Phone
5167717900
Supplemental Narrative

Additional Explanations

Other Expenses.1002

“Office Expenses $538”

Other Expenses.1005

“Travel $765”

Other Expenses.1009

“Depreciation $1680”

Other Expenses.1012

“Insurance $1426”

Other Expenses.1

“RENT $25100”

Other Expenses.2

“CONSULTING $8021”

Other Expenses.3

“SUPPLIES $2917”

Other Expenses.4

“SOFTWARE $2580”

Other Expenses.5

“TELEPHONE $1564”

Other Expenses.6

“REGISTRATION FEES $1000”

Other Expenses.7

“PAYROLL PROCESSING $823”

Other Expenses.8

“Repairs & maintenance $600”

Other Expenses.9

“BANK FEES $157”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $14482 Payable to Officers, Directors, Etc. - Ending $62043”

Total Liabilities.1

“LOANS - Beginning $0 LOANS - Ending $0”

Raw XML Appendix182 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
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IRS990EZ/BooksInCareOfDetail/PhoneNum06469048745
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011211
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt02493
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IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
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IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1567
IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LoansToFromOfficersAmt062043
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-11989
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-13556
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-11989
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-13556
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EDGARD HERNANDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1EUGENIA HERNANDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS FARRELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIR, SC'Y, TREA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIR, ASS'T SECR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt047171
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FOCUSED ON TAKING ON THE RESPONSIBILITY OF DEVELOPING, TRAINING, FINANCING ACCESS, ADVOCACY, AND PROVIDE TECHNICAL ASSISTANCE TO THE UNDERSERVED - MINORITIES, WOMEN, VETERANS, EMERGING BUSINESSES TO BECOME SUCCESSFUL AND LEADERS IN THEIR INDUSTRY. BY PROVIDING MENTOR SUPPORT SERVICES, BUSINESSES CAN THEN STRIVE IN THE PUBLIC AND PRIVATE MARKETPLACE.
IRS990EZ/PrintingPublicationsPostageAmt02
IRS990EZ/ProgramServiceRevenueAmt05055
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0CYBERSECURITY PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1RECOVERY TA PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt01000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt120591
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt09450
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt014482
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt069343
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt056623
IRS990EZ/TotalProgramServiceExpensesAmt021591
IRS990EZ/TotalRevenueAmt055056
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.atlascollective.org/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt050000
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt050000
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt050000
IRS990ScheduleA/TotalSupportAmt050000
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt062043
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0START UP
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt062043
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0EDGARD HERNANDEZ
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0PRESIDENT
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0false
IRS990ScheduleL/TotalBalanceDueAmt062043
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $538
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $765
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Depreciation $1680
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Insurance $1426
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4RENT $25100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5CONSULTING $8021
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6SUPPLIES $2917
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SOFTWARE $2580
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TELEPHONE $1564
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9REGISTRATION FEES $1000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PAYROLL PROCESSING $823
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11REPAIRS & MAINTENANCE $600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BANK FEES $157
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Payable to Officers, Directors, Etc. - Beginning $14482 Payable to Officers, Directors, Etc. - Ending $62043
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14LOANS - Beginning $0 LOANS - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDGARD HERNANDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EXCELSIOR BUSINESS DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0EXCE
ReturnHeader/Filer/EIN0822977051
ReturnHeader/Filer/PhoneNum06469048745
ReturnHeader/Filer/USAddress/AddressLine1Txt0340 SOUTH 3RD STREET C5
ReturnHeader/Filer/USAddress/CityNm0BROOKLYN
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011211
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201980583
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ANTHONY J CASSAR CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0111 WEST SUNRISE HWY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Freeport
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011520
ReturnHeader/PreparerPersonGrp/PhoneNum05167717900
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Anthony J Cassar
ReturnHeader/ReturnTs02022-11-15T15:16:51-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EDGARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HERNANDEZ
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$55,787
Liabilities
$69,343
Net assets
-$13,556
Revenue
$55,056
Expenses
$56,623
Net income
-$1,567
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.06$1.23$1.17$0.10$0.24$0.14
2023Detailed filing. Detailed filing data is available for this year.$0.12$1.15$1.03$0.34$0.43$0.09
2022Detailed filing. Detailed filing data is available for this year.$0.12$1.06$0.93$0.05$0.85$0.80
2021Detailed filing. Detailed filing data is available for this year.$0.56$0.69$0.14$0.55$0.57$0.02