Civic Intelligence

Excelsior Business Development Corporation

990EZ • Fiscal year 2022 • EIN 82-2977051

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

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

99th percentile

8.52x

Higher debt load relative to assets than 99% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Liabilities / Revenue

99th percentile

21.44x

Higher debt load relative to revenue than 99% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Net Margin

1st percentile

-1618%

Higher net margin than 1% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Top Officer Pay

83rd percentile

$7,744

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 156.9% of source-year revenue.

2022 filings • NTEE S • <$500k nonprofits • Source year 2022

Asset Growth

3rd percentile

-78%

Faster asset growth than 3% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

4th percentile

-91%

Faster revenue growth than 4% of similar nonprofits.

2022 filings • NTEE S • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$12,421

Down $43,366 (-78%) from 2021

Net Assets

Down

-$93,412

Down $79,856 (-589%) from 2021

Liabilities

Up

$105,833

Up $36,490 (+53%) from 2021

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin1st percentile

Revenue

Down

$4,937

Down $50,119 (-91%) from 2021

Expenses

Up

$84,793

Up $28,170 (+50%) from 2021

Net Income

Down

-$79,856

Down $78,289 (-4996%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

2022

Assets$12,421
Liabilities$105,833
Net Assets-$93,412
Open 2022 Filing

Operations Trend

Revenue Growth4th percentile

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

2022

Revenue$4,937
Expenses$84,793
Net Income-$79,856
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$4,937
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-$24,242
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDGARD HERNANDEZPresidentPT$7,744-$7,744
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
2023-11-15
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 $457”

Other Expenses.1005

“Travel $215”

Other Expenses.1006

“Payments of Travel or Entertainment for Public Officials $75”

Other Expenses.1007

“Conferences, Conventions, and Meetings $215”

Other Expenses.1008

“Interest $188”

Other Expenses.1009

“Depreciation $3361”

Other Expenses.1012

“Insurance $649”

Other Expenses.1

“RENT $47600”

Other Expenses.2

“Repairs & maintenance $3250”

Other Expenses.3

“SOFTWARE $3033”

Other Expenses.4

“CONSULTING $2292”

Other Expenses.5

“TELEPHONE $1639”

Other Expenses.6

“PAYROLL PROCESSING $1265”

Other Expenses.7

“SUPPLIES $924”

Other Expenses.8

“BANK FEES $613”

Other Expenses.9

“REGISTRATION FEES $128”

Other Expenses.10

“CORP TAX $100”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $62043 Payable to Officers, Directors, Etc. - Ending $98533”

Total Liabilities.1

“LOANS - Beginning $7300 LOANS - Ending $7300”

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/PersonNm0EDGARD HERNANDEZ
IRS990EZ/BooksInCareOfDetail/PhoneNum06469048745
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0340 SOUTH 3RD STREET SUITE C5
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BROOKLYN
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011211
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt040664
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0659
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-79856
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt055787
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012421
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt04937
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt06
IRS990EZ/LandAndBuildingsGrp/BOYAmt015123
IRS990EZ/LandAndBuildingsGrp/EOYAmt011762
IRS990EZ/LoansToFromOfficersAmt0103411
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MembershipDuesAmt04931
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-13556
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-93412
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-13556
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-93412
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt07744
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/OtherExpensesTotalAmt066004
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/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RECOVERY TA PROGRAM
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt024242
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt018789
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt069343
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0105833
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt084793
IRS990EZ/TotalProgramServiceExpensesAmt024242
IRS990EZ/TotalRevenueAmt04937
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.atlascollective.org/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt054931
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt054931
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt054931
IRS990ScheduleA/TotalSupportAmt054931
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt098533
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/TotalBalanceDueAmt098533
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $457
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $215
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Payments of Travel or Entertainment for Public Officials $75
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Conferences, Conventions, and Meetings $215
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Interest $188
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Depreciation $3361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Insurance $649
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7RENT $47600
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8REPAIRS & MAINTENANCE $3250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SOFTWARE $3033
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10CONSULTING $2292
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TELEPHONE $1639
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PAYROLL PROCESSING $1265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13SUPPLIES $924
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14BANK FEES $613
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15REGISTRATION FEES $128
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16CORP TAX $100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt17Payable to Officers, Directors, Etc. - Beginning $62043 Payable to Officers, Directors, Etc. - Ending $98533
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt18LOANS - Beginning $7300 LOANS - Ending $7300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc17Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc18Total Liabilities.1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd0FAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDGARD HERNANDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
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/IRSResponsiblePrtyInfoCurrInd0true
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/ReturnTs02023-11-15T09:49:20-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0EDGARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0HERNANDEZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,421
Liabilities
$105,833
Net assets
-$93,412
Revenue
$4,937
Expenses
$84,793
Net income
-$79,856
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