Civic Intelligence

Excelsior Business Development Corporation

990EZ • Fiscal year 2023 • EIN 82-2977051

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

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

9.42x

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

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

Liabilities / Revenue

98th percentile

3.37x

Higher debt load relative to revenue than 98% of similar nonprofits.

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

Net Margin

15th percentile

-27%

Higher net margin than 15% of similar nonprofits.

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

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

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

Asset Growth

43rd percentile

-1.9%

Faster asset growth than 43% of similar nonprofits.

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

Revenue Growth

97th percentile

590%

Faster revenue growth than 97% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$12,179

Down $242 (-1.9%) from 2022

Net Assets

Down

-$102,605

Down $9,193 (-9.8%) from 2022

Liabilities

Up

$114,784

Up $8,951 (+8.5%) from 2022

Revenue And Expenses
Liabilities / Revenue98th percentileNet Margin15th percentile

Revenue

Up

$34,079

Up $29,142 (+590%) from 2022

Expenses

Down

$43,272

Down $41,521 (-49%) from 2022

Net Income

Up

-$9,193

Up $70,663 (+88%) from 2022

Historical Trend

Balance Sheet Trend

Asset Growth43rd 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

2023

Assets$12,179
Liabilities$114,784
Net Assets-$102,605
Open 2023 Filing

Operations Trend

Revenue Growth97th 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

2023

Revenue$34,079
Expenses$43,272
Net Income-$9,193
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$34,079
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-$20,464
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDGARD HERNANDEZPresidentPT$0--
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
2024-11-15
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 $613”

Other Expenses.1005

“Travel $1075”

Other Expenses.1007

“Conferences, Conventions, and Meetings $15000”

Other Expenses.1008

“Interest $96”

Other Expenses.1009

“Depreciation $3361”

Other Expenses.1012

“Insurance $922”

Other Expenses.1

“RENT $9000”

Other Expenses.2

“STORAGE RENTAL $4105”

Other Expenses.3

“SOFTWARE $4070”

Other Expenses.4

“SUPPLIES $2380”

Other Expenses.5

“PRINTING & COPYING $1665”

Other Expenses.6

“TELEPHONE $666”

Other Expenses.7

“BANK FEES $255”

Other Expenses.8

“Repairs & maintenance $61”

Other Expenses.9

“POSTAGE $3”

Total Liabilities.1006

“Payable to Officers, Directors, Etc. - Beginning $98533 Payable to Officers, Directors, Etc. - Ending $107484”

Total Liabilities.1

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

Raw XML Appendix175 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/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/BOYAmt0659
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03778
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9193
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt012421
IRS990EZ/Form990TotalAssetsGrp/EOYAmt012179
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt034079
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt064
IRS990EZ/LandAndBuildingsGrp/BOYAmt011762
IRS990EZ/LandAndBuildingsGrp/EOYAmt08401
IRS990EZ/LoansToFromOfficersAmt0107484
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0true
IRS990EZ/MembershipDuesAmt034015
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-93412
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-102605
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-93412
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-102605
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt12.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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/OtherExpensesTotalAmt043272
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/ProgramServiceExpensesAmt020464
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0105833
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0114784
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt043272
IRS990EZ/TotalProgramServiceExpensesAmt020464
IRS990EZ/TotalRevenueAmt034079
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0https://www.atlascollective.org/
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt034015
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04931
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt088946
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt064
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt070
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt088946
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt034015
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04931
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt050000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt088946
IRS990ScheduleA/TotalSupportAmt089016
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0107484
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/TotalBalanceDueAmt0107484
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $613
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $1075
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $15000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Interest $96
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Depreciation $3361
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Insurance $922
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6RENT $9000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7STORAGE RENTAL $4105
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8SOFTWARE $4070
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9SUPPLIES $2380
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10PRINTING & COPYING $1665
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11TELEPHONE $666
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BANK FEES $255
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13REPAIRS & MAINTENANCE $61
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14POSTAGE $3
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15Payable to Officers, Directors, Etc. - Beginning $98533 Payable to Officers, Directors, Etc. - Ending $107484
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16LOANS - Beginning $7300 LOANS - Ending $7300
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1008
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.1009
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15Total Liabilities.1006
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16Total Liabilities.1
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0EDGARD HERNANDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
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/ReturnTs02024-11-15T15:05:35-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$12,179
Liabilities
$114,784
Net assets
-$102,605
Revenue
$34,079
Expenses
$43,272
Net income
-$9,193
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