Liabilities / Assets
48th percentile
Tied with the lowest-debt nonprofits in its peer group.
Sye Initiative Inc.
990EZ • Fiscal year 2021 • EIN 83-2030921
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.00x
Liabilities / Revenue
48th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
5th percentile
Higher net margin than 5% of similar nonprofits.
Top Officer Pay
74th percentile
Higher top officer pay than 74% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
12th percentile
Faster asset growth than 12% of similar nonprofits.
Revenue Growth
7th percentile
Faster revenue growth than 7% of similar nonprofits.
Balance Sheet
Assets
Down$114,023
Down $72,356 (-39%) from 2020
Net Assets
$114,023
No earlier filing loaded for comparison.
Liabilities
Flat$0
Flat from 2020
Revenue And Expenses
Revenue
Down$18,667
Down $151,526 (-89%) from 2020
Expenses
Down$91,024
Down $2,892 (-3.1%) from 2020
Net Income
Down-$72,357
Down $148,634 (-195%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Nov 11, 2022
- Return Version
- 2021v4.1
- Gross Receipts
- $18,667
Mission and Program Overview
Mission
Educational Support for High School Students
Sye initiative, inc. Aims to support academic and professional development of persons whose education has been impacted or interrupted due to political/social instability through programs in the fields of educaotin, career development and global community engagement.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SYE INITIATIVE'S MAIN PROGRAM PROVIDES MENTORSHIP FOR A CLASS OF 110 HIGH-SCHOOL STUDENTS FROM SYRIA AND IRAQ WITH THE HELP OF 70+ VOLUNTEERS, AND PAYS FOR COLLEGE MANDATORY EXAMINATIONS SUCH AS THE SAT AND TOEFL AND COLLEGE APPLICATION FEES FOR COLLEGE ADMISSIONS CYCLE OF 2021-2022. | - | $91,023 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| MAJED ABDULSAMAD | Treasurer | PT | $0 | - | - |
| GEORGE BATAH | Executive Director | PT | $0 | - | - |
| ABDULRAHMAN ARNAOUT | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Sye Initiative Inc
- EIN
- 83-2030921
- Phone
- 3128021676
- Address
- 5 TUDOR CITY PL 1405, NEW YORK, NY 10017
Signing Officer
- Name
- Majed Abdulsamad
- Title
- Treasurer
- Signed
- 2022-11-11
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Bencivenga Ward & Co CPAs PC
- Address
- 420 Columbus Ave Ste 304, Valhalla, NY 10595
- Preparer
- Gerard O'Donoghue CPA
- Phone
- 9147695005
Supplemental Narrative
Additional Explanations
Other Expenses.1
“FEES $3470”
PART I - 16 OTHER EXPENSES: $3,470
“These expenses include accounting and legal consulting fees, as well as fees for building and maintaining a website (www.sye-initiative.org) which served as a platform to connect with students, coordinate mentors and volunteers, and share content and other information about the organization. These expenses also included a coworking space for a limited period of time shared by board members and occassionally used by contractors, and the transaction fees for expenses made internationally in universities outside the us.”
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/ActivitiesNotPreviouslyRptInd | 0 | false |
| IRS990EZ/BenefitsPaidToOrForMembersAmt | 0 | 24480 |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | MAJED ABDULSAMAD |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 3128021676 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 5 TUDOR CITY PL APT 1405 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10017 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 186380 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 114023 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 18667 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -72357 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 62980 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 186380 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 114023 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 18667 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 186380 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 114023 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 186380 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 114023 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 10.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | MAJED ABDULSAMAD |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | GEORGE BATAH |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ABDULRAHMAN ARNAOUT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Executive Dir. |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3470 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SYE INITIATIVE, INC. AIMS TO SUPPORT ACADEMIC AND PROFESSIONAL DEVELOPMENT OF PERSONS WHOSE EDUCATION HAS BEEN IMPACTED OR INTERRUPTED DUE TO POLITICAL/SOCIAL INSTABILITY THROUGH PROGRAMS IN THE FIELDS OF EDUCAOTIN, CAREER DEVELOPMENT AND GLOBAL COMMUNITY ENGAGEMENT. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 94 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SYE INITIATIVE'S MAIN PROGRAM PROVIDES MENTORSHIP FOR A CLASS OF 110 HIGH-SCHOOL STUDENTS FROM SYRIA AND IRAQ WITH THE HELP OF 70+ VOLUNTEERS, AND PAYS FOR COLLEGE MANDATORY EXAMINATIONS SUCH AS THE SAT AND TOEFL AND COLLEGE APPLICATION FEES FOR COLLEGE ADMISSIONS CYCLE OF 2021-2022. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 91023 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 91024 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 91023 |
| IRS990EZ/TotalRevenueAmt | 0 | 18667 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.SYE-INITIATIVE.ORG |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 18667 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 170193 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 116147 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 305007 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 82207 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 222800 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 18667 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 170193 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 116147 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 305007 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 305007 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | FEES $3470 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THESE EXPENSES INCLUDE ACCOUNTING AND LEGAL CONSULTING FEES, AS WELL AS FEES FOR BUILDING AND MAINTAINING A WEBSITE (WWW.SYE-INITIATIVE.ORG) WHICH SERVED AS A PLATFORM TO CONNECT WITH STUDENTS, COORDINATE MENTORS AND VOLUNTEERS, AND SHARE CONTENT AND OTHER INFORMATION ABOUT THE ORGANIZATION. THESE EXPENSES ALSO INCLUDED A COWORKING SPACE FOR A LIMITED PERIOD OF TIME SHARED BY BOARD MEMBERS AND OCCASSIONALLY USED BY CONTRACTORS, AND THE TRANSACTION FEES FOR EXPENSES MADE INTERNATIONALLY IN UNIVERSITIES OUTSIDE THE US. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | PART I - 16 OTHER EXPENSES: $3,470 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/FederatedAssuranceLevelCd | 0 | FAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 3 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MAJED ABDULSAMAD |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-11-11 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SYE INITIATIVE INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SYEI |
| ReturnHeader/Filer/EIN | 0 | 832030921 |
| ReturnHeader/Filer/PhoneNum | 0 | 3128021676 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 5 TUDOR CITY PL 1405 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10017 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 133274930 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Bencivenga Ward & Co CPAs PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 420 Columbus Ave Ste 304 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Valhalla |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10595 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 9147695005 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Gerard O'Donoghue CPA |
| ReturnHeader/ReturnTs | 0 | 2022-11-11T10:38:53-08:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | MAJED |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | ABDULSAMAD |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
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.
- Assets
- $114,023
- Liabilities
- $0
- Net assets
- $114,023
- Revenue
- $18,667
- Expenses
- $91,024
- Net income
- -$72,357