Civic Intelligence

Gsm Foundation Inc

EIN 83-2356293 • Brooklyn, NY

2361 Nostrand Ave 802Brooklyn, NY 11210
Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2023

Liabilities / Revenue

87th percentile

0.00x

Higher debt load relative to revenue than 87% of similar nonprofits.

NTEE T22 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-261%

Higher net margin than 14% of similar nonprofits.

NTEE T22 • <$500k nonprofits • Source year 2023

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

NTEE T22 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Revenue Growth

100th percentile

3999900%

Faster revenue growth than 100% of similar nonprofits.

NTEE T22 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

-$18,435

Down $104,200 (-121%) from 2022

Liabilities

Flat

$1

Flat from 2022

Net Assets

Down

-$18,435

Down $104,200 (-121%) from 2022

Operations
Liabilities / Revenue87th percentileNet Margin14th percentile

Revenue

Up

$40,000

Up $39,999 (+3999900%) from 2022

Expenses

Down

$144,200

Down $96,300 (-40%) from 2022

Net Income

Up

-$104,200

Up $136,299 (+57%) from 2022

Trend Graphs

Balance Sheet Trend

Asset GrowthScore unavailable

Grouped bars show assets, liabilities, and net assets across loaded filings.

$400K$300K$200K$100K$0-$100KAssets 2019: $222,870Liabilities 2019: $1Net Assets 2019: $222,8702019Assets 2020: $105,840Liabilities 2020: $1Net Assets 2020: $105,8402020Assets 2021: $326,265Liabilities 2021: $1Net Assets 2021: $326,2652021Assets 2022: $85,765Liabilities 2022: $1Net Assets 2022: $85,7652022Assets 2023: -$18,435Liabilities 2023: $1Net Assets 2023: -$18,4352023

Highlighted filing

2023

Assets-$18,435
Liabilities$1
Net Assets-$18,435
Open 2023 Filing

Operations Trend

Revenue Growth100th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2019: $507,260Expenses 2019: $284,390Net Income 2019: $222,8702019Revenue 2020: $223,250Expenses 2020: $340,280Net Income 2020: -$117,0302020Revenue 2021: $574,425Expenses 2021: $354,000Net Income 2021: $220,4252021Revenue 2022: $1Expenses 2022: $240,500Net Income 2022: -$240,4992022Revenue 2023: $40,000Expenses 2023: $144,200Net Income 2023: -$104,2002023

Highlighted filing

2023

Revenue$40,000
Expenses$144,200
Net Income-$104,200
Open 2023 Filing

Filings

Most recent year

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

Open filing
Assets
-$18,435
Liabilities
$1
Net assets
-$18,435
Revenue
$40,000
Expenses
$144,200
Net income
-$104,200
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$0.40$1.44$1.04
2022Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.86$0.00$2.41$2.40
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$5.74$3.54$2.20
2020Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$2.23$3.40$1.17
2019Detailed filing. Detailed filing data is available for this year.$2.23$0.00$2.23$5.07$2.84$2.23
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARC HERSKOWITZDirector-$0--
Grants and Assistance

Foundation Grants and Related Investments

TypeRecipientPurposeStatusLocationAmount
Paid Grant-EDUCATIONAL ASSISTANCEASSISTANCE FOR THE SICK AND NEEDYSYNAGOGUE OPERATING EXPENSES-VARIOUS, NY, US$144,200
Filing and Contact Details

Filer

Filer Name
Gsm Foundation Inc
EIN
83-2356293
Address
2361 NOSTRAND AVE 802, BROOKLYN, NY 11210

Signing Officer

Name
Marc Herskowitz
Title
Director
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Saul N Friedman & Company
Address
1333 60th Street, Brooklyn, NY 11219
Preparer
Simeon Friedman CPA
Phone
7182321111
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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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