Civic Intelligence

Grad Bag Inc.

990EZ • Fiscal year 2022 • EIN 84-2502503

Sep 01, 2021 to Aug 31, 2022 • Filed on Nov 30, 2022

PO Box 605Scarsdale, NY 10583

(914) 260-0759

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

88th percentile

72%

Higher net margin than 88% of similar nonprofits.

2022 filings • NTEE B01 • <$500k nonprofits • Source year 2022

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

2022 filings • NTEE B01 • <$500k nonprofits • Source year 2022

Asset Growth

95th percentile

158%

Faster asset growth than 95% of similar nonprofits.

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

Revenue Growth

88th percentile

271%

Faster revenue growth than 88% of similar nonprofits.

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

Assets

Up

$208,224

Up $127,482 (+158%) from 2021

Net Assets

Up

$208,224

Up $127,482 (+158%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$177,960

Up $130,033 (+271%) from 2021

Expenses

Up

$50,479

Up $23,076 (+84%) from 2021

Net Income

Up

$127,481

Up $106,957 (+521%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2019: $35,815Liabilities 2019: $0Net Assets 2019: $35,8152019Assets 2020: $60,217Liabilities 2020: $02020Assets 2021: $80,742Net Assets 2021: $80,7422021Assets 2022: $208,224Net Assets 2022: $208,2242022Assets 2023: $292,358Liabilities 2023: $0Net Assets 2023: $292,3582023Assets 2024: $317,710Liabilities 2024: $0Net Assets 2024: $317,7102024

Highlighted filing

2022

Assets$208,224
Liabilities-
Net Assets$208,224

Operations Trend

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

$300K$200K$100K$0Revenue 2019: $0Expenses 2019: $0Net Income 2019: $02019Revenue 2020: $10,213Expenses 2020: $2,670Net Income 2020: $7,5432020Revenue 2021: $47,927Expenses 2021: $27,403Net Income 2021: $20,5242021Revenue 2022: $177,960Expenses 2022: $50,479Net Income 2022: $127,4812022Revenue 2023: $182,205Expenses 2023: $98,071Net Income 2023: $84,1342023Revenue 2024: $205,618Expenses 2024: $180,266Net Income 2024: $25,3522024

Highlighted filing

2022

Revenue$177,960
Expenses$50,479
Net Income$127,481
Jump To
Filing Snapshot
Filing Period
Sep 1, 2021 to Aug 31, 2022
Signed
Nov 30, 2022
Return Version
2021v4.0
Gross Receipts
$177,960
Mission and Program Overview

Mission

Grad bag inc's mission is to support underserved college-bound students and advance sustainability. Grad bag inc. Provides a more equitable transition to college by collecting, refreshing and repackaging lightly used college dorm room essentials for redistribution to incoming college students in need.

Program Services

DescriptionGrantsExpenses
TO COLLECT GENTLY USED COLLEGE DORM ROOM BEDDING AND THE LIKE FROM GRADUATING STUDENTS, CLEAN AND REPACKAGE THESE ITEMS, AND REDISTRIBUTE THEM TO INCOMING COLLEGE STUDENTS FROM LOW-INCOME HOUSEHOLDS.-$50,479
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ELIZABETH GRUBERCo-PresidentPT$0--
TARA SMITH TYBERGCo-PresidentPT$0--
BETH EHRICHSecretary-$0--
LESLYE KATZTreasurer-$0--
WENDY NADELDirectorPT$0--
MICHAEL DUNCANSONDirector-$0--
RACHEL WEINSTEINDirectorPT$0--
NANCY BROWNDirectorPT$0--
JENNIFER GAYLESDirector-$0--
REBECCA VOGELDirector-$0--
Filing and Contact Details

Filer

Filer Name
Grad Bag Inc
EIN
84-2502503
Phone
9142600759
Address
PO BOX 605, SCARSDALE, NY 10583

Signing Officer

Name
Elizabeth Gruber
Title
Co-president
Phone
9142600759
Signed
2022-11-30

Preparer

Firm
Hoffman & Bentovim Cpas Pc
Address
6500 JERICHO TURNPIKE STE 206, COMMACK, NY 11725-2907
Preparer
Adam C Hoffman
Phone
6314991500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses postage and express charges 244 office expense 1,683 repairs and maintenance 365 insurance 2,591 bank service charges 1,065 filing fees 145 storage fee 4,205 program supplies 4,026 payroll service fees 230 equipment rental 1,990 total 16,544

Form 990-ez, Part III

Grad bag inc's mission is to support underserved college-bound students and advance sustainability. Grad bag inc. Provides a more equitable transition to college by collecting, refreshing and repackaging lightly used college dorm room essentials for redistribution to incoming college students in need.

Raw XML Appendix150 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/PersonNm0TREASURER
IRS990EZ/BooksInCareOfDetail/PhoneNum09142600759
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO BOX 605
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0SCARSDALE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010583
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt080743
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0208224
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0177960
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0127481
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt08884
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt080743
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0208224
IRS990EZ/GrossReceiptsAmt0177960
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt080743
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0208224
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt080743
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0208224
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt013.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt23.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt33.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt46.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt68.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt79.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt81.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt91.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ELIZABETH GRUBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TARA SMITH TYBERG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2BETH EHRICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3LESLYE KATZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4WENDY NADEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHAEL DUNCANSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6RACHEL WEINSTEIN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7NANCY BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8JENNIFER GAYLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9REBECCA VOGEL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt016544
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0GRAD BAG INC'S MISSION IS TO SUPPORT UNDERSERVED COLLEGE-BOUND STUDENTS AND ADVANCE SUSTAINABILITY. GRAD BAG INC. PROVIDES A MORE EQUITABLE TRANSITION TO COLLEGE BY COLLECTING, REFRESHING AND REPACKAGING LIGHTLY USED COLLEGE DORM ROOM ESSENTIALS FOR REDISTRIBUTION TO INCOMING COLLEGE STUDENTS IN NEED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO COLLECT GENTLY USED COLLEGE DORM ROOM BEDDING AND THE LIKE FROM GRADUATING STUDENTS, CLEAN AND REPACKAGE THESE ITEMS, AND REDISTRIBUTE THEM TO INCOMING COLLEGE STUDENTS FROM LOW-INCOME HOUSEHOLDS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050479
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt025051
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/StatesWhereCopyOfReturnIsFldCd1MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt050479
IRS990EZ/TotalProgramServiceExpensesAmt050479
IRS990EZ/TotalRevenueAmt0177960
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GRADBAG.ORG
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0177960
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt047927
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt017108
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0242995
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0242995
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0177960
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt047927
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt017108
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0242995
IRS990ScheduleA/TotalSupportAmt0242995
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES POSTAGE AND EXPRESS CHARGES 244 OFFICE EXPENSE 1,683 REPAIRS AND MAINTENANCE 365 INSURANCE 2,591 BANK SERVICE CHARGES 1,065 FILING FEES 145 STORAGE FEE 4,205 PROGRAM SUPPLIES 4,026 PAYROLL SERVICE FEES 230 EQUIPMENT RENTAL 1,990 TOTAL 16,544
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GRAD BAG INC'S MISSION IS TO SUPPORT UNDERSERVED COLLEGE-BOUND STUDENTS AND ADVANCE SUSTAINABILITY. GRAD BAG INC. PROVIDES A MORE EQUITABLE TRANSITION TO COLLEGE BY COLLECTING, REFRESHING AND REPACKAGING LIGHTLY USED COLLEGE DORM ROOM ESSENTIALS FOR REDISTRIBUTION TO INCOMING COLLEGE STUDENTS IN NEED.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0ELIZABETH GRUBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09142600759
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-30
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GRAD BAG INC
ReturnHeader/Filer/BusinessNameControlTxt0GRAD
ReturnHeader/Filer/EIN0842502503
ReturnHeader/Filer/PhoneNum09142600759
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 605
ReturnHeader/Filer/USAddress/CityNm0SCARSDALE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010583
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113123454
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0HOFFMAN & BENTOVIM CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt06500 JERICHO TURNPIKE STE 206
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COMMACK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0117252907
ReturnHeader/PreparerPersonGrp/PhoneNum06314991500
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-30
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ADAM C HOFFMAN
ReturnHeader/ReturnTs02022-11-30T11:51:43-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0ELIZABETH
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRUBER
ReturnHeader/TaxPeriodBeginDt02021-09-01
ReturnHeader/TaxPeriodEndDt02022-08-31
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings