Civic Intelligence

Hermovenext Foundation Inc.

990EZ • Fiscal year 2020 • EIN 84-2633245

Jan 01, 2020 to Dec 31, 2020 • Filed on Dec 21, 2021

Organization Profile
231 East 31st Street - Rm 1ANew York, NY 10016

(917) 945-5236

Siviq Scores

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

Liabilities / Assets

98th percentile

5.26x

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

2020 filings • NTEE Z99 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

2020 filings • NTEE Z99 • <$500k nonprofits • Source year 2020

Asset Growth

18th percentile

-24%

Faster asset growth than 18% of similar nonprofits.

2020 filings • NTEE Z99 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$76

Down $24 (-24%) from 2019

Net Assets

Down

-$324

Down $124 (-62%) from 2019

Liabilities

Up

$400

Up $100 (+33%) from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Down

$124

Down $76 (-38%) from 2019

Net Income

-

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$15K$10K$5.0K$0-$5.0KAssets 2019: $100Liabilities 2019: $300Net Assets 2019: -$2002019Assets 2020: $76Liabilities 2020: $400Net Assets 2020: -$3242020Assets 2021: $3,264Liabilities 2021: $400Net Assets 2021: $2,8642021Assets 2022: $10,438Liabilities 2022: $400Net Assets 2022: $10,0382022Assets 2023: $11,434Liabilities 2023: $400Net Assets 2023: $11,0342023Assets 2024: $7,330Liabilities 2024: $400Net Assets 2024: $6,9302024

Highlighted filing

2020

Assets$76
Liabilities$400
Net Assets-$324
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$15K$10K$5.0K$0-$5.0KRevenue 2019: $0Expenses 2019: $200Net Income 2019: -$2002019Expenses 2020: $1242020Revenue 2021: $6,550Expenses 2021: $3,362Net Income 2021: $3,1882021Revenue 2022: $14,273Expenses 2022: $7,099Net Income 2022: $7,1742022Revenue 2023: $9,282Expenses 2023: $8,286Net Income 2023: $9962023Revenue 2024: $3,990Expenses 2024: $8,094Net Income 2024: -$4,1042024

Highlighted filing

2020

Revenue-
Expenses$124
Net Income-
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Dec 21, 2021
Return Version
2020v4.1
Gross Receipts
$0
Mission and Program Overview

Mission

SEE STATEMENT ATTACHED

Program Services

DescriptionGrantsExpenses
TO ENCOURAGE GIRLS TO PLAY COMPETITIVE U.S. RATED CHESS & TO MENTOR OLDER GIRLS TO BE ABLE TO MENTOR YOUNGER GIRLS TO PLAY.--
Compensation and Service Providers
Top Officer Pay84th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BENJAMIN MORDENDirectorPT$0--
RUSSELL MAKOFSKYDirectorPT$0--
NEELA SALDANHADirectorPT$0--
MELISSA COHENDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Hermovenext Foundation Inc
EIN
84-2633245
Address
231 EAST 31ST STREET - RM 1A, NEW YORK, NY 10016

Signing Officer

Name
Benjamin Morden
Title
Director
Phone
9179455236
Signed
2021-12-21
Discuss with paid preparer
Yes

Preparer

Firm
Kenneth Cookler CPA Pc
Address
36304 WINTERBERRY DRIVE, PLAINVIEW, NY 11803
Preparer
Ken Cookler CPA
Phone
5165817625
Supplemental Narrative

Additional Explanations

General explanation attachment

“To encourage girls to play competitive u.s. Rated chess & to mentor older girls to be able to mentor younger girls to play.”

Description of other expenses Part I line 16

“Description amountbank charges 124”

Description of total liabilities Part II line 26

“Category beginning of year end of yearloans from directors 300 400”

Raw XML Appendix123 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/PersonNm0THE ORGANIZATION
IRS990EZ/BooksInCareOfDetail/PhoneNum09179455236
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0231 EAST 31ST STREET - RM 1A
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010016
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0100
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt076
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-124
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0100
IRS990EZ/Form990TotalAssetsGrp/EOYAmt076
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-200
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-324
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-200
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-324
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt110.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt210.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BENJAMIN MORDEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RUSSELL MAKOFSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2NEELA SALDANHA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MELISSA COHEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0124
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SEE STATEMENT ATTACHED
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ENCOURAGE GIRLS TO PLAY COMPETITIVE U.S. RATED CHESS & TO MENTOR OLDER GIRLS TO BE ABLE TO MENTOR YOUNGER GIRLS TO PLAY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt0300
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0400
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0124
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/PrivateFoundation170Ind0X
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ENCOURAGE GIRLS TO PLAY COMPETITIVE U.S. RATED CHESS & TO MENTOR OLDER GIRLS TO BE ABLE TO MENTOR YOUNGER GIRLS TO PLAY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTBANK CHARGES 124
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARLOANS FROM DIRECTORS 300 400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Description of total liabilities Part II line 26
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BENJAMIN MORDEN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09179455236
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-12-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HERMOVENEXT FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0HERM
ReturnHeader/Filer/EIN0842633245
ReturnHeader/Filer/USAddress/AddressLine1Txt0231 EAST 31ST STREET - RM 1A
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010016
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0KENNETH COOKLER CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt036304 WINTERBERRY DRIVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PLAINVIEW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011803
ReturnHeader/PreparerPersonGrp/PhoneNum05165817625
ReturnHeader/PreparerPersonGrp/PreparationDt02021-12-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEN COOKLER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-12-21T16:14:35-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BENJAMIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORDEN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$76
Liabilities
$400
Net assets
-$324
Revenue
-
Expenses
$124
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.33$0.40$6.93$3.99$8.09$4.10
2023Detailed filing. Detailed filing data is available for this year.$11.4$0.40$11.0$9.28$8.29$1.00
2022Detailed filing. Detailed filing data is available for this year.$10.4$0.40$10.0$14.3$7.10$7.17
2021Detailed filing. Detailed filing data is available for this year.$3.26$0.40$2.86$6.55$3.36$3.19
2020Detailed filing. Detailed filing data is available for this year.$0.08$0.40$0.32$0.12
2019Detailed filing. Detailed filing data is available for this year.$0.10$0.30$0.20$0.00$0.20$0.20