Civic Intelligence

Hermovenext Foundation Inc.

990EZ • Fiscal year 2021 • EIN 84-2633245

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 14, 2022

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

80th percentile

0.12x

Higher debt load relative to assets than 80% of similar nonprofits.

2021 filings • NTEE Z99 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

79th percentile

0.06x

Higher debt load relative to revenue than 79% of similar nonprofits.

2021 filings • NTEE Z99 • <$500k nonprofits • Source year 2021

Net Margin

76th percentile

49%

Higher net margin than 76% of similar nonprofits.

2021 filings • NTEE Z99 • <$500k nonprofits • Source year 2021

Top Officer Pay

88th percentile

$0

Higher top officer pay than 88% of similar nonprofits.

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

2021 filings • NTEE Z99 • <$500k nonprofits • Source year 2021

Asset Growth

99th percentile

4195%

Faster asset growth than 99% of similar nonprofits.

2021 filings • NTEE Z99 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

Score unavailable

No value available

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

Annualized from 2019 to 2021

Balance Sheet
Liabilities / Assets80th percentile

Assets

Up

$3,264

Up $3,188 (+4195%) from 2020

Net Assets

Up

$2,864

Up $3,188 (+984%) from 2020

Liabilities

Flat

$400

Flat from 2020

Revenue And Expenses
Liabilities / Revenue79th percentileNet Margin76th percentile

Revenue

$6,550

No earlier filing loaded for comparison.

Expenses

Up

$3,362

Up $3,238 (+2611%) from 2020

Net Income

$3,188

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset Growth99th 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

2021

Assets$3,264
Liabilities$400
Net Assets$2,864
Open 2021 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

2021

Revenue$6,550
Expenses$3,362
Net Income$3,188
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 14, 2022
Return Version
2021v4.2
Gross Receipts
$6,550
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 Pay88th 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
2022-11-14
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 amountnon employee comp - coaches 1,700bank charges 129dues & subscriptions 48office expense 1,210filing fee 275”

Description of total liabilities Part II line 26

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

Raw XML Appendix132 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
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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/BOYAmt076
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt03264
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IRS990EZ/ContributionsGiftsGrantsEtcAmt06550
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt03188
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
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IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt076
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IRS990EZ/GrossReceiptsAmt06550
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-324
IRS990EZ/NetAssetsOrFundBalancesEOYAmt02864
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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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/OtherExpensesTotalAmt03362
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/BOYAmt0400
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0400
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt03362
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt06550
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt06550
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06550
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt06550
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt06550
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.50000
IRS990ScheduleA/PublicSupportTotal170Amt06550
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt06550
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06550
IRS990ScheduleA/TotalSupportAmt013100
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 AMOUNTNON EMPLOYEE COMP - COACHES 1,700BANK CHARGES 129DUES & SUBSCRIPTIONS 48OFFICE EXPENSE 1,210FILING FEE 275
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CATEGORY BEGINNING OF YEAR END OF YEARLOANS FROM DIRECTORS 400 400
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/AuthenticationAssuranceLevelCd0AAL2
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/SignatureDt02022-11-14
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/PreparationDt02022-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEN COOKLER CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-14T13:04:53-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0BENJAMIN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MORDEN
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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.

Open filing
Assets
$3,264
Liabilities
$400
Net assets
$2,864
Revenue
$6,550
Expenses
$3,362
Net income
$3,188
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