Civic Intelligence

Nyc Aerospace Inc.

990EZ • Fiscal year 2021 • EIN 84-2981229

Jan 01, 2021 to Dec 31, 2021 • Filed on Sep 12, 2022

120 Oceana Drive West Aptph1Brooklyn, NY 11235

(718) 986-1117

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

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

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

80th percentile

$0

Higher top officer pay than 80% of similar nonprofits.

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

Asset Growth

22nd percentile

-27%

Faster asset growth than 22% of similar nonprofits.

2021 filings • NTEE U • <$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 2020 to 2021

Assets

Down

$716

Down $265 (-27%) from 2020

Net Assets

Down

$716

Down $265 (-27%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Flat

$0

Flat from 2020

Expenses

Up

$265

Up $85 (+47%) from 2020

Net Income

Down

-$265

Down $85 (-47%) from 2020

Historical Trend

Balance Sheet Trend

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

$1.5K$1.0K$500$0Assets 2019: $1,161Liabilities 2019: $0Net Assets 2019: $1,1612019Assets 2020: $981Liabilities 2020: $0Net Assets 2020: $9812020Assets 2021: $716Liabilities 2021: $0Net Assets 2021: $7162021Assets 2022: $536Liabilities 2022: $0Net Assets 2022: $5362022Assets 2023: $371Liabilities 2023: $0Net Assets 2023: $3712023Assets 2024: $191Net Assets 2024: $1912024Assets 2025: $11Net Assets 2025: $112025

Highlighted filing

2021

Assets$716
Liabilities$0
Net Assets$716

Operations Trend

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

$1.5K$1.0K$500$0-$500Revenue 2019: $1,191Expenses 2019: $30Net Income 2019: $1,1612019Revenue 2020: $0Expenses 2020: $180Net Income 2020: -$1802020Revenue 2021: $0Expenses 2021: $265Net Income 2021: -$2652021Revenue 2022: $0Expenses 2022: $180Net Income 2022: -$1802022Revenue 2023: $0Expenses 2023: $165Net Income 2023: -$1652023Expenses 2024: $1802024Expenses 2025: $1802025

Highlighted filing

2021

Revenue$0
Expenses$265
Net Income-$265
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Sep 12, 2022
Return Version
2021v4.0
Mission and Program Overview

Mission

Nyc aerospace is organized for charitable, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code.

Program Services

DescriptionGrantsExpenses
THE CHARITABLE AND SCIENTIFIC COMPONENTS OF THE MISSION OF NYC AEROSPACE INC. ARE BEING FULFILLED SINCE INCEPTION (2019)AND BEYOND WITH THE ONLINE FUNDRASING ACTIVITIES WHICH FUNDED THE SCIENTIFIC RESEARCH AND KNOWLEDGE SHARING AMONGST THE MEMBERS OF THE ORGANIZATION AND THE WIDER PUBLIC INTERESTS.-$265
THE EDUCATIONAL COMPONENT OF THE MISSION OF NYC AEROSPACE INC. IS BEING FULFILLED SINCE INCEPTION (2019) AND BEYOND WITH THE PROMOTION AND KNOWLEDGE SHARING AMONGST THE MEMBERS OF THE ORGANIZATION AND THE WIDER PUBLIC INTERESTS.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
LEON MAKSINPresidentPT$0--
SOFIANE LARBIVice PresidePT$0--
JUDE RIZZOTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Nyc Aerospace Inc
EIN
84-2981229
Phone
7189861117
Address
120 OCEANA DRIVE WEST APTPH1, BROOKLYN, NY 11235

Signing Officer

Name
Leon Maksin
Title
President
Phone
7189861117
Signed
2022-09-12
Discuss with paid preparer
Yes

Preparer

Firm
Maksin & Maksin Cpas Pllc
Address
155 OCEANA DRIVE EAST STE PH2D, BROOKLYN, NY 11235-6685
Preparer
Steven V Maksin
Phone
6464951661
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses bank service fee 165 nys dept of law filing fees 100 total 265

Form 990-ez, Part III

Nyc aerospace is organized for charitable, educational, and scientific purposes, including, for such purposes, the making of distributions to organizations that qualify as exempt organizations under section 501(c)(3) of the internal revenue code, or the corresponding section of any future federal tax code.

Form 990-ez, Part III, Line 28

The educational component of the mission of nyc aerospace inc. Is being fulfilled since inception (2019) and beyond with the promotion and knowledge sharing amongst the members of the organization and the wider public interests.

Form 990-ez, Part III, Line 31

The charitable and scientific components of the mission of nyc aerospace inc. Are being fulfilled since inception (2019)and beyond with the online fundrasing activities which funded the scientific research and knowledge sharing amongst the members of the organization and the wider public interests.

Raw XML Appendix116 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.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1THE CHARITABLE AND SCIENTIFIC COMPONENTS OF THE MISSION OF NYC AEROSPACE INC. ARE BEING FULFILLED SINCE INCEPTION (2019)AND BEYOND WITH THE ONLINE FUNDRASING ACTIVITIES WHICH FUNDED THE SCIENTIFIC RESEARCH AND KNOWLEDGE SHARING AMONGST THE MEMBERS OF THE ORGANIZATION AND THE WIDER PUBLIC INTERESTS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES BANK SERVICE FEE 165 NYS DEPT OF LAW FILING FEES 100 TOTAL 265
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NYC AEROSPACE IS ORGANIZED FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES, INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.
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