Civic Intelligence

Preventable Surprises Inc

990EZ • Fiscal year 2020 • EIN 84-5187476

Mar 18, 2020 to Dec 31, 2020 • Filed on May 12, 2021

402 Bergen Street Apt 2Brooklyn, NY 11217

(347) 551-0273

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

70th percentile

20%

Higher net margin than 70% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

$19,171

No earlier filing loaded for comparison.

Net Assets

$19,171

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$94,600

No earlier filing loaded for comparison.

Expenses

$75,429

No earlier filing loaded for comparison.

Net Income

$19,171

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2020: $19,171Liabilities 2020: $0Net Assets 2020: $19,1712020Assets 2021: $22,679Liabilities 2021: $0Net Assets 2021: $22,6792021Assets 2022: $9,021Liabilities 2022: $50Net Assets 2022: $8,9712022

Highlighted filing

2020

Assets$19,171
Liabilities$0
Net Assets$19,171

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2020: $94,600Expenses 2020: $75,429Net Income 2020: $19,1712020Revenue 2021: $55,000Expenses 2021: $51,492Net Income 2021: $3,5082021Revenue 2022: $217,189Expenses 2022: $230,897Net Income 2022: -$13,7082022

Highlighted filing

2020

Revenue$94,600
Expenses$75,429
Net Income$19,171
Jump To
Filing Snapshot
Filing Period
Mar 18, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.1
Gross Receipts
$94,600
Mission and Program Overview

Mission

Preventable surprises work with professionals who share aspirations for a sustainable and ethical financial system to challenge the status quo and propose ambitious solutions to the systemic failures that the financial system is accelerating.

Preventable surprises, inc. (ps) is dedicated to the charitable purpose of educating investors and stakeholders on climate change, the covid-19 pandemic, biodiversity loss, income inequality, executive pay, and other systemic risks in the financial system and advancing corporate governance policies that benefit society and the environment. To further its charitable purpose, ps will offer: (i) research publications and educational materials; (ii) event programming; (iii) working groups; and (iv) public information campaigns. 25% of ps's total time is allocated to each activity.all activities will be conducted by ps's directors and, when necessary, guest contributors with support from its senior advisors. All activities are funded by donations and grants.

Program Services

DescriptionGrantsExpenses
RESEARCH PUBLICATIONS AND EDUCATIONAL MATERIALS: PS WILL PUBLISH ORIGINAL RESEARCH AND SHARE OPINION PIECES ON ITS WEBSITE, ON SOCIAL MEDIA PAGES AND IN OTHER PROFESSIONAL PUBLICATIONS. THESE MATERIALS WILL EDUCATE FINANCIAL INSTITUTIONS ABOUT SYSTEMIC SUSTAINABILITY RISKS.$0$0
EVENT PROGRAMMING: PS WILL ORGANIZE WEB CONFERENCES, WEBINARS, OR IN-PERSON EVENTS THAT SET AGENDAS AND EDUCATE FINANCIAL INSTITUTIONS ABOUT SYSTEMIC SUSTAINABILITY RISKS.$0$0
WORKING GROUPS: PS WILL COORDINATE WORKING GROUPS CONSISTING OF FINANCIAL INSTITUTIONS, SCIENTISTS, POLICYMAKERS, NONGOVERNMENTAL ORGANIZATIONS AND OTHER STAKEHOLDERS TO DEVELOP BEST PRACTICE PROPOSALS ON HOW INSTITUTIONAL INVESTORS CAN MANAGE SYSTEMIC RISKS.$0$0
PUBLIC INFORMATION CAMPAIGNS: PS WILL LEAD OR PARTICIPATE IN CAMPAIGNS TO ENGAGE WITH ASSET OWNERS AND MANAGERS THAT WANT TO IMPROVE THEIR ENVIRONMENTAL, SOCIAL, AND CORPORATE GOVERNANCE("ESG") PRACTICES, INCLUDING SHAREHOLDER ENGAGEMENT, PROXY VOTING, ESG INTEGRATION, AND PUBLIC POLICY POSITIONS ON ISSUES SUCH AS CLIMATE CHANGE, BIODIVERSITY OR OTHER SYSTEMIC SUSTAINABILITY RISKS.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEROME TAGGERCEO, Treasurer And DirectorFT$0--
MICHAEL MUSURACAChair And Director-$0--
DAVID PONETSecretary And Director-$0--
Filing and Contact Details

Filer

Filer Name
Preventable Surprises Inc
EIN
84-5187476
Phone
3475510273
Address
402 BERGEN STREET APT 2, BROOKLYN, NY 11217

Signing Officer

Name
Jerome Tagger
Title
CEO, Treasurer and Director
Phone
3475510273
Signed
2021-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Llp
Address
14 SYLVAN WAY, PARSIPPANY, NJ 07054-3801
Preparer
Lori Rothe Yokobosky CPA
Phone
9732283500
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16 - Other Expenses

Description: banking fees. Amount: 189. Description: it services. Amount: 240. Total to form 990-ez, line 16: 429.

Raw XML Appendix144 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/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY AND DIRECTOR
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IRS990EZ/PrimaryExemptPurposeTxt0PREVENTABLE SURPRISES, INC. (PS) IS DEDICATED TO THE CHARITABLE PURPOSE OF EDUCATING INVESTORS AND STAKEHOLDERS ON CLIMATE CHANGE, THE COVID-19 PANDEMIC, BIODIVERSITY LOSS, INCOME INEQUALITY, EXECUTIVE PAY, AND OTHER SYSTEMIC RISKS IN THE FINANCIAL SYSTEM AND ADVANCING CORPORATE GOVERNANCE POLICIES THAT BENEFIT SOCIETY AND THE ENVIRONMENT. TO FURTHER ITS CHARITABLE PURPOSE, PS WILL OFFER: (I) RESEARCH PUBLICATIONS AND EDUCATIONAL MATERIALS; (II) EVENT PROGRAMMING; (III) WORKING GROUPS; AND (IV) PUBLIC INFORMATION CAMPAIGNS. 25% OF PS'S TOTAL TIME IS ALLOCATED TO EACH ACTIVITY.ALL ACTIVITIES WILL BE CONDUCTED BY PS'S DIRECTORS AND, WHEN NECESSARY, GUEST CONTRIBUTORS WITH SUPPORT FROM ITS SENIOR ADVISORS. ALL ACTIVITIES ARE FUNDED BY DONATIONS AND GRANTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RESEARCH PUBLICATIONS AND EDUCATIONAL MATERIALS: PS WILL PUBLISH ORIGINAL RESEARCH AND SHARE OPINION PIECES ON ITS WEBSITE, ON SOCIAL MEDIA PAGES AND IN OTHER PROFESSIONAL PUBLICATIONS. THESE MATERIALS WILL EDUCATE FINANCIAL INSTITUTIONS ABOUT SYSTEMIC SUSTAINABILITY RISKS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EVENT PROGRAMMING: PS WILL ORGANIZE WEB CONFERENCES, WEBINARS, OR IN-PERSON EVENTS THAT SET AGENDAS AND EDUCATE FINANCIAL INSTITUTIONS ABOUT SYSTEMIC SUSTAINABILITY RISKS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2WORKING GROUPS: PS WILL COORDINATE WORKING GROUPS CONSISTING OF FINANCIAL INSTITUTIONS, SCIENTISTS, POLICYMAKERS, NONGOVERNMENTAL ORGANIZATIONS AND OTHER STAKEHOLDERS TO DEVELOP BEST PRACTICE PROPOSALS ON HOW INSTITUTIONAL INVESTORS CAN MANAGE SYSTEMIC RISKS.
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PhoneNum03475510273
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-12
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ReturnHeader/Filer/EIN0845187476
ReturnHeader/Filer/PhoneNum03475510273
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI ROTHE YOKOBOSKY CPA
ReturnHeader/ReturnTs02021-05-12T14:54:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JEROME
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TAGGER
ReturnHeader/TaxPeriodBeginDt02020-03-18
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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Filings