Civic Intelligence

Project N95 Inc

EIN 85-0570065 • 501(c)3 • Brooklyn, NY

Profile

To protect communities and the people who live and work in them by providing equitable access to the resources they need to stay safe through the covid-19 pandemic.

315 Flatbush Avenue 394Brooklyn, NY 11217

www.projectn95.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

94th percentile

1.00x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Liabilities / Revenue

92nd percentile

1.00x

Higher debt load relative to revenue than 92% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Net Margin

2nd percentile

-212%

Higher net margin than 2% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2023

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

3rd percentile

-73%

Faster asset growth than 3% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Revenue Growth

1st percentile

-84%

Faster revenue growth than 1% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2022 to 2023

Assets

Down

$622,141

Down $1,709,643 (-73%) from 2022

Liabilities

Up

$622,141

Up $149,365 (+32%) from 2022

Net Assets

Down

$0

Down $1,859,008 (-100%) from 2022

Revenue

Down

$621,185

Down $3,177,494 (-84%) from 2022

Expenses

Down

$1,940,663

Down $1,368,939 (-41%) from 2022

Net Income

Down

-$1,319,478

Down $1,808,555 (-370%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2020: $2,107,373Liabilities 2020: $1,447,204Net Assets 2020: $660,1692020Assets 2021: $3,889,478Liabilities 2021: $2,519,547Net Assets 2021: $1,369,9312021Assets 2022: $2,331,784Liabilities 2022: $472,776Net Assets 2022: $1,859,0082022Assets 2023: $622,141Liabilities 2023: $622,141Net Assets 2023: $02023

Highlighted filing

2023

Assets$622,141
Liabilities$622,141
Net Assets$0

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$2.0M$0-$2.0MRevenue 2020: $1,152,787Expenses 2020: $492,618Net Income 2020: $660,1692020Revenue 2021: $3,154,119Expenses 2021: $2,444,357Net Income 2021: $709,7622021Revenue 2022: $3,798,679Expenses 2022: $3,309,602Net Income 2022: $489,0772022Revenue 2023: $621,185Expenses 2023: $1,940,663Net Income 2023: -$1,319,4782023

Highlighted filing

2023

Revenue$621,185
Expenses$1,940,663
Net Income-$1,319,478

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 13, 2024
Return Version
2023v5.1
Gross Receipts
$1,327,034
Mission and Program Overview

Mission

To protect communities and the people who live and work in them by providing equitable access to the resources they need to stay safe through the covid-19 pandemic.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$2,243,802$622,081▼ $1,621,721
Prepaid Expenses and Deferred Charges$56,727$0▼ $56,727
Inventories for Sale or Use$26,402$0▼ $26,402
Land, Buildings, and Equipment, Net$4,853$0▼ $4,853
Accounts Receivable$0$60▲ $60
Total Assets$2,331,784$622,141▼ $1,709,643
Liabilities
Other Liabilities$0$475,804▲ $475,804
Accounts Payable and Accrued Expenses$469,583$146,337▼ $323,246
Deferred Revenue$3,193$0▼ $3,193
Total Liabilities$472,776$622,141▲ $149,365
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,859,008$0▼ $1,859,008
Total Net Assets Fund Balance$1,859,008$0▼ $1,859,008
Total Liabilities and Net Assets / Fund Balance$2,331,784$622,141▼ $1,709,643
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Geoffrey BonnCFO/COOFT$97,457$97,457

Board Members and Trustees

NameTitle
Joseph TitlebaumBoard Member
Kate GoodrichBoard Member
Kenneth BahkBoard Member
Pamela RileyBoard Member
Rob HandfiledBoard Member
Anne MillerExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$82,835
Program Service Revenue
$523,400
Investment Income
$0
Other Revenue
$14,950
All Other Contributions
$82,835
Change in Net Assets
$-1,319,478

Audited Revenue Reconciliation

Revenue per Audited Statements
$621,185
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$51,281
Total Revenue per Audited Statements
$672,466
Total Revenue per Form 990
$621,185
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,395,088
Salaries, Compensation, and Employee Benefits$411,395
Grants and Similar Amounts Paid$134,180
Total Fundraising Expense$44,646
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$774,345$202,246$25,524$1,002,115
Other Salaries and Wages$151,669$8,272-$159,941
Other Employee Benefits$10,522$122,348$1,352$134,222
Grants to Domestic Orgs$134,180--$134,180
Information Technology$94,042$22,995$3,359$120,396
Current Officers, Directors, Trustees, and Key Employees$73,093$14,618$9,746$97,457
Insurance$59,256--$59,256
Fees for Services Accounting-$45,003-$45,003
Office Expenses$27,655$1,888$2,923$32,466
Payroll Taxes$16,901$1,456$1,418$19,775
All Other Expenses$10,704$830-$11,534
Depreciation Depletion$2,204--$2,204
Fees for Services Legal$677$455-$1,132
Other Expenses$17,540$586$324$586
Total Functional Expenses$1,475,320$420,697$44,646$1,940,663

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,991,944
Expenses per Audited Statements$1,940,663
Total Expenses per Form 990$1,940,663
Expenses Not Reported on Form 990$51,281
Expenses Not Reported on Financial Statements$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Aptos Middle SchoolSan Francisco, CA-Clearn Air for Schools$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Estimated Liquidation Expenses$475,804
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The form 990 is distributed to all members of the board of directors prior to submission.

Form 990, Part VI, Section B, Line 12C

Organization has volunteer counsel that monitors and enforces compliance with all company policy.

Form 990, Part VI, Section C, Line 19

The organization will be making policies available after filing initial 990 via website and potential 3rd party reference sites.

Filing and Contact Details

Filer

Filer Name
Project N95 Inc
EIN
85-0570065
Phone
2028499858
Address
315 FLATBUSH AVENUE 394, BROOKLYN, NY 11217

Signing Officer

Name
Geoffrey Bonn
Title
CFO/COO
Phone
3126131194
Signed
2024-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anne Miller
Formed
2020
Legal Domicile
Ny
Voting Board Members
5
Independent Board Members
5
Employees
3
Volunteers
13

Preparer

Firm
Cherry Bekaert Advisory LLC
Address
101 SOUTH 5TH STREET STE 2100, LOUISVILLE, KY 40202
Preparer
Bree-ann Weidner
Phone
8885871719
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

Project n95, inc. Ceased conducting its operations at the end of december 2023.

Form 990, Part IX, Line 11G

Contractors: program service expenses 774,345. Management and general expenses 202,246. Fundraising expenses 25,524. Total expenses 1,002,115.

FORM 990, PART XI, LINE 9:

Net assets in liquidation -539,530.

Financial Statement Notes

PART X, LINE 2:

The organization has been determined to be exempt from income tax under section 501(c)(3) of the internal revenue code and, accordingly, no provision has been made for either federal or state income taxes. The organization has evaluated the tax positions taken for the current tax year. Currently, there are no tax years open and subject to examination by the internal revenue service as this is the first year of operations. Based on the evaluation of the organization's tax positions, management believes all positions would be upheld under an examination; therefore, no provision for the effects of uncertain tax positions has been recorded for the year ended december 31, 2023.

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IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0538350
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt082835
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0166595
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0236129
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0404399
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0889958
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01244199
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt09837396
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt07854246
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt06599139
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt025534980
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt026424938
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01327034
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt010003991
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt08090375
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt07003538
IRS990ScheduleA/Total509Grp/TotalAmt026424938
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01327034
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt010003991
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt08090375
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt07003538
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt026424938
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt051281
IRS990ScheduleD/DonatedServicesUseFcltsAmt051281
IRS990ScheduleD/ExpensesNotReportedAmt051281
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01940663
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0475804
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ESTIMATED LIQUIDATION EXPENSES
IRS990ScheduleD/RevenueNotReportedAmt051281
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0621185
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS BEEN DETERMINED TO BE EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION HAS BEEN MADE FOR EITHER FEDERAL OR STATE INCOME TAXES. THE ORGANIZATION HAS EVALUATED THE TAX POSITIONS TAKEN FOR THE CURRENT TAX YEAR. CURRENTLY, THERE ARE NO TAX YEARS OPEN AND SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AS THIS IS THE FIRST YEAR OF OPERATIONS. BASED ON THE EVALUATION OF THE ORGANIZATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2023.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt01940663
IRS990ScheduleD/TotalLiabilityAmt0475804
IRS990ScheduleD/TotalRevenuePerForm990Amt0621185
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0672466
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01991944
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt012453
IRS990ScheduleI/RecipientTable/NonCashAssistanceDesc0AIR PURIFIER COMPONENTS FOR ASSEMBLY
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CLEARN AIR FOR SCHOOLS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0APTOS MIDDLE SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0946000416
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0105 APTOS AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SAN FRANCISCO
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd094127
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0AMOUNT PAID FOR ITEMS DONATED
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROJECT N95, INC. CEASED CONDUCTING ITS OPERATIONS AT THE END OF DECEMBER 2023.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATION HAS VOLUNTEER COUNSEL THAT MONITORS AND ENFORCES COMPLIANCE WITH ALL COMPANY POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION WILL BE MAKING POLICIES AVAILABLE AFTER FILING INITIAL 990 VIA WEBSITE AND POTENTIAL 3RD PARTY REFERENCE SITES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CONTRACTORS: PROGRAM SERVICE EXPENSES 774,345. MANAGEMENT AND GENERAL EXPENSES 202,246. FUNDRAISING EXPENSES 25,524. TOTAL EXPENSES 1,002,115.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NET ASSETS IN LIQUIDATION -539,530.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART IX, LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd01
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/StatesWhereCopyOfReturnIsFldCd1NJ
IRS990/StatesWhereCopyOfReturnIsFldCd2CA
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt02331784
IRS990/TotalAssetsEOYAmt0622141
IRS990/TotalAssetsGrp/BOYAmt02331784
IRS990/TotalAssetsGrp/EOYAmt0622141
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt082835
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt044646
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0420697
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01475320
IRS990/TotalFunctionalExpensesGrp/TotalAmt01940663
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0472776
IRS990/TotalLiabilitiesEOYAmt0622141
IRS990/TotalLiabilitiesGrp/BOYAmt0472776
IRS990/TotalLiabilitiesGrp/EOYAmt0622141
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01859008
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt00
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01475320
IRS990/TotalProgramServiceRevenueAmt0523400
IRS990/TotalReportableCompFromOrgAmt097457
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0538350
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0621185
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt013
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02331784
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0622141

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