Civic Intelligence

Brainery Bits

990EZ • Fiscal year 2022 • EIN 85-4096833

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 03, 2023

Organization ProfileBRAINERYBITS.COM
1447 Lomita Blvd Unit 4Harbor City, CA 90710

(310) 626-7806

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

58th percentile

0.00x

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

43rd percentile

0.9%

Higher net margin than 43% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

54th percentile

3.6%

Faster asset growth than 54% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

40th percentile

-0.7%

Faster revenue growth than 40% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$16,546

Up $578 (+3.6%) from 2021

Net Assets

Up

$16,546

Up $578 (+3.6%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin43rd percentile

Revenue

Down

$66,638

Down $462 (-0.7%) from 2021

Expenses

Up

$66,060

Up $14,928 (+29%) from 2021

Net Income

Down

$578

Down $15,390 (-96%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth54th percentile

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

$80K$60K$40K$20K$0Assets 2020: $0Net Assets 2020: $02020Assets 2021: $15,968Liabilities 2021: $0Net Assets 2021: $15,9682021Assets 2022: $16,546Liabilities 2022: $0Net Assets 2022: $16,5462022Assets 2023: $38,650Liabilities 2023: $0Net Assets 2023: $38,6502023Assets 2024: $60,469Liabilities 2024: $0Net Assets 2024: $60,4692024

Highlighted filing

2022

Assets$16,546
Liabilities$0
Net Assets$16,546
Open 2022 Filing

Operations Trend

Revenue Growth40th percentile

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

$100K$50K$0Revenue 2021: $67,100Expenses 2021: $51,132Net Income 2021: $15,9682021Revenue 2022: $66,638Expenses 2022: $66,060Net Income 2022: $5782022Revenue 2023: $86,636Expenses 2023: $59,392Net Income 2023: $27,2442023Revenue 2024: $88,850Expenses 2024: $67,031Net Income 2024: $21,8192024

Highlighted filing

2022

Revenue$66,638
Expenses$66,060
Net Income$578
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 3, 2023
Return Version
2022v5.0
Gross Receipts
$66,638
Mission and Program Overview

Mission

EDUCATION

Program Services

DescriptionGrantsExpenses
IT OFFERS FULL TIME EDUCATIONAL SERVICES AND THE LARGEST EXPENSE IS PAYMENT TO CONTRACTORS.$65,172$65,172
IN THE EDUCATIONAL ORGANIZATION, IT IS THE CHARITY AND INSURANCE COST.$888$888
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CAROLINA PRIETO MUNIZPresidentPT$0--
SYED KASHIF ALITreasurerPT$0--
DANISH SALEEMSecretaryPT$0--
AHMED SHAKILVice PresidentPT$0--
TAHA JILANIDirectorPT$0--
Filing and Contact Details

Filer

Filer Name
Brainery Bits
EIN
85-4096833
Address
1447 LOMITA BLVD UNIT 4, Harbor City, CA 90710

Signing Officer

Name
Carolina Prieto Muniz
Title
President
Phone
3105000920
Signed
2023-10-03
Discuss with paid preparer
Yes

Preparer

Firm
Sjk Accountancy
Address
2520 STRANAHAN DR, Alhambra, CA 91803
Preparer
Saranjit Kaur
Phone
8184221822
Supplemental Narrative

Additional Explanations

General explanation attachment

“990 ez page 1 part 1 line 1an educational organization which purpose is educational so as to provide free or affordable quality education to minority groups who can not otherwise access it. 990 ez part ii balance sheetthe 990 ez along with p& l and balance sheet was presented to all members to review and finalize. Once finalize we presented to the accountant to file.990 ez part iiithe organization written bylaws are closely followed by the board. The bylaws cover day today operations, financial procedures and compliance aspects.990 ez page 1 other expensesplease see the other expenses detailed sheet.”

Description of other expenses Part I line 16

“Description AmountBANK CHARGES (12)CHARITY 400INSURANCE 500”

Raw XML Appendix151 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/PersonNm0CAROLINA PRIETO MUNIZ
IRS990EZ/BooksInCareOfDetail/PhoneNum03106267806
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01447 LOMITA
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Harbor City
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd090710
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt015968
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt016546
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0800
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0578
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt065172
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt015968
IRS990EZ/Form990TotalAssetsGrp/EOYAmt016546
IRS990EZ/GrossReceiptsAmt066638
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt015968
IRS990EZ/NetAssetsOrFundBalancesEOYAmt016546
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt015968
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt016546
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt020.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt120.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt220.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt310.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt410.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CAROLINA PRIETO MUNIZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SYED KASHIF ALI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANISH SALEEM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3AHMED SHAKIL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4TAHA JILANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0888
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0EDUCATION
IRS990EZ/ProgramServiceRevenueAmt065838
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0IT OFFERS FULL TIME EDUCATIONAL SERVICES AND THE LARGEST EXPENSE IS PAYMENT TO CONTRACTORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1IN THE EDUCATIONAL ORGANIZATION, IT IS THE CHARITY AND INSURANCE COST.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt065172
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt1888
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt065172
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt1888
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt066060
IRS990EZ/TotalProgramServiceExpensesAmt066060
IRS990EZ/TotalRevenueAmt066638
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0BRAINERYBITS.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt02300
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt065838
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt065600
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0131438
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0133738
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt066638
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt067100
IRS990ScheduleA/Total509Grp/TotalAmt0133738
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt066638
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt067100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0133738
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 EZ PAGE 1 PART 1 LINE 1AN EDUCATIONAL ORGANIZATION WHICH PURPOSE IS EDUCATIONAL SO AS TO PROVIDE FREE OR AFFORDABLE QUALITY EDUCATION TO MINORITY GROUPS WHO CAN NOT OTHERWISE ACCESS IT. 990 EZ PART II BALANCE SHEETTHE 990 EZ ALONG WITH P& L AND BALANCE SHEET WAS PRESENTED TO ALL MEMBERS TO REVIEW AND FINALIZE. ONCE FINALIZE WE PRESENTED TO THE ACCOUNTANT TO FILE.990 EZ PART IIITHE ORGANIZATION WRITTEN BYLAWS ARE CLOSELY FOLLOWED BY THE BOARD. THE BYLAWS COVER DAY TODAY OPERATIONS, FINANCIAL PROCEDURES AND COMPLIANCE ASPECTS.990 EZ PAGE 1 OTHER EXPENSESPLEASE SEE THE OTHER EXPENSES DETAILED SHEET.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description AmountBANK CHARGES (12)CHARITY 400INSURANCE 500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0General explanation attachment
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CAROLINA PRIETO MUNIZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03105000920
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-10-03
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BRAINERY BITS
ReturnHeader/Filer/BusinessNameControlTxt0BRAI
ReturnHeader/Filer/EIN0854096833
ReturnHeader/Filer/USAddress/AddressLine1Txt01447 LOMITA BLVD UNIT 4
ReturnHeader/Filer/USAddress/CityNm0Harbor City
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd090710
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SJK ACCOUNTANCY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02520 STRANAHAN DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Alhambra
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd091803
ReturnHeader/PreparerPersonGrp/PhoneNum08184221822
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-05
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SARANJIT KAUR
ReturnHeader/ReturnTs02023-11-05T23:23:57-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CAROLINA PRIETO
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MUNIZ
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,546
Liabilities
$0
Net assets
$16,546
Revenue
$66,638
Expenses
$66,060
Net income
$578
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$60.5$0.00$60.5$88.9$67.0$21.8
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$38.7$0.00$38.7$86.6$59.4$27.2
2022Detailed filing. Detailed filing data is available for this year.$16.5$0.00$16.5$66.6$66.1$0.58
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$16.0$0.00$16.0$67.1$51.1$16.0
2020Detailed filing. Detailed filing data is available for this year.$0.00$0.00