Civic Intelligence

9 Hugs Foundation Inc.

990EZ • Fiscal year 2022 • EIN 85-4303132

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

Organization ProfileN/A
1657 Bridge StreetMerrick, NY 11566

(917) 420-0774

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.00x

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

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

72nd percentile

0.00x

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

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Net Margin

69th percentile

22%

Higher net margin than 69% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2022 filings • NTEE T30 • <$500k nonprofits • Source year 2022

Asset Growth

78th percentile

37%

Faster asset growth than 78% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

55th percentile

18%

Faster revenue growth than 55% of similar nonprofits.

2022 filings • NTEE T30 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Up

$34,069

Up $9,234 (+37%) from 2021

Net Assets

Up

$34,069

Up $9,234 (+37%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin69th percentile

Revenue

Up

$41,518

Up $6,391 (+18%) from 2021

Expenses

Up

$32,284

Up $21,992 (+214%) from 2021

Net Income

Down

$9,234

Down $15,601 (-63%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth78th percentile

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

$40K$30K$20K$10K$0Assets 2021: $24,835Liabilities 2021: $0Net Assets 2021: $24,8352021Assets 2022: $34,069Liabilities 2022: $0Net Assets 2022: $34,0692022Assets 2023: $21,331Liabilities 2023: $0Net Assets 2023: $21,3312023Assets 2024: $14,352Net Assets 2024: $14,3522024

Highlighted filing

2022

Assets$34,069
Liabilities$0
Net Assets$34,069
Open 2022 Filing

Operations Trend

Revenue Growth55th percentile

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

$60K$40K$20K$0-$20KRevenue 2021: $35,127Expenses 2021: $10,292Net Income 2021: $24,8352021Revenue 2022: $41,518Expenses 2022: $32,284Net Income 2022: $9,2342022Revenue 2023: $28,009Expenses 2023: $40,747Net Income 2023: -$12,7382023Revenue 2024: $16,234Expenses 2024: $23,213Net Income 2024: -$6,9792024

Highlighted filing

2022

Revenue$41,518
Expenses$32,284
Net Income$9,234
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$41,518
Mission and Program Overview

Mission

Give & Share by improving their lives through effective action and leadership, targeting arising problems and people in desperate need that will develop and brighten a successful future.

Program Services

DescriptionGrantsExpenses
Give & Share by improving their lives through effective action and leadership, targeting arising problems and people in desperate need that will develop and brighten a successful future.-$14,913
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Spay ArgyrosPresident-$0--
Christine Koufalias KaranikasVice President-$0--
Eleni PetropoulosSecretary-$0--
Mina PerikleousTreasurer-$0--
Anna Maria KalonarosTrustee-$0--
Filing and Contact Details

Filer

Filer Name
9 Hugs Foundation Inc
EIN
85-4303132
Address
1657 Bridge Street, Merrick, NY 11566

Signing Officer

Name
Spay Argyros
Title
President
Signed
2023-11-15
Discuss with paid preparer
Yes

Preparer

Firm
GNSKP Associates LLC
Address
7 Broad St W Ste 209, Mount Vernon, NY 10552
Preparer
George Sotrillis EA
Phone
9146687800
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“Class of Activity: Childrens Welfare | Donee's Name: Lyreio Foundation Inc | Donee's Address: 140 Fifth Ave New York NY 10011 | Relationship of Donee: None | Cash Amount Given: $6351”

Grants and Similar Amounts Paid In Excess of $5,000.2

“| Donee's Name: The Water Project | Donee's Address: 17 Depot Street Concord NH 03301 | Cash Amount Given: $10756”

Other Expenses.1001

“Advertising and Promotion $213”

Other Expenses.1003

“Information Technology $560”

Other Expenses.1005

“Travel $70”

Other Expenses.1007

“Conferences, Conventions, and Meetings $1355”

Other Expenses.1

“Supplies $9929”

Other Expenses.4

“Bank Fees $400”

Other Expenses.5

“Storage $166”

Raw XML Appendix175 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/PersonNm2Eleni Petropoulos
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mina Perikleous
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Secretary
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
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IRS990EZ/PrintingPublicationsPostageAmt02221
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
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IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt076642
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IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Class of Activity: Childrens Welfare | Donee's Name: Lyreio Foundation Inc | Donee's Address: 140 Fifth Ave New York NY 10011 | Relationship of Donee: None | Cash Amount Given: $6351
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1| Donee's Name: The Water Project | Donee's Address: 17 Depot Street Concord NH 03301 | Cash Amount Given: $10756
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Advertising and Promotion $213
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Information Technology $560
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Travel $70
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Conferences, Conventions, and Meetings $1355
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Supplies $9929
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Bank Fees $400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Storage $166
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ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Spay Argyros
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ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
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ReturnHeader/Filer/EIN0854303132
ReturnHeader/Filer/USAddress/AddressLine1Txt01657 Bridge Street
ReturnHeader/Filer/USAddress/CityNm0Merrick
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011566
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263970860
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Mount Vernon
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010552
ReturnHeader/PreparerPersonGrp/PhoneNum09146687800
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0George Sotrillis EA
ReturnHeader/ReturnTs02023-11-15T04:20:36-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Spay
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Argyros
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
$34,069
Liabilities
$0
Net assets
$34,069
Revenue
$41,518
Expenses
$32,284
Net income
$9,234
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.4$14.4$16.2$23.2$6.98
2023Detailed filing. Detailed filing data is available for this year.$21.3$0.00$21.3$28.0$40.7$12.7
2022Detailed filing. Detailed filing data is available for this year.$34.1$0.00$34.1$41.5$32.3$9.23
2021Detailed filing. Detailed filing data is available for this year.$24.8$0.00$24.8$35.1$10.3$24.8