Civic Intelligence

Tendrel Inc.

990 • Fiscal year 2020 • EIN 86-1829247

Jan 01, 2020 to Dec 31, 2020 • Filed on May 06, 2021

227 Concord Ave No Ste 2Cambridge, MA 02138

(917) 968-9906

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

62nd percentile

13%

Higher net margin than 62% of similar nonprofits.

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

Top Officer Pay

84th percentile

$20,000

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 8.1% of source-year revenue.

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

Asset Growth

95th percentile

299%

Faster asset growth than 95% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

97th percentile

267%

Faster revenue growth than 97% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$44,240

Up $33,166 (+299%) from 2019

Net Assets

Up

$44,240

Up $33,166 (+299%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$247,485

Up $179,984 (+267%) from 2019

Expenses

Up

$214,319

Up $157,892 (+280%) from 2019

Net Income

Up

$33,166

Up $22,092 (+199%) from 2019

Historical Trend

Balance Sheet Trend

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

$60K$40K$20K$0Assets 2019: $11,074Liabilities 2019: $0Net Assets 2019: $11,0742019Assets 2020: $44,240Liabilities 2020: $0Net Assets 2020: $44,2402020Assets 2021: $3,974Liabilities 2021: $0Net Assets 2021: $3,9742021

Highlighted filing

2020

Assets$44,240
Liabilities$0
Net Assets$44,240

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2019: $67,501Expenses 2019: $56,427Net Income 2019: $11,0742019Revenue 2020: $247,485Expenses 2020: $214,319Net Income 2020: $33,1662020Revenue 2021: $33,265Expenses 2021: $73,531Net Income 2021: -$40,2662021

Highlighted filing

2020

Revenue$247,485
Expenses$214,319
Net Income$33,166
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 6, 2021
Return Version
2020v4.1
Gross Receipts
$247,485
Mission and Program Overview

Mission

Tendrel is engaged in supporting social enterpreneurs, or impact leaders, through peer groups accross geographies and sectors by creating opportunities for social enterpreneurs to connect regularly with like-minded individuals. Tendrel encourages individual resilience and adddresses the lack of connectivity and isolation that exists for these leaders

See note on mission statement

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,074$44,240▲ $33,166
Total Assets$11,074$44,240▲ $33,166
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$11,074$44,240▲ $33,166
Total Net Assets Fund Balance$11,074$44,240▲ $33,166
Total Liabilities and Net Assets / Fund Balance$11,074$44,240▲ $33,166
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Peter KlebanowCOOPT$20,000$20,000

Board Members and Trustees

NameTitle
Rodrigo BaggioChair of the Board
Jeroo BillimoriaBoard Member
Teddy BlecherBoard Member
Willy FooteBoard Member
Charlie GarciaCEO & Director
Revenue and Support

Revenue Composition

Contributions and Grants
$246,875
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$610
All Other Contributions
$246,875
Change in Net Assets
$33,166
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$194,319
Total Fundraising Expense$75,000
Salaries, Compensation, and Employee Benefits$20,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$60,978-$75,000$135,978
Fees for Services Management$20,834$13,126-$33,960
Current Officers, Directors, Trustees, and Key Employees$10,000$10,000-$20,000
Fees for Services Legal-$4,707-$4,707
Travel$4,664--$4,664
Information Technology$3,730--$3,730
Fees for Services Accounting-$1,050-$1,050
Conferences and Meetings$736--$736
Other Expenses$8,075$600-$600
Office Expenses-$151-$151
Total Functional Expenses$109,017$30,302$75,000$214,319
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The size of the board does not allow committees to act on behalf of the board.

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

The organization's 990 was prepared by an outside accountant. The return is reviewed by the executive director. Upon approval by the ed, the return is filed electronically.

Form 990, Part VI, Section C, Line 19

The organization makes available its governing documents upon written requst; the following documents would be available when requested: fotm 1023 form 990 financial reports

Filing and Contact Details

Filer

Filer Name
Tendrel Inc
EIN
86-1829247
Phone
9179689906
Address
227 CONCORD AVE NO STE 2, CAMBRIDGE, MA 02138

Signing Officer

Name
Peter Klebanow
Title
COO
Phone
9179689906
Signed
2021-05-06

Organization Details

Principal Officer
Peter Klebanow
Formed
2019
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Salti & Associates LLC
Address
1310 L STREET NW, WASHINGTON, DC 20005
Preparer
Salti Associates LLC
Phone
2027283312
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Outside contract services: program service expenses 60,978. Management and general expenses 0. Fundraising expenses 75,000. Total expenses 135,978.

Raw XML Appendix333 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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IRS990/MissionDesc0TENDREL IS ENGAGED IN SUPPORTING SOCIAL ENTERPRENEURS, OR IMPACT LEADERS, THROUGH PEER GROUPS ACCROSS GEOGRAPHIES AND SECTORS BY CREATING OPPORTUNITIES FOR SOCIAL ENTERPRENEURS TO CONNECT REGULARLY WITH LIKE-MINDED INDIVIDUALS. TENDREL ENCOURAGES INDIVIDUAL RESILIENCE AND ADDDRESSES THE LACK OF CONNECTIVITY AND ISOLATION THAT EXISTS FOR THESE LEADERS
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE SIZE OF THE BOARD DOES NOT ALLOW COMMITTEES TO ACT ON BEHALF OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION'S 990 WAS PREPARED BY AN OUTSIDE ACCOUNTANT. THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR. UPON APPROVAL BY THE ED, THE RETURN IS FILED ELECTRONICALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS UPON WRITTEN REQUST; THE FOLLOWING DOCUMENTS WOULD BE AVAILABLE WHEN REQUESTED: FOTM 1023 FORM 990 FINANCIAL REPORTS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 60,978. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 75,000. TOTAL EXPENSES 135,978.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SALTI & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01310 L STREET NW
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020005
ReturnHeader/PreparerPersonGrp/PhoneNum02027283312
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-29
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SALTI ASSOCIATES LLC
ReturnHeader/ReturnTs02021-05-06T11:55:57-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PETER
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0KLEBANOW
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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