Civic Intelligence

Persephone Works Inc.

990 • Fiscal year 2021 • EIN 87-2874355

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2023

Organization ProfilePERSEPHONEWORKS.ORG
158 27th StBrooklyn, NY 11232

(347) 377-2678

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.

2021 filings • NTEE P20 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

58th percentile

0.00x

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

2021 filings • NTEE P20 • <$500k nonprofits • Source year 2021

Net Margin

87th percentile

63%

Higher net margin than 87% of similar nonprofits.

2021 filings • NTEE P20 • <$500k nonprofits • Source year 2021

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

2021 filings • NTEE P20 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

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

Source year 2021

Revenue Growth

Score unavailable

No value available

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

Source year 2021

Balance Sheet
Liabilities / Assets58th percentile

Assets

$5,727

No earlier filing loaded for comparison.

Net Assets

$5,727

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue58th percentileNet Margin87th percentile

Revenue

$9,039

No earlier filing loaded for comparison.

Expenses

$3,312

No earlier filing loaded for comparison.

Net Income

$5,727

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

Asset GrowthScore unavailable

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

$6.0K$4.0K$2.0K$0Assets 2021: $5,727Liabilities 2021: $0Net Assets 2021: $5,7272021Assets 2022: $4,460Liabilities 2022: $0Net Assets 2022: $4,4602022Assets 2023: $3,260Liabilities 2023: $0Net Assets 2023: $3,2602023Assets 2024: $2,660Liabilities 2024: $0Net Assets 2024: $2,6602024

Highlighted filing

2021

Assets$5,727
Liabilities$0
Net Assets$5,727
Open 2021 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$10K$5.0K$0-$5.0KRevenue 2021: $9,039Expenses 2021: $3,312Net Income 2021: $5,7272021Revenue 2022: $0Expenses 2022: $1,267Net Income 2022: -$1,2672022Revenue 2023: $0Expenses 2023: $1,200Net Income 2023: -$1,2002023Revenue 2024: $0Expenses 2024: $600Net Income 2024: -$6002024

Highlighted filing

2021

Revenue$9,039
Expenses$3,312
Net Income$5,727
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2023
Return Version
2021v4.2
Gross Receipts
$9,039
Mission and Program Overview

Mission

Employ, educate, & uplift previously incarcerated people so they will develop the necessary tools to get back on their feet and reintegrate into society.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts-$5,727-
Total Assets$0$5,727▲ $5,727
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$5,727-
Total Net Assets Fund Balance$0$5,727▲ $5,727
Total Liabilities and Net Assets / Fund Balance$0$5,727▲ $5,727
Compensation and Service Providers
Top Officer Pay81st percentile

Board Members and Trustees

NameTitle
Jessica WinnChairperson
Kathleen NittiPresident
Miriam BabelTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$9,039
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$9,039
Change in Net Assets
$5,727
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$3,312
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Legal-$2,784-$2,784
Advertising-$300-$300
Information Technology-$228-$228
Total Functional Expenses$0$3,312$0$3,312
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
No
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 B, Line 11B

“The 990 is reviewed by the board and signed by the tresurer before filing”

Form 990, Part VI, Section C, Line 19

“AVAILABLE UPON REQUEST”

Filing and Contact Details

Filer

Filer Name
Persephone Works Inc
EIN
87-2874355
Phone
3473772678
Address
158 27TH ST, BROOKLYN, NY 11232

Signing Officer

Name
Kathleen Nitti
Title
President
Phone
3473772678
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathleen Nitti
Formed
2021
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
0

Preparer

Firm
R Berger & Company Cpas Pc
Address
45 GARIBALDI LANE 5, NEW CANAAN, CT 06840
Preparer
Robin Berger-buzzeo
Phone
2039662614
Raw XML Appendix252 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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Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$5,727
Liabilities
$0
Net assets
$5,727
Revenue
$9,039
Expenses
$3,312
Net income
$5,727
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2,660$0$2,660$0$600$600
2023Detailed filing. Detailed filing data is available for this year.$3,260$0$3,260$0$1,200$1,200
2022Detailed filing. Detailed filing data is available for this year.$4,460$0$4,460$0$1,267$1,267
2021Detailed filing. Detailed filing data is available for this year.$5,727$0$5,727$9,039$3,312$5,727