Civic Intelligence

Mangrove Community Wealth Inc

EIN 87-4373793 • 501(c)3 • New York, NY

Profile

Foster prosperity through neighborhood and community wealth building.

135 Madison Ave 8th FloorNew York, NY 10016

flatbushcentral.com

Siviq Scores

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

Liabilities / Assets

86th percentile

0.51x

Higher debt load relative to assets than 86% of similar nonprofits.

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

Liabilities / Revenue

75th percentile

0.16x

Higher debt load relative to revenue than 75% of similar nonprofits.

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

Net Margin

84th percentile

36%

Higher net margin than 84% of similar nonprofits.

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

Top Officer Pay

66th percentile

$0

Higher top officer pay than 66% of similar nonprofits.

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

501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

94th percentile

96%

Faster asset growth than 94% of similar nonprofits.

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

Revenue Growth

96th percentile

205%

Faster revenue growth than 96% of similar nonprofits.

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

Balance Sheet
Liabilities / Assets86th percentile

Assets

Up

$224,234

Up $109,986 (+96%) from 2022

Liabilities

Down

$114,155

Down $169,971 (-60%) from 2022

Net Assets

Up

$110,079

Up $279,957 (+165%) from 2022

Operations
Liabilities / Revenue75th percentileNet Margin84th percentile

Revenue

Up

$704,176

Up $473,087 (+205%) from 2022

Expenses

Up

$448,719

Up $47,752 (+12%) from 2022

Net Income

Up

$255,457

Up $425,335 (+250%) from 2022

Trend Graphs

Balance Sheet Trend

Asset Growth94th percentile

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

$400K$200K$0-$200KAssets 2022: $114,248Liabilities 2022: $284,126Net Assets 2022: -$169,8782022Assets 2023: $224,234Liabilities 2023: $114,155Net Assets 2023: $110,0792023

Highlighted filing

2023

Assets$224,234
Liabilities$114,155
Net Assets$110,079
Open 2023 Filing

Operations Trend

Revenue Growth96th percentile

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

$1.0M$500K$0-$500KRevenue 2022: $231,089Expenses 2022: $400,967Net Income 2022: -$169,8782022Revenue 2023: $704,176Expenses 2023: $448,719Net Income 2023: $255,4572023

Highlighted filing

2023

Revenue$704,176
Expenses$448,719
Net Income$255,457
Open 2023 Filing

Filings

Most recent year

2023 • Form 990Summary only. Only limited summary data is available for this year.

Open filing
Assets
$224,234
Liabilities
$114,155
Net assets
$110,079
Revenue
$704,176
Expenses
$448,719
Net income
$255,457
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$2.24$1.14$1.10$7.04$4.49$2.55
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.14$2.84$1.70$2.31$4.01$1.70
Latest Detailed Filing

The latest 2023 filing currently has summary financial data only. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Feb 17, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$231,089
Mission and Program Overview

Mission

Foster prosperity through neighborhood and community wealth building.

Balance Sheet Detail
LineBeginningEndChange
Assets
Loans From Officers Directors-$284,126-
Cash and Non-Interest-Bearing Accounts-$114,248-
Total Assets$0$114,248▲ $114,248
Liabilities
Total Liabilities$0$284,126▲ $284,126
Net Assets / Fund Balance
Net Assets Without Donor Restrictions-$-169,878-
Total Net Assets Fund Balance$0$-169,878▼ $169,878
Total Liabilities and Net Assets / Fund Balance$0$114,248▲ $114,248
Compensation and Service Providers
Top Officer Pay66th percentile

Board Members and Trustees

NameTitle
James Johnson-piettPresident
Sylvie Gallier HowardSecretary
Juan PerezTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$200,000
Program Service Revenue
$12,264
Investment Income
$0
Other Revenue
$18,825
All Other Contributions
$200,000
Change in Net Assets
$-169,878
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$400,967
Total Fundraising Expense$19,991
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$205,269$38,488$12,829$256,586
Occupancy$47,904$8,982$2,994$59,880
Information Technology$28,177$5,283$1,761$35,221
Fees for Services Other$15,681$2,940$980$19,601
Office Expenses$12,774$2,395$798$15,967
Conferences and Meetings$5,330$999$333$6,662
Other Expenses$3,072$577$192$3,841
Travel$1,672$313$104$2,089
Fees for Services Legal-$1,120-$1,120
Total Functional Expenses$319,879$61,097$19,991$400,967
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$284,126-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
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 990 is reviewed by the officers of the organization prior to submitting to the department of treasury.”

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

“During end of year board meetings, conflict of interest policies are signed by the officers and are monitored throughout the year.”

Form 990, Part VI, Section B, Line 15

“The organization's president and officers are reviewed and approved by the board. In 2022, the president and officers did not receive compensation.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Mangrove Community Wealth Inc
EIN
87-4373793
Phone
2158681680
Address
135 MADISON AVE 8TH FLOOR, NEW YORK, NY 10016

Signing Officer

Name
James Johnson-piett
Title
President
Phone
2158681680
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James Johnson-piett
Formed
2022
Legal Domicile
De
Voting Board Members
3
Independent Board Members
2
Employees
0
Volunteers
3

Preparer

Firm
Robert P Russo CPA Pc
Address
231 W 29TH ST STE 402, NEW YORK, NY 10001
Preparer
Robert P Russo CPA Pc
Phone
2122799800
Supplemental Narrative

Additional Explanations

Part XII Line 2C

“The processes of the audit committee have not changed since last year.”

Schedule L Part II and Schedule R Part IV and V

“James johnson-piett, president, of mangrove community wealth inc "mangrove" is also a 100% shareholder/owner of urbane development group ltd "urbane", a s-corporation. During mangrove's initial year of operations, urbane provided managerial staffing support to the organization.”

Raw XML Appendix361 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
IRS990/AccountantCompileOrReviewInd00
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0FOSTER PROSPERITY THROUGH NEIGHBORHOOD AND COMMUNITY WEALTH BUILDING.
IRS990/AllOtherContributionsAmt0200000
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0JAMES JOHNSON-PIETT
IRS990/BooksInCareOfDetail/PhoneNum02158681680
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0135 MADISON AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd010016
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/EOYAmt0114248
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConferencesMeetingsGrp/FundraisingAmt0333
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt0999
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05330
IRS990/ConferencesMeetingsGrp/TotalAmt06662
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0200000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0400967
IRS990/CYOtherRevenueAmt018825
IRS990/CYProgramServiceRevenueAmt012264
IRS990/CYRevenuesLessExpensesAmt0-169878
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0400967
IRS990/CYTotalFundraisingExpenseAmt019991
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0231089
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0YEAR 1 (Y1) STARTED WITH THE LAST MILESTONE IN THE REDEVELOPMENT OF THE PREVIOUS FLATBUSH CATON MARKET, KICKING OFF WITH THE GRAND OPENING OF FLATBUSH CENTRAL X MANGROVE FC. OUR AIM FOR Y1 WAS TO MORE THOROUGHLY DISCOVER COMMUNITY NEEDS AND ILLUSTRATE THE POSSIBILITIES OF WHAT FLATBUSH CENTRAL AND MANGROVE FC COULD BE. WE CANVASED THE NEIGHBORHOOD AND HELD CONVERSATIONS WITH LOCAL BUSINESS OWNERS, OUR LEGACY VENDORS, YOUNG PEOPLE, AND INSTITUTIONS. THE THEMES WE HEARD MOST OFTEN CENTERED AROUND MENTAL HEALTH AND WELLBEING, FOOD AND CULTURAL PRESERVATION, DESIGN AND MEDIA PRODUCTION, FASHION AND CLOTHING PRODUCTION, AND SUPPORT FOR GROWING AND FORMALIZING BUSINESSES. CONTINUING OUR CONVERSATIONS WITH LOCAL PARTNERS, WE DESIGNED A SERIES OF PILOT PROGRAMS INVESTIGATING PATHWAYS TO COMMUNITY OWNERSHIP AND WEALTH GENERATION. WE DEFINED WEALTH NOT ONLY IN CAPITAL GAINS BUT ALSO THROUGH CULTURAL AND PERSONAL DEVELOPMENT AND THE GENERATIVE POWER OF JOY. INITIAL PILOTS, WHICH YOU'LL READ ABOUT IN THIS REPORT, INCLUDED THE MANGROVE X PARSONS FELLOWSHIP PROGRAM, MANGROVE X FC COOKING SESSIONS, FOOD FOR THOUGHT, AOHT SCHOOL BRUNCH, AOHT DINNER SERIES, A GREEN INDUSTRIAL DESIGN JAM, MANGROVE COMMUNITY BUSINESS ACADEMY, MANGROVE FOOD GUILD, MANGROVE CIVICS RESIDENCY, AND OUR HOW-TO SERIES A LOTTA PEOPLE DON'T KNOW THAT. EACH EVENT INVESTIGATED A DIFFERENT ELEMENT OF MANGROVE FC'S MISSION AND PROVIDED PLATFORMS TO SHARE KNOWLEDGE. THROUGH PARTICIPATION WITH PEOPLE FROM ALL WALKS OF LIFE, WE LEARNED ABOUT WHAT WORKS IN THE SPACE AND WHAT KIND OF PROGRAMMING FLATBUSH RESIDENTS WANT. Y1 WAS OUR YEAR OF YES. WE GAVE AN ENTHUSIASTIC YES TO A RANGE OF MISSION-DRIVEN ORGANIZATIONS IN NEED OF SPACE FOR THEIR PROGRAMS. FOR INSTANCE, THE RESTAURANT OPPORTUNITY CENTER (ROC) UTILIZED OUR FACILITIES TO RUN ITS COLORS HOSPITALITY OPPORTUNITIES FOR WORKERS (CHOW) INSTITUTE PROGRAM, WHICH PROVIDES VALUABLE RESTAURANT WORKFORCE TRAINING TO EARLY-STAGE AND MID-LEVEL RESTAURANT WORKERS. IN ANOTHER EXAMPLE, WE HOSTED AN INTRODUCTORY SEWING CLASS LED BY THELMA REID, ONE OF OUR LEGACY VENDORS. PARTICIPANTS GATHERED WEEKLY TO LEARN NEW SKILLS AND CREATE PROJECTS BASED ON THEIR INTERESTS. THESE TRIALS OFFERED VALUABLE INSIGHT ON COMMUNITY NEEDS AND INTERESTS, HELPING DIRECT OUR PLANS FOR FUTURE PROGRAMMING.OUR PRIMARY OBJECTIVE THIS YEAR WAS TO ESTABLISH AND FOSTER A COMMUNITY CULTURE FOR THE SPACE. WE AIMED TO CREATE A SECURE AND WELCOMING ENVIRONMENT THAT ANYONE IN THE NEIGHBORHOOD CAN UTILIZE AS THEIR OWN. IN PURSUIT OF AN INCLUSIVE AND OPEN ATMOSPHERE, WE ORGANIZED MEALS, EVENTS, AND ACTIVITIES SUCH AS POTLUCKS AND GAME NIGHTS. WE ACTIVELY SOUGHT FEEDBACK FROM PARTICIPANTS, MANGROVE MEMBERS, FC SHOPPERS, AND NEIGHBORS. WE CULTIVATED AN OPEN-DOOR POLICY FOR MEETINGS AND CONVERSATIONS WITH THE MANGROVE TEAM. WE DEVELOPED SYSTEMS TO MANAGE OUR WORKFLOWS AND IMPACT. THESE SYSTEMS INCLUDED TECH MANAGEMENT TOOLS AS WELL AS SURVEYS, CONSULTATIONS, AND INTERVIEWS TO ENSURE THE CREATION OF REFLECTIVE, IMPACTFUL PROGRAMMING AND SERVICES. THEY ALSO INCLUDED PARTNERSHIPS WITH NYC DEPARTMENT OF HEALTH AND MENTAL HYGIENE, NYS DEPARTMENT OF AGRICULTURE AND MARKETS, AND NYC DEPARTMENT OF EDUCATION TO STREAMLINE BUSINESS LICENSING AND SUPPORT.DURING Y1, WE ALSO EXPLORED VARIOUS WAYS TO GENERATE REVENUE, INCLUDING EVERYTHING FROM SECURING TRADITIONAL GRANTS TO SELLING PRODUCTS AND SERVICES. ONE SUCCESSFUL LONG-TERM FUNDING PROJECT IS OUR EVENT SERIES, WHICH GENERATES REVENUE FOR BOTH MANGROVE FC AND PARTICIPATING CHEFS. SIMILARLY, OUR SCHOOL BRUNCH PROGRAM PROVIDES INDUSTRY-SPECIFIC JOB TRAINING FOR YOUTH WHILE ALSO OFFERING A TESTING GROUND FOR OUR CAF AND BAR PROGRAM, EVEN DEMONSTRATING POTENTIAL TO EXPAND INTO A PROFITABLE RESTAURANT OPERATION. THE BRUNCH PROGRAM ALSO RESULTED IN AN UNEXPECTED PRODUCT - THE MANGROVE LAMB BACON, WHICH IS CURED AND SMOKED IN-HOUSE. THE LAMB BELLY IS SOURCED AND SOLD THROUGH A PARTNERSHIP WITH PRINCE ABOU'S BUTCHERY.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0319879
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt01120
IRS990/FeesForServicesLegalGrp/TotalAmt01120
IRS990/FeesForServicesManagementGrp/FundraisingAmt012829
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt038488
IRS990/FeesForServicesManagementGrp/ProgramServicesAmt0205269
IRS990/FeesForServicesManagementGrp/TotalAmt0256586
IRS990/FeesForServicesOtherGrp/FundraisingAmt0980
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt02940
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt015681
IRS990/FeesForServicesOtherGrp/TotalAmt019601
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt015.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/PersonNm0JAMES JOHNSON-PIETT
IRS990/Form990PartVIISectionAGrp/PersonNm1JUAN PEREZ
IRS990/Form990PartVIISectionAGrp/PersonNm2SYLVIE GALLIER HOWARD
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02022
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0231089
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt02
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InformationTechnologyGrp/FundraisingAmt01761
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt05283
IRS990/InformationTechnologyGrp/ProgramServicesAmt028177
IRS990/InformationTechnologyGrp/TotalAmt035221
IRS990/InitialReturnInd0X
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0DE
IRS990/LoanOutstandingInd01
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt0284126
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0FOSTER PROSPERITY THROUGH NEIGHBORHOOD AND COMMUNITY WEALTH BUILDING.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesEOYAmt0-169878
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-169878
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02994
IRS990/OccupancyGrp/ManagementAndGeneralAmt08982
IRS990/OccupancyGrp/ProgramServicesAmt047904
IRS990/OccupancyGrp/TotalAmt059880
IRS990/OfficeExpensesGrp/FundraisingAmt0798
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt02395
IRS990/OfficeExpensesGrp/ProgramServicesAmt012774
IRS990/OfficeExpensesGrp/TotalAmt015967
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0MISCELLANEOUS EXPENSE
IRS990/OtherExpensesGrp/FundraisingAmt0192
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0577
IRS990/OtherExpensesGrp/ProgramServicesAmt03072
IRS990/OtherExpensesGrp/TotalAmt03841
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt018825
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt018825
IRS990/OtherRevenueTotalAmt018825
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0JAMES JOHNSON-PIETT
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1541900
IRS990/ProgramServiceRevenueGrp/Desc0MEMBERSHIP
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt09489
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12775
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt09489
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12775
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYExcessBenefitTransInd00
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-169878
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt012264
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt02022 IS THE ORGANIZATION'S FIRST YEAR OF OPERATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, SHORT YEAR EXPLANATION:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0200000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0200000
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt012264
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt018825
IRS990ScheduleA/OtherIncome170Grp/TotalAmt018825
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0200000
IRS990ScheduleA/TotalSupportAmt0218825
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
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0284126
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0URBANE DEVELOPMENT GROUP LTD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0PROVIDE OPERATIONAL AND MANAGEMENT SUPPORTING SERVICES
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0284126
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0JAMES JOHNSON-PIETT IS THE SOLE SHAREHOLDER OF URBANE DEVELOPMENT GROUP LTD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt0284126
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED BY THE OFFICERS OF THE ORGANIZATION PRIOR TO SUBMITTING TO THE DEPARTMENT OF TREASURY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DURING END OF YEAR BOARD MEETINGS, CONFLICT OF INTEREST POLICIES ARE SIGNED BY THE OFFICERS AND ARE MONITORED THROUGHOUT THE YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S PRESIDENT AND OFFICERS ARE REVIEWED AND APPROVED BY THE BOARD. IN 2022, THE PRESIDENT AND OFFICERS DID NOT RECEIVE COMPENSATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESSES OF THE AUDIT COMMITTEE HAVE NOT CHANGED SINCE LAST YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5JAMES JOHNSON-PIETT, PRESIDENT, OF MANGROVE COMMUNITY WEALTH INC "MANGROVE" IS ALSO A 100% SHAREHOLDER/OWNER OF URBANE DEVELOPMENT GROUP LTD "URBANE", A S-CORPORATION. DURING MANGROVE'S INITIAL YEAR OF OPERATIONS, URBANE PROVIDED MANAGERIAL STAFFING SUPPORT TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5SCHEDULE L PART II AND SCHEDULE R PART IV AND V
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0263715677
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0S
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct01.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0REAL ESTATE MANAGEMENT
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0URBANE DEVELOPMENT GROUP LTD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0135 MADISON AVENUE 8TH FLOOR
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0NEW YORK
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0NY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd010016
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0284126
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0URBANE DEVELOPMENT GROUP LTD
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0M
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0DE
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt0114248
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt0114248
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0200000
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt019991
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt061097
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0319879
IRS990/TotalFunctionalExpensesGrp/TotalAmt0400967
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0284126
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0284126
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-169878
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0319879
IRS990/TotalProgramServiceRevenueAmt012264
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt018825
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt012264
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0231089
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt03
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0114248
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt0104
IRS990/TravelGrp/ManagementAndGeneralAmt0313
IRS990/TravelGrp/ProgramServicesAmt01672
IRS990/TravelGrp/TotalAmt02089
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0135 MADISON AVE 8TH FLOOR
IRS990/USAddress/CityNm0NEW YORK
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd010016
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0HTTPS://FLATBUSHCENTRAL.COM
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES JOHNSON-PIETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum02158681680
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MANGROVE COMMUNITY WEALTH INC
ReturnHeader/Filer/BusinessNameControlTxt0MANG
ReturnHeader/Filer/EIN0874373793
ReturnHeader/Filer/PhoneNum02158681680
ReturnHeader/Filer/USAddress/AddressLine1Txt0135 MADISON AVE 8TH FLOOR
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010016
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271787058
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROBERT P RUSSO CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0231 W 29TH ST STE 402
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010001
ReturnHeader/PreparerPersonGrp/PhoneNum02122799800
ReturnHeader/PreparerPersonGrp/PreparationDt02023-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT P RUSSO CPA PC
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-11-15T13:50:29-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0JOHNSON-PIETT
ReturnHeader/TaxPeriodBeginDt02022-02-17
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

Document Assets

No mirrored PDF or thumbnail assets are attached yet.