Civic Intelligence

Grayes Foundation Inc.

EIN 88-3174399 • 501(c)3 • Brooklyn, NY

Pub. 78 EligibleNTEE T99

Profile

Free, discounted, or subsidized marketing and branding services to small businesses. Focus on those who are disadvantaged. Through advising, consulting, and analysis in a case-by-case basis. Through fund-raising and community-service initiatives.

55 Poplar Street 3HBrooklyn, NY 11201

n/A

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

14th percentile

-50%

Higher net margin than 14% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

84th percentile

$0

Higher top officer pay than 84% of similar nonprofits.

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

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

Asset Growth

16th percentile

-58%

Faster asset growth than 16% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

28th percentile

-25%

Faster revenue growth than 28% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$63,677

Up $54,775 (+615%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Up

$63,677

Up $54,775 (+615%) from 2023

Revenue

Up

$151,873

Up $127,257 (+517%) from 2023

Expenses

Up

$97,098

Up $60,289 (+164%) from 2023

Net Income

Up

$54,775

Up $66,968 (+549%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2022: $21,095Net Assets 2022: $21,0952022Assets 2023: $8,902Net Assets 2023: $8,9022023Assets 2024: $63,677Net Assets 2024: $63,6772024

Highlighted filing

2024

Assets$63,677
Liabilities-
Net Assets$63,677

Operations Trend

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

$200K$150K$100K$50K$0-$50KRevenue 2022: $32,765Expenses 2022: $11,670Net Income 2022: $21,0952022Revenue 2023: $24,616Expenses 2023: $36,809Net Income 2023: -$12,1932023Revenue 2024: $151,873Expenses 2024: $97,098Net Income 2024: $54,7752024

Highlighted filing

2024

Revenue$151,873
Expenses$97,098
Net Income$54,775

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Feb 12, 2025
Return Version
2024v5.0
Gross Receipts
$151,873
Mission and Program Overview

Mission

Free, discounted, or subsidized marketing and branding services to small businesses. Focus on those who are disadvantaged. Through advising, consulting, and analysis in a case-by-case basis. Through fund-raising and community-service initiatives.

Program Services

DescriptionGrantsExpenses
Meeting of directors. Marketing plan. Financing plan. Partnering with large corporations to give access to marketing internships of minority students. Held second event.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Andre G GrayPresident-$0--
Damien W EscobarVice President-$0--
Perry W FairVice President-$0--
Filing and Contact Details

Filer

Filer Name
Grayes Foundation Inc
EIN
88-3174399
Phone
4154812915
Address
55 Poplar Street 3H, Brooklyn, NY 11201

Signing Officer

Name
Andre G Gray
Title
President
Signed
2025-02-12
Discuss with paid preparer
Yes

Preparer

Firm
Smaart LLC
Address
2319 N Andrews Ave, Wilton Manors, FL 33311
Preparer
Ray Dominguez
Phone
3058193675
Supplemental Narrative

Additional Explanations

Other Expenses.1002

Office Expenses $321

Other Expenses.1005

Travel $51659

Other Expenses.1007

Conferences, Conventions, and Meetings $597

Other Expenses.1

Contracted Talent $18062

Other Expenses.2

Contractors $16560

Raw XML Appendix145 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/PersonNm0SMAART LLC
IRS990EZ/BooksInCareOfDetail/PhoneNum07868932849
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt02319 N Andrews Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Fort Lauderdale
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0FL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd033311
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt08902
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt063677
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt0151873
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt054775
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09899
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt08902
IRS990EZ/Form990TotalAssetsGrp/EOYAmt063677
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0151873
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt08902
IRS990EZ/NetAssetsOrFundBalancesEOYAmt063677
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt08902
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt063677
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Andre G Gray
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Damien W Escobar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Perry W Fair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt087199
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Free, discounted, or subsidized marketing and branding services to small businesses. Focus on those who are disadvantaged. Through advising, consulting, and analysis in a case-by-case basis. Through fund-raising and community-service initiatives.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0Meeting of directors. Marketing plan. Financing plan. Partnering with large corporations to give access to marketing internships of minority students. Held second event.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt097098
IRS990EZ/TotalRevenueAmt0151873
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0151873
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024616
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0186489
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal509Amt0186489
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0151873
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt024616
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/Total509Grp/TotalAmt0186489
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0151873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt024616
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0186489
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
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Office Expenses $321
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Travel $51659
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Conferences, Conventions, and Meetings $597
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Contracted Talent $18062
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Contractors $16560
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1002
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1007
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Andre G Gray
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Grayes Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0GRAY
ReturnHeader/Filer/EIN0883174399
ReturnHeader/Filer/PhoneNum04154812915
ReturnHeader/Filer/USAddress/AddressLine1Txt055 Poplar Street 3H
ReturnHeader/Filer/USAddress/CityNm0Brooklyn
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0824508435
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Smaart LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02319 N Andrews Ave
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Wilton Manors
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033311
ReturnHeader/PreparerPersonGrp/PhoneNum03058193675
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Ray Dominguez
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-02-12T05:36:03-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.