Civic Intelligence

Sm Charities Inc.

990 • Fiscal year 2024 • EIN 93-4107398

May 01, 2023 to Apr 30, 2024 • Filed on Sep 25, 2024

CO Richard Seelig 31 Aldridge RoaChappaqua, NY 10514

(212) 766-0600

Siviq Scores

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

Liabilities / Assets

64th percentile

0.00x

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

2024 filings • NTEE O • <$500k nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.00x

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

2024 filings • NTEE O • <$500k nonprofits • Source year 2024

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2024 filings • NTEE O • <$500k nonprofits • Source year 2024

Top Officer Pay

89th percentile

$18,077

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 72.3% of source-year revenue.

2024 filings • NTEE O • <$500k nonprofits • Source year 2024

Asset Growth

Score unavailable

No value available

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

Source year 2024

Revenue Growth

Score unavailable

No value available

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

Source year 2024

Assets

$25,000

No earlier filing loaded for comparison.

Net Assets

$25,000

No earlier filing loaded for comparison.

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

$25,000

No earlier filing loaded for comparison.

Expenses

$0

No earlier filing loaded for comparison.

Net Income

$25,000

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2024: $25,000Liabilities 2024: $0Net Assets 2024: $25,0002024Assets 2025: $4,055Liabilities 2025: $0Net Assets 2025: $4,0552025

Highlighted filing

2024

Assets$25,000
Liabilities$0
Net Assets$25,000

Operations Trend

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

$100K$50K$0-$50KRevenue 2024: $25,000Expenses 2024: $0Net Income 2024: $25,0002024Revenue 2025: $71,985Expenses 2025: $92,930Net Income 2025: -$20,9452025

Highlighted filing

2024

Revenue$25,000
Expenses$0
Net Income$25,000
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
Sep 25, 2024
Return Version
2023v5.1
Gross Receipts
$25,000
Mission and Program Overview

Mission

SEE ATTACHED STATEMENT 1

Combating juvenile delinquency through athletics, aimed at improving the well-being of young individuals and the overall health of the communities. Activities that address social issues, promote positive outcomes, amd alleviate suffering and disadvantage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$0$25,000▲ $25,000
Rtn Earn Endowment Incm Other Fnds$0$25,000▲ $25,000
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$25,000▲ $25,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$25,000▲ $25,000
Total Liabilities and Net Assets / Fund Balance$0$25,000▲ $25,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Vinod OchaniDirectorPT$18,077$18,077
Adam DresslerDirectorPT$18,076$18,076
Richard SeeligDirectorPT$10,846$10,846

Board Members and Trustees

NameTitle
Justin KramerDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$25,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$25,000
Change in Net Assets
$25,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0
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 A, Line 2

Vinod ochani's, adam dressler's, and richard seelig's law firms are partners in a joint venture (seelig, dressler, and ochani, llc) vinod ochani, justin kramer, adam dressler, and richard seelig are members of storm marketing llc vinod ochani, adam dressler, and richard seelig are members of 80-74 hommelawn llc

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

Management reviews all classifications of income and expense before final copy is filed. Director is currently residing at 31 aldridge road, chappaqua ny 10514

Form 990, Part VI, Section C, Line 19

AVAILBALE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Sm Charities Inc
EIN
93-4107398
Phone
2127660600
Address
CO RICHARD SEELIG 31 ALDRIDGE ROA, CHAPPAQUA, NY 10514

Signing Officer

Name
Richard Seelig
Title
Director
Phone
2127660600
Signed
2024-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Richard Seelig
Formed
2023
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
0

Preparer

Firm
Lipsky Goodkin & Co Pc
Address
120 WEST 45TH STREET 7TH FL, NEW YORK, NY 10036
Preparer
Rich Vena
Phone
2128406444
Supplemental Narrative

Additional Explanations

Form 990, Part III (statement 1)

Juvenile delinquency can have lasting negative effect on the lives of young offenders. These experiences can limit their personal and educational development,thereby limiting future opportunities. If the juveniles do not receive intervention and support, they may follow through with these criminal activities into adulthood. Efforts to address juvenile delinquency typically focus on prevention, intervention and rehabilitation. Sports can play a significant role in addressing and preventing juvenile delinquency by providing a range of physical, psychological and social benefits for young individuals. Here is how sports can help: 1. Physical health and fitness 2. Structured activity 3. Teamwork and social skills 4. Discipline and responsibility 5. Goal setting 6. Positive role models 7. Self esteem and confidence 8. Conflict resolution 9. Community engagement 10. Alternative to negative peer pressure 11. Rehabilitation and reintegration student athletes sill help mentor the juveniles ages 13-21. The funding will go toward paying the student athletes that participate in the program with the juveniles. There will be opportunities for the athletes to play sports and run clinics with the juveniles sharing their skills and experiences.

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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/ActivityOrMissionDesc0COMBATING JUVENILE DELINQUENCY THROUGH ATHLETICS, AIMED AT IMPROVING THE WELL-BEING OF YOUNG INDIVIDUALS AND THE OVERALL HEALTH OF THE COMMUNITIES. ACTIVITIES THAT ADDRESS SOCIAL ISSUES, PROMOTE POSITIVE OUTCOMES, AMD ALLEVIATE SUFFERING AND DISADVANTAGE.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0JUVENILE DELINQUENCY CAN HAVE LASTING NEGATIVE EFFECT ON THE LIVES OF YOUNG OFFENDERS. THESE EXPERIENCES CAN LIMIT THEIR PERSONAL AND EDUCATIONAL DEVELOPMENT,THEREBY LIMITING FUTURE OPPORTUNITIES. IF THE JUVENILES DO NOT RECEIVE INTERVENTION AND SUPPORT, THEY MAY FOLLOW THROUGH WITH THESE CRIMINAL ACTIVITIES INTO ADULTHOOD. EFFORTS TO ADDRESS JUVENILE DELINQUENCY TYPICALLY FOCUS ON PREVENTION, INTERVENTION AND REHABILITATION. SPORTS CAN PLAY A SIGNIFICANT ROLE IN ADDRESSING AND PREVENTING JUVENILE DELINQUENCY BY PROVIDING A RANGE OF PHYSICAL, PSYCHOLOGICAL AND SOCIAL BENEFITS FOR YOUNG INDIVIDUALS. HERE IS HOW SPORTS CAN HELP: 1. PHYSICAL HEALTH AND FITNESS 2. STRUCTURED ACTIVITY 3. TEAMWORK AND SOCIAL SKILLS 4. DISCIPLINE AND RESPONSIBILITY 5. GOAL SETTING 6. POSITIVE ROLE MODELS 7. SELF ESTEEM AND CONFIDENCE 8. CONFLICT RESOLUTION 9. COMMUNITY ENGAGEMENT 10. ALTERNATIVE TO NEGATIVE PEER PRESSURE 11. REHABILITATION AND REINTEGRATION STUDENT ATHLETES SILL HELP MENTOR THE JUVENILES AGES 13-21. THE FUNDING WILL GO TOWARD PAYING THE STUDENT ATHLETES THAT PARTICIPATE IN THE PROGRAM WITH THE JUVENILES. THERE WILL BE OPPORTUNITIES FOR THE ATHLETES TO PLAY SPORTS AND RUN CLINICS WITH THE JUVENILES SHARING THEIR SKILLS AND EXPERIENCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1VINOD OCHANI'S, ADAM DRESSLER'S, AND RICHARD SEELIG'S LAW FIRMS ARE PARTNERS IN A JOINT VENTURE (SEELIG, DRESSLER, AND OCHANI, LLC) VINOD OCHANI, JUSTIN KRAMER, ADAM DRESSLER, AND RICHARD SEELIG ARE MEMBERS OF STORM MARKETING LLC VINOD OCHANI, ADAM DRESSLER, AND RICHARD SEELIG ARE MEMBERS OF 80-74 HOMMELAWN LLC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MANAGEMENT REVIEWS ALL CLASSIFICATIONS OF INCOME AND EXPENSE BEFORE FINAL COPY IS FILED. DIRECTOR IS CURRENTLY RESIDING AT 31 ALDRIDGE ROAD, CHAPPAQUA NY 10514
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3AVAILBALE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART III (STATEMENT 1)
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
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IRS990ScheduleR/IdRelatedOrgTxblPartnershipGrp/PrimaryActivitiesTxt2RENTAL REAL ESTATE
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02127660600
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SM CHARITIES INC
ReturnHeader/Filer/BusinessNameControlTxt0SMCH
ReturnHeader/Filer/EIN0934107398
ReturnHeader/Filer/PhoneNum02127660600
ReturnHeader/Filer/USAddress/AddressLine1Txt0CO RICHARD SEELIG 31 ALDRIDGE ROA
ReturnHeader/Filer/USAddress/CityNm0CHAPPAQUA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010514
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132672154
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0LIPSKY GOODKIN & CO PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 WEST 45TH STREET 7TH FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010036
ReturnHeader/PreparerPersonGrp/PhoneNum02128406444
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICH VENA
ReturnHeader/ReturnTs02024-09-25T13:04:52-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-05-01
ReturnHeader/TaxPeriodEndDt02024-04-30
ReturnHeader/TaxYr02023

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