ACCOMPANY CAPITAL INC: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- ACCOMPANY CAPITAL INC (EIN 81-0584343)
- Tax period
- 2020-10-01 to 2021-09-30
- Filed
- 2022-08-08
- IRS object ID
- 202232209349300338
- Schema version
- 2020v4.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-08T12:18:50-07:00 | ReturnTs |
| Tax Period End | 2021-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134036703 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SCHALL & ASHENFARB CPAS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 307 FIFTH AVE 15TH FL | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10016 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 810584343 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Accompany Capital Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ACCO | BusinessNameControlTxt |
| Phone | 2128984112 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 Broadway Suite 1515 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Yanki Tshering | PersonNm |
| Person Title | Executive Dir. | PersonTitleTxt |
| Signature | 2022-08-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Yanki | PersonFirstNm |
| Person Last | Tshering | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Michael Schall | PreparerPersonNm |
| PTIN | P02024184 | PTIN |
| Phone | 2122682800 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Principal Officer | Kwame K Marfo | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 Broadway Suite 1515 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $6,735,687 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | accompanycapital.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2002 | FormationYr |
| Legal Domicile State | NY | LegalDomicileStateCd |
| Activity Or Mission | Create a pathway to prosperity for New York area immigrant, refugee, and underserved entrepreneurs, through access to affordable credit, financial education, training in technology, and best businesses practices. | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 18 | TotalEmployeeCnt |
| Total Volunteers | 19 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| PY Contributions Grants | $3,634,928 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,720,497 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $179,598 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $594,400 | CYProgramServiceRevenueAmt |
| PY Investment Income | $511,183 | PYInvestmentIncomeAmt |
| CY Investment Income | $417,059 | CYInvestmentIncomeAmt |
| PY Other Revenue | $12,266 | PYOtherRevenueAmt |
| CY Other Revenue | $3,731 | CYOtherRevenueAmt |
| PY Total Revenue | $4,337,975 | PYTotalRevenueAmt |
| CY Total Revenue | $6,735,687 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $196,165 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,983,687 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,445,323 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,616,060 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $220,972 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,984,564 | PYOtherExpensesAmt |
| CY Other Expenses | $1,015,415 | CYOtherExpensesAmt |
| PY Total Expenses | $3,626,052 | PYTotalExpensesAmt |
| CY Total Expenses | $4,615,162 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $711,923 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $2,120,525 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $14,734,074 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,866,704 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $8,344,287 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,187,366 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $6,389,787 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $8,679,338 | NetAssetsOrFundBalancesEOYAmt |
| Mission | Accompany Capital creates a pathway to prosperity for New York area immigrant, refugee, and underserved entrepreneurs, supporting them as they launch and growtheir businesses with access to affordable credit, financial education, training in technology, and best business practices. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $2,255,574 | ExpenseAmt |
| Grant | $1,983,687 | GrantAmt |
| Desc | Accompany Capital assisted micro and small business owners to access $13.5M in COVID19 relief in the form of debt relief, interest relief, grants, and low cost loansfrom the SBA, New York State, New York City, corporate, and private donors for COVID-19 relief programs. A total of 6,204 hours of small group training and individualized assistance to 1,059 clients were also provided in FY 2021. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,495,179 | ExpenseAmt |
| Revenue | $594,400 | RevenueAmt |
| Desc | Accompany Capital's loan program awarded 319 micro and small business loans with avalue of $7,219,523 to immigrant, refugee, and women micro-entrepreneurs. Accompany Capital worked with clients from 63 countries; 81% of all loans went to minority entrepreneurs and 43% were granted to women; 21 new businesses were started and 669 businesses were expanded or strengthened. As a result, 29 full-time and 60 part-time jobs were created and 1,380 jobs were retained, supporting the economic development of communities throughout the city. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,750,753 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (true) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | false | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | Yes (true) | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 37 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 18 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | false | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Form8282 Filed | 0 | Form8282FiledCnt |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Yanki Tshering | PersonNm |
| Phone | 2128984112 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 11 Broadway Suite 1515 | AddressLine1Txt |
| City | New York | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd |
|---|---|---|---|---|---|---|---|
| Yanki Tshering | |||||||
| Executive Dir. | 35.00 | 0.00 | Yes (X) | $182,921 | $0 | $29,838 | |
| Leonid Ostrosvky | |||||||
| Chief Lending Off. | 35.00 | 0.00 | $124,613 | $0 | $23,443 | ||
| Kwame K Marfo | |||||||
| Chair | 1.25 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Stan Kosyakovskiy CPA | |||||||
| Treasurer | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Colleen Galvin | |||||||
| Secretary | 0.50 | 0.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| Kate Hao | |||||||
| Director | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Peter Brest | |||||||
| Director | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Michelle Danso | |||||||
| Director | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Tim Zhakselekov | |||||||
| Director | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Dave Sidhu | |||||||
| Director | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Carolina Simon | |||||||
| Director | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Larry Rubenstein | |||||||
| Director | 0.50 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Joan Carty | |||||||
| Director | 0.30 | 0.00 | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $307,534 | TotalReportableCompFromOrgAmt |
| Total Other Compensation | $53,281 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 2 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (true) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $4,091,442 | GovernmentGrantsAmt |
| All Other Contributions | $1,629,055 | AllOtherContributionsAmt |
| Total Contributions | $5,720,497 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Program Fees | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $594,400 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $594,400 | RelatedOrExemptFuncIncomeAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $594,400 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $417,059 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $417,059 | RelatedOrExemptFuncIncomeAmt |
Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income From Gaming NetIncomeFromGamingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $0 | TotalRevenueColumnAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Other Income | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $3,731 | TotalRevenueColumnAmt |
| Exclusion | $3,731 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $3,731 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,735,687 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $1,011,459 | RelatedOrExemptFuncIncomeAmt |
| Exclusion | $3,731 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,839,706 | TotalAmt |
| Program Services | $1,839,706 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $143,981 | TotalAmt |
| Program Services | $143,981 | ProgramServicesAmt |
Foreign Grants ForeignGrantsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Benefits To Members BenefitsToMembersGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $223,687 | TotalAmt |
| Program Services | $55,921 | ProgramServicesAmt |
| Management And General | $55,921 | ManagementAndGeneralAmt |
| Fundraising | $111,845 | FundraisingAmt |
Comp Disqual Persons CompDisqualPersonsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,073,579 | TotalAmt |
| Program Services | $972,720 | ProgramServicesAmt |
| Management And General | $73,904 | ManagementAndGeneralAmt |
| Fundraising | $26,955 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $102,647 | TotalAmt |
| Program Services | $92,521 | ProgramServicesAmt |
| Management And General | $7,201 | ManagementAndGeneralAmt |
| Fundraising | $2,925 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $115,119 | TotalAmt |
| Program Services | $99,515 | ProgramServicesAmt |
| Management And General | $9,248 | ManagementAndGeneralAmt |
| Fundraising | $6,356 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $101,028 | TotalAmt |
| Program Services | $81,399 | ProgramServicesAmt |
| Management And General | $9,754 | ManagementAndGeneralAmt |
| Fundraising | $9,875 | FundraisingAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,146 | TotalAmt |
| Management And General | $6,146 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,586 | TotalAmt |
| Management And General | $152,586 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $325,537 | TotalAmt |
| Program Services | $116,811 | ProgramServicesAmt |
| Management And General | $162,923 | ManagementAndGeneralAmt |
| Fundraising | $45,803 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,521 | TotalAmt |
| Program Services | $40,025 | ProgramServicesAmt |
| Management And General | $39,496 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,160 | TotalAmt |
| Program Services | $18,660 | ProgramServicesAmt |
| Management And General | $2,237 | ManagementAndGeneralAmt |
| Fundraising | $2,263 | FundraisingAmt |
Royalties RoyaltiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $152,954 | TotalAmt |
| Program Services | $123,237 | ProgramServicesAmt |
| Management And General | $14,767 | ManagementAndGeneralAmt |
| Fundraising | $14,950 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $26,426 | TotalAmt |
| Program Services | $4,563 | ProgramServicesAmt |
| Management And General | $21,863 | ManagementAndGeneralAmt |
Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $78,664 | TotalAmt |
| Program Services | $77,914 | ProgramServicesAmt |
| Management And General | $750 | ManagementAndGeneralAmt |
Payments To Affiliates PaymentsToAffiliatesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,354 | TotalAmt |
| Program Services | $1,354 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,384 | TotalAmt |
| Management And General | $12,384 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| Awards/Competition | $67,858 | $62,000 | $5,858 |
| Miscellaneous expenses | $49,496 | $3,189 | $46,307 |
| Dues and Subscriptions | $20,192 | $17,237 | $2,955 |
| Bank Charges and processing | $10,066 | $10,066 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,071 | TotalAmt |
| Management And General | $9,071 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,615,162 | TotalAmt |
| Program Services | $3,750,753 | ProgramServicesAmt |
| Management And General | $643,437 | ManagementAndGeneralAmt |
| Fundraising | $220,972 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,030,098 | BOYAmt |
| EOY | $10,195,010 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $260,414 | BOYAmt |
| EOY | $616,268 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Receivables From Officers Etc ReceivablesFromOfficersEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,383,750 | BOYAmt |
| EOY | $6,934,481 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,264 | BOYAmt |
| EOY | $42,688 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $9,478 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,636 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $9,196 | BOYAmt |
| EOY | $7,842 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Intangible Assets IntangibleAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,352 | BOYAmt |
| EOY | $70,415 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,734,074 | BOYAmt |
| EOY | $17,866,704 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $150,043 | BOYAmt |
| EOY | $164,828 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $911,825 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,329,634 | BOYAmt |
| EOY | $3,258,935 | EOYAmt |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,640,362 | BOYAmt |
| EOY | $4,642,057 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $224,248 | BOYAmt |
| EOY | $209,721 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,344,287 | BOYAmt |
| EOY | $9,187,366 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,128,242 | BOYAmt |
| EOY | $7,587,030 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $261,545 | BOYAmt |
| EOY | $1,092,308 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,389,787 | BOYAmt |
| EOY | $8,679,338 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,734,074 | BOYAmt |
| EOY | $17,866,704 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $2,120,525 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $169,026 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | Yes (true) | FederalGrantAuditRequiredInd |
| Federal Grant Audit Performed | Yes (true) | FederalGrantAuditPerformedInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,248,638 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,398,383 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,002,793 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,634,928 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,720,497 | CurrentTaxYearAmt |
| Total | $17,005,239 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,248,638 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,398,383 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,002,793 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,634,928 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,720,497 | CurrentTaxYearAmt |
| Total | $17,005,239 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,625,145 | SubstantialContributorsTotAmt |
| Public Support Total170 | $15,380,094 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $259,471 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $304,590 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $444,480 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $511,183 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $417,059 | CurrentTaxYearAmt |
| Total | $1,936,783 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $19,223 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,495 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $13,815 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $12,266 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $3,731 | CurrentTaxYearAmt |
| Total | $56,530 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $18,998,552 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $1,042,007 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.80950 | PublicSupportCY170Pct |
| Public Support PY170 | 0.80260 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $9,478 | OtherCostOrOtherBasisAmt |
| Depreciation | $1,636 | DepreciationAmt |
| Book Value | $7,842 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $7,842 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Wealf Payable | Desc |
| Amt | $209,721 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $209,721 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $6,735,687 | TotalRevEtcAuditedFinclStmtAmt |
| Revenue Subtotal | $6,735,687 | RevenueSubtotalAmt |
| Total Revenue Per Form990 | $6,735,687 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,615,162 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Subtotal | $4,615,162 | ExpensesSubtotalAmt |
| Total Expenses Per Form990 | $4,615,162 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part X : FIN48 Footnote | FormAndLineReferenceDesc |
| Explanation | The Organization does not believe its financial statements include any material, uncertain tax positions. Tax filings for periods ending September 30, 2018 and later are subject to examination by applicable taxing authorities. | ExplanationTxt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|
| Astoria Bier And Cheese Inc | |||||||
| 3414 Broadway | Astoria | NY | 11106 | 455399180 | $20,000 | $0 | Queens Small Business Cash Grants |
| Cafe Bench Inc | |||||||
| 19407 Northern Blvd | Flushing | NY | 11358 | 275488488 | $20,000 | $0 | Queens Small Business Cash Grants |
| Dhaka Inc | |||||||
| 7010 Grand Ave | Maspeth | NY | 11378 | 833890764 | $20,000 | $0 | Queens Small Business Cash Grants |
| Friends Corner Cafe Inc | |||||||
| 7417 Roosevelt Ave | Jackson Heights | NY | 11372 | 455096440 | $20,000 | $0 | Queens Small Business Cash Grants |
| Laliguras Restaurant Inc | |||||||
| 3763A 76th Street | Jackson Heights | NY | 11372 | 263347498 | $20,000 | $0 | Queens Small Business Cash Grants |
| Momo Crave LLC | |||||||
| 3720 81st Street Apt 2R | Jackson Heights | NY | 11372 | 823586570 | $20,000 | $0 | Queens Small Business Cash Grants |
| Pata Pa-Plean Corp | |||||||
| 76-21 Woodside Ave | Elmhurst | NY | 11373 | 454300322 | $20,000 | $0 | Queens Small Business Cash Grants |
| Plaza Cafe Corp | |||||||
| 118-33 Queens Blvd | Forest Hills | NY | 11375 | 320472307 | $20,000 | $0 | Queens Small Business Cash Grants |
| Rapawzel Grooming Services | |||||||
| 3187 29th Street | Astoria | NY | 11106 | 815092521 | $20,000 | $0 | Queens Small Business Cash Grants |
| Real Spice Kitchen Inc | |||||||
| 71-04 Grand Avenue | Maspeth | NY | 11378 | 811283099 | $20,000 | $0 | Queens Small Business Cash Grants |
| Sarajevo Fast Food Inc | |||||||
| 3718 34th Ave | LIC | NY | 11101 | 113631597 | $20,000 | $0 | Queens Small Business Cash Grants |
| See attachment | |||||||
| 11 Broadway Suite 1515 | New York | NY | 10004 | 810584343 | $1,409,775 | $0 | Queens Small Business Cash Grants |
| Sibeca Corporation | |||||||
| 40-19 Broadway | Astoria | NY | 11103 | 113351479 | $20,000 | $0 | Queens Small Business Cash Grants |
| Stray Vintage & More LLC | |||||||
| 48-09 Skillman Ave | Sunnyside | NY | 11104 | 753221343 | $20,000 | $0 | Queens Small Business Cash Grants |
| Streeteatz LLC DBA La Vecina | |||||||
| 30-66 Steinway Street | Astoria | NY | 11103 | 821007554 | $20,000 | $0 | Queens Small Business Cash Grants |
| Tung Thong Inc | |||||||
| 7204 Forest Ave | Ridgewood | NY | 11385 | 823831300 | $20,000 | $0 | Queens Small Business Cash Grants |
| USA Lanka Inc | |||||||
| 8801 182nd Place | Jamaica | NY | 11423 | 273265051 | $20,000 | $0 | Queens Small Business Cash Grants |
| Zebra H2O Corp | |||||||
| 79-17 Rossevelt Ave | Jackson Heights | NY | 11372 | 464607274 | $20,000 | $0 | Queens Small Business Cash Grants |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 0 | Total501c3OrgCnt |
| Total Other Org | 91 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| Small Business Cash Grants | 17 | $76,732 |
| Debt Relief Grants | 21 | $35,246 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Grantmaker's Description of How Grants are Used | FormAndLineReferenceDesc |
| Explanation | Grants to small businesses were contributed by funders to provide debt, rent, or interest relief. Personal information, demographic data, and proof of receipt of all grants were required to be recorded and reported. In the case of one program, surveys on the impact of the grant were conducted in 30, 60, and 90 days. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | false | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | false | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | false | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | false | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | false | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | false | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | false | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | false | AnyNonFixedPaymentsInd |
| Initial Contract Exception | false | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Yanki Tshering | PersonNm |
| Title | Executive Dir. | TitleTxt |
| Base Compensation Filing Org | $165,766 | BaseCompensationFilingOrgAmt |
| Bonus Filing Organization | $17,155 | BonusFilingOrganizationAmount |
| Deferred Compensation Flng Org | $17,669 | DeferredCompensationFlngOrgAmt |
| Nontaxable Benefits Filing Org | $12,169 | NontaxableBenefitsFilingOrgAmt |
| Total Compensation Filing Org | $212,759 | TotalCompensationFilingOrgAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Line 11b: Form 990 Review Process | Management reviewed a draft of the form 990 with the audit/finance committee and provided edits to the tax preparer. After this process was performed, the form 990 was sent to the full board of directors prior to being filed with the IRS. |
| Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts | The organization has a board approved conflict of interest policy. Each board member must fill out an annual declaration stating they had no conflicts or identifying the nature of their interested party transactions. |
| Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management | Each year, the executive committee reviews comparable salaries based on a recognized study and reviews the performance of the executive director to determine if the existing salary falls within these ranges. After a deliberation of this matter, a new proposed salary and benefit package is voted on. |
| Form 990, Part VI, Line 19: Other Organization Documents Publicly Available | Financial statements are available upon request. |
| Other Changes In Net Assets Or Fund Balances - Other Increases | Change in assessment of allowance for doubtful accounts = $169026 |
| Part III, Line 4a Supplemental Information | Accompany Capital, Inc. provides: Loans for small businesses that range from $500 to $250,000Financial literacy and business management workshops Individualized coaching and technical assistance for micro-entrepreneursCredit repair services and credit building loans Home ownership training that connects clients with down payment assistance programs Incentivized savings program for refugees through Individual Development Accounts During FY 21, Accompany Capital, Inc:Awarded 319 micro and small business loans with a value of $7,219,523 to immigrant, refugee, and women micro-entrepreneurs. Eighty-one percent of loans went to minority entrepreneurs, with 43% granted to women. Helped entrepreneurs start 21 new businesses and expand and strengthen 669 businesses. As a result, 29 full-time and 60 part-time jobs were created and 1,380 jobs were retained, supporting the economic development of communities throughout the cityProvided a total of 33 workshops on small business management, financial literacy, social media marketing and home ownership, with a total of 731 participants. Provided 6,204 hours of small group training and individualized assistance to 1,059 clientsAssisted 680 businesses through business plan development, credit review and repair, cash flow analysis and preparing business loan applicationsAssisted micro and small business owners to access $13.5M in COVID-19 relief in the form of debt relief, interest relief, grants, and low cost loans from the SBA and New York State COVID-19 relief programsAccompany Capital, Inc. is certified as a Community Development Financial Institution (CDFI) by the US Department of the Treasury. The Organization is also certified as a Small Business Administration Intermediary Microlender and a Community Advantage Lender by the U. S. Small Business Administration (SBA). |
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