Bent on Learning INC EIN 54-2154416 Form 990 (PDF) Claim this org

Bent on Learning INC FY2020 filing

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Teaches NYC students yoga and meditation to boost fitness and focus. For fiscal year 2020 it reported $377K in revenue, $372K in expenses, and $32K in net assets.Pt I

Type
Public charity (501(c)(3)) · Youth Development
Location
New York, NY
Website
www.bentonlearning.org
Filings
4 on file (2020–2020)
Revenue
$377KFY2020
Expenses
$372K
Net assets
$32K
People
9
Filings
4
Updates
0
More identity details & actions ⌄
EIN  54-2154416 Public charity (501(c)(3)) New York, NY
Form 990 (PDF)
You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2023) →
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Size
$100K–1M
What they do
Teaches NYC students yoga and meditation to boost fitness and focus.
Leadership
Anne Desmond · Executive Director · $135K
Money in and out
$377K revenue, $372K expenses
Bottom line
67% program efficiency
Where the money goes · FY2020
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$372K
Pt IX · Ln 25
Net assets
$32K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $5K
Where spending went · Part IX cols B–D
Program services $0.67 Management & general $0.09 Fundraising $0.24
Program efficiency
67%
of spending reaches programs
Operating runway
4.9mo
months of highly liquid reserves at operating expense rate
Surplus margin
+1%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2020 · Form 990
Revenue
$377K
FY2020
Expenses
$372K
FY2020
Total assets
$171K
FY2020
Total liabilities
$139K
FY2020
Total revenue
$377K
Pt VIII · Ln 12
Total expenses
$372K
Pt IX · Ln 25
Net assets
$32K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$5K
Total assetsPt X · Ln 16$171K
Program-expense ratioPt IX · col B67%
Voting members of governing bodyPt I · Ln 39
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $248K of program spending, described in the organization's own filed words · FY2019.
01

Bent on Learning offers yoga classes to students in grades K-12 in public schools throughout New York City. We also offer workshops to teachers to incorporate simple yoga techniques and mindfulness training into thier teaching.

$248Kprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CBent on Learning INC
EINHdr · item D54-2154416
Principal addressHdr · item CNew York, NY
WebsiteHdr · item Jwww.bentonlearning.org
Year of formationHdr · item Lpending
State of legal domicileHdr · item MNY
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFYouth Development (O50)
Ruling yearIRS BMFOct 2005

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a9
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
Executive Director
$135,000Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Anne Desmond’s $135K as Executive Dir. is at the 97th percentile of top reported officer pay among 1984 $100K–1M youth development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2023FY2022FY2021FY2020
Anne Desmond$135,000$135,000$135,000
Anne Desmond$135,000

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Contributions & grants$332K · 88%
Program service revenue$36K · 9%
Other revenue$9K · 2%
Contributions & grants88%$332K
Program service revenue9%$36K
Other revenue2%$9K
Total revenueLn 12$377K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.67 Management & general $0.09 Fundraising $0.24
Program services67%$248K
Management & general9%$35K
Fundraising24%$89K
Total functional expensesLn 25$372K

Balance Sheet

Part X · end of year
CashLn 1$153K
Total assetsLn 16$171K
Total liabilitiesLn 26$139K
Total net assetsLn 32$32K
Months of cash on handcomputed4.9

Financial Metrics

Form 990 · FY2020 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $153K · Operating expenses/yr $372K
4.9 months
Where the money goes
Program services
Program services $248K · Total expenses $372K
67%
Management & General
Management & general $35K · Total expenses $372K
9%
Fundraising
Fundraising $89K · Total expenses $372K
24%
Cost to raise $1
Fundraising expense $89K · Solicited contributions $332K
$0.27 to raise $1
Where the money comes from
Contribution dependence
Contributions & grants $332K · Total revenue $377K
88%
Government reliance
Government grants — · Total revenue $377K
Earned-income share
Program service revenue $36K · Total revenue $377K
9%
Investment reliance
Investment income $0 · Total revenue $377K
0%
Program self-sufficiency
Program service revenue $36K · Total expenses $372K
10%
Growth & trend
Revenue growth (YoY)
This year $377K · Prior year —
No prior year on file
Net-asset trend (YoY)
End of year $32K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $377K · Expenses $372K
+1%
Liabilities-to-Assets
Total liabilities — · Total assets $171K
Net-asset ratio
Net assets $32K · Total assets $171K
19%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $171K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Anne Desmond · Reported title Executive Director · Highest reported compensation $135K · Total expenses $372K
36%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $225K · Total expenses $372K
61%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 67%
Overhead ratio 9%
Fundraising cost ratio 27%
Investment management fee ratio 0%
Legal fee ratio 0%
Accounting fee ratio 0%
Fundraising fee ratio 17%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · funders on record
Grants received · FY2023
Total grants receivedfrom 6 funders$53K
See all 6 funders →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2023 (Latest)$243K revenue · ⤓ 990 PDF
FY2022$380K revenue · ⤓ 990 PDF
FY2021$410K revenue · ⤓ 990 PDF
FY2020$377K revenue · viewing · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2020IRS
Classification, formation year, addressIRS Business Master File
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