Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 10a · Gross sales of inventory

  $867,187

• 10b · Cost of goods sold

  $503,232

• 10c · Net income from sales of inventory

  total $363,955 · related or exempt $363,955

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $25,179 · program services $25,179

• 5 · Compensation of officers, directors and key employees

  total $1,359,196 · program services $1,359,196

• 7 · Other salaries and wages

  total $3,347,442 · program services $2,447,442 · management and general $900,000

• 8 · Pension plan contributions

  total $237,346 · program services $237,346

• 9 · Other employee benefits

  total $594,026 · program services $594,026

• 10 · Payroll taxes

  total $262,278 · program services $262,278

• 11b · Fees: legal

  total $15,556 · program services $15,556

• 11c · Fees: accounting

  total $22,050 · program services $22,050

• 11g · Fees: other

  total $531,778 · program services $531,778

• 12 · Advertising and promotion

  total $1,044,250 · program services $1,044,250

• 13 · Office expenses

  total $53,330 · program services $53,330

• 14 · Information technology

  total $497,409 · program services $497,409

• 17 · Travel

  total $381,676 · program services $381,676

• 22 · Depreciation, depletion and amortization

  total $795,062 · program services $795,062

• 24a · Other expenses: MEMBERSHIPS/DUES

  total $8,672 · program services $8,672

• 24b · Other expenses: ARCHIVE EXPENSES

  total $1,965 · program services $1,965

• 24c · Other expenses: CORP LICENSES AND REGIS

  total $1,723 · program services $1,723

• 24d · Other expenses: BOOKS AND ONLINE SUBCRI

  total $650 · program services $650

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,083,455 · end of year $1,199,425

• 4 · Accounts receivable

  beginning of year $21,913 · end of year $41,572

• 7 · Other notes and loans receivable

  end of year $0

• 8 · Inventories for sale or use

  beginning of year $719,241 · end of year $577,959

• 9 · Prepaid expenses and deferred charges

  beginning of year $0 · end of year $227,546

• 10a · Land, buildings and equipment: cost or other basis

  $9,343,122

• 10b · Land, buildings and equipment: accumulated depreciation

  $1,319,940

• 10c · Land, buildings and equipment, net

  beginning of year $7,684,300 · end of year $8,023,182

• 12 · Investments: other securities

  beginning of year $0 · end of year $0

• 13 · Investments: program-related

  beginning of year $0 · end of year $0

• 14 · Intangible assets

  beginning of year $83,763 · end of year $108,013

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $447,091 · end of year $602,455

• 19 · Deferred revenue

  beginning of year $215,691 · end of year $417,846

• 25 · Other liabilities

  beginning of year $4,648 · end of year $27,921

• 27 · Net assets without donor restrictions

  beginning of year $8,925,242 · end of year $9,129,475

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION WILL REIMBURSE MEMBERSHIP FEES TO HEALTH CLUBS FOR ALL EMPLOYEES UP TO A MAXIMUM OF $400 PER YEAR FOR ANY EMPLOYEE WHO PROVIDES SUFFICIENT SUBSTANTIATION AS REQUIRED UNDER THE ORGANIZATION'S POLICY RELATED THERETO.

PART I, LINE 3

HELIX BAR REVIEW, INC. RELIES ON ITS SOLE MEMBER, ACCESSLEX INSTITUTE (ACCESSLEX), TO DETERMINE COMPENSATION FOR THE OFFICERS OF HELIX BAR REVIEW, INC. ACCESSLEX USES A COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORMS 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEYS AND STUDIES, AND APPROVAL BY ITS COMPENSATION AND BENEFITS COMMITTEE TO ESTABLISH COMPENSATION.

PART I, LINE 4B

SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN CHRISTOPHER CHAPMAN - $86,224 DEBRA SWARTZ - $45,230 CYNTHIA CASSITY - $27,429 THE ORGANIZATION'S SOLE MEMBER, ACCESSLEX, SPONSORS A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN DESCRIBED IN 457(F) OF THE INTERNAL REVENUE CODE WHICH IS AVAILABLE TO CERTAIN, ELIGIBLE SENIOR EXECUTIVES. THE PLAN IS UNFUNDED AND THE ASSETS REMAIN SUBJECT TO SUBSTANTIAL RISK OF FORFEITURE PRIOR TO VESTING AND DISTRIBUTION TO A PARTICIPANT PURSUANT TO THE TERMS AND CONDITIONS OF THE PLAN. FOR THIS REPORTING PERIOD, CHRISTOPHER CHAPMAN, DEBRA SWARTZ, AND CYNTHIA CASSITY WERE SENIOR EXCUTIVES OF HELIX BAR REVIEW, INC. THAT WRE ELIGIBLE TO RECEIVE A CONTRIBUTION CREDIT.

PART II, COLUMN (F)

CURRENT YEAR DISCLOSURE OF COMPENSATION REPORTED AS DEFERRED ON PRIOR FORMS 990 REPRESENTS NON-CASH AMOUNTS INCLUDED WITHIN THE CURRENT YEAR COMPENSATION TOTALS THAT HAVE VESTED AND BEEN PREVIOUSLY REPORTED, BUT NOT PAID, ON THE FORMS 990 PREPARED AND FILED FOR PRIOR FISCAL YEARS.

PART VII, AND SCHEDULE J

ALL COMPENSATION IS PAID BY THE ORGANIZATION'S SOLE MEMBER, ACCESSLEX. HELIX BAR REVIEW, INC. LEASES ITS EMPLOYEES FROM ACCESSLEX. THE TOTAL COMPENSATION EXPENSE RECORDED BY BOTH ORGANIZATIONS, WHEN COMBINED, AGREE TO THE FORM W2 FILED BY ACCESSLEX INSTITUTE.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• ACCESS FUNDING 2010-A LLC

  STUDENT LOANS · DE

  Directly controlled by ACCESSLEX

• CS ABS REPACKAGING TRUST 2013-A

  STUDENT LOANS · DE

  Directly controlled by ACCESSLEX

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• AGILITY LOAN SERVICES INC

  C · INACTIVE · DE

  Directly controlled by ACCESSLEX