Civic Intelligence

Maine Center for Enterprise Development

990 • Fiscal year 2013 • EIN 01-0510641

Jan 01, 2013 to Dec 31, 2013 • Filed on Jun 12, 2014

30 Danforth Street No 204Portland, ME 04101

(207) 228-8524

Siviq Scores

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

Liabilities / Assets

84th percentile

0.58x

Higher debt load relative to assets than 84% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

76th percentile

0.27x

Higher debt load relative to revenue than 76% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

86th percentile

$85,712

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 14.7% of source-year revenue.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2013

Asset Growth

96th percentile

127%

Faster asset growth than 96% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Revenue Growth

82nd percentile

39%

Faster revenue growth than 82% of similar nonprofits.

2013 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2012 to 2013

Assets

Up

$275,244

Up $153,911 (+127%) from 2012

Net Assets

Up

$116,215

Up $89,958 (+343%) from 2012

Liabilities

Up

$159,029

Up $63,953 (+67%) from 2012

Revenue

Up

$583,819

Up $162,913 (+39%) from 2012

Expenses

Up

$493,861

Up $65,337 (+15%) from 2012

Net Income

Up

$89,958

Up $97,576 (+1281%) from 2012

Historical Trend

Balance Sheet Trend

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

$400K$200K$0-$200KAssets 2011: $46,795Liabilities 2011: $12,920Net Assets 2011: $33,8752011Assets 2012: $121,333Liabilities 2012: $95,076Net Assets 2012: $26,2572012Assets 2013: $275,244Liabilities 2013: $159,029Net Assets 2013: $116,2152013Assets 2014: $344,483Liabilities 2014: $145,849Net Assets 2014: $198,6342014Assets 2015: $353,623Liabilities 2015: $213,299Net Assets 2015: $140,3242015Assets 2016: $223,389Liabilities 2016: $88,728Net Assets 2016: $134,6612016Assets 2017: $328,137Liabilities 2017: $352,883Net Assets 2017: -$24,7462017Assets 2018: $184,902Liabilities 2018: $214,210Net Assets 2018: -$29,3082018Assets 2019: $230,863Liabilities 2019: $273,940Net Assets 2019: -$43,0772019Assets 2020: $293,278Liabilities 2020: $282,616Net Assets 2020: $10,6622020Assets 2021: $380,716Liabilities 2021: $269,824Net Assets 2021: $110,8922021Assets 2022: $318,760Liabilities 2022: $265,924Net Assets 2022: $52,8362022Assets 2023: $360,484Liabilities 2023: $279,881Net Assets 2023: $80,6032023Assets 2024: $319,240Liabilities 2024: $229,375Net Assets 2024: $89,8652024

Highlighted filing

2013

Assets$275,244
Liabilities$159,029
Net Assets$116,215

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $191,186Expenses 2011: $342,530Net Income 2011: -$151,3442011Revenue 2012: $420,906Expenses 2012: $428,524Net Income 2012: -$7,6182012Revenue 2013: $583,819Expenses 2013: $493,861Net Income 2013: $89,9582013Revenue 2014: $670,893Expenses 2014: $588,474Net Income 2014: $82,4192014Revenue 2015: $499,810Expenses 2015: $558,120Net Income 2015: -$58,3102015Revenue 2016: $566,104Expenses 2016: $571,767Net Income 2016: -$5,6632016Revenue 2017: $267,365Expenses 2017: $426,705Net Income 2017: -$159,3402017Revenue 2018: $553,853Expenses 2018: $557,093Net Income 2018: -$3,2402018Revenue 2019: $714,994Expenses 2019: $728,763Net Income 2019: -$13,7692019Revenue 2020: $871,455Expenses 2020: $817,716Net Income 2020: $53,7392020Revenue 2021: $1,053,182Expenses 2021: $952,952Net Income 2021: $100,2302021Revenue 2022: $962,397Expenses 2022: $1,020,453Net Income 2022: -$58,0562022Revenue 2023: $1,351,382Expenses 2023: $1,323,615Net Income 2023: $27,7672023Revenue 2024: $1,367,620Expenses 2024: $1,358,358Net Income 2024: $9,2622024

Highlighted filing

2013

Revenue$583,819
Expenses$493,861
Net Income$89,958
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jun 12, 2014
Return Version
2013v3.0
Gross Receipts
$583,819
Mission and Program Overview

Mission

To create high quality jobs for Maine thorugh best practice incubations services that systematically assist new businesses with intellectual property and business plan needs, R&D activities, early stage financing and product commercialization.

To create high quality jobs for maine through best practice incubation services that systematically assist new businesses with intellectual property and business plan needs, r&d acitvities, early stage financing and product commericialization.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$12,381$193,134▲ $180,753
Pledges and Grants Receivable$89,419--
Cash and Non-Interest-Bearing Accounts$8,833$71,410▲ $62,577
Prepaid Expenses and Deferred Charges$10,700$10,700→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$121,333$275,244▲ $153,911
Liabilities
Deferred Revenue$27,010$89,419▲ $62,409
Grants Payable$56,480$56,000▼ $480
Accounts Payable and Accrued Expenses$11,586$13,610▲ $2,024
Total Liabilities$95,076$159,029▲ $63,953
Net Assets / Fund Balance
Unrestricted Net Assets$26,257$116,215▲ $89,958
Total Net Assets Fund Balance$26,257$116,215▲ $89,958
Total Liabilities and Net Assets / Fund Balance$121,333$275,244▲ $153,911

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$33,300$33,300
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Donald GoodingExecutive DirecFT$85,712$85,712

Board Members and Trustees

NameTitle
Anthony PerkinsDirector
Catherine RenaultDirector
Corson EllisDirector
David HiattDirector
James WardDirector
Janet Yancey-wronaDirector
Kerem DurdagDirector
Mark KaplanDirector
Michael WingDirector
Robert MartinDirector
Robert SmallDirector
Steven KoltaiDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$512,180
Program Service Revenue
$71,639
Investment Income
$0
Other Revenue
$0
All Other Contributions
$333,342
Change in Net Assets
$89,958
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$272,022
Salaries, Compensation, and Employee Benefits$221,839
Total Fundraising Expense$22,184
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$163,437--$163,437
Other Salaries and Wages$61,663$49,330$12,333$123,326
Current Officers, Directors, Trustees, and Key Employees$59,999$17,142$8,571$85,712
Occupancy$15,123$6,481-$21,604
Payroll Taxes$7,451$4,070$1,280$12,801
Conferences and Meetings$8,440--$8,440
Office Expenses$4,220$1,808-$6,028
Advertising$4,767--$4,767
Insurance$2,644$1,133-$3,777
All Other Expenses$1,975$1,202-$3,177
Other Expenses$1,481$635-$2,116
Fees for Services Accounting-$1,470-$1,470
Fees for Services Legal-$215-$215
Travel$149--$149
Interest-$54-$54
Total Functional Expenses$386,866$84,811$22,184$493,861
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
Backup withholding compliance
Yes
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 B, Line 11

Operations manager reviews the 990 before filing

Form 990, Part VI, Section C, Line 19

No documents available to the public

Filing and Contact Details

Filer

EIN
01-0510641
Phone
2072288524

Signing Officer

Name
Donald Gooding
Title
Executive Director
Phone
2072288524
Signed
2014-06-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Gooding
Formed
1997
Legal Domicile
Me
Voting Board Members
12
Independent Board Members
12
Employees
3
Volunteers
0

Preparer

Preparer
Peter a Dufour
Phone
2077745701
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Temporary services: program service expenses 3,704. Management and general expenses 0. Fundraising expenses 0. Total expenses 3,704. Decd subcontractors: program service expenses 112,000. Management and general expenses 0. Fundraising expenses 0. Total expenses 112,000. Mebis subcontractors: program service expenses 47,733. Management and general expenses 0. Fundraising expenses 0. Total expenses 47,733.

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IRS990/ProgramServiceRevenueGrp/BusinessCd4611430
IRS990/ProgramServiceRevenueGrp/Desc0TOP GUN PROGRAM
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACTS/SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2MEBIS MEMBERSHIPS
IRS990/ProgramServiceRevenueGrp/Desc3SPECIALTY WORKSHOP FEE
IRS990/ProgramServiceRevenueGrp/Desc4PROGRAM & FORUM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt033467
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121431
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211484
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31961
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt41725
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt033467
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt121431
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211484
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31961
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt41725
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0372467
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PYOtherExpensesAmt0276603
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt048439
IRS990/PYRevenuesLessExpensesAmt0-7618
IRS990/PYSalariesCompEmpBnftPaidAmt0151921
IRS990/PYTotalExpensesAmt0428524
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0420906
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt089958
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt071639
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0512180
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0372467
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0125340
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0151593
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0119713
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01281293
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0106
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0114
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt071639
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt048439
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt059845
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt047792
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt029646
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0257361
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0106
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0114
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00050
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99990
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt01538654
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0583819
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0420906
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0185185
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0199385
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0149359
IRS990ScheduleA/Total509Grp/TotalAmt01538654
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0583819
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0420906
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0185186
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0199392
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0149465
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01538768
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt033300
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt033300
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OPERATIONS MANAGER REVIEWS THE 990 BEFORE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TEMPORARY SERVICES: PROGRAM SERVICE EXPENSES 3,704. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 3,704. DECD SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 112,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 112,000. MEBIS SUBCONTRACTORS: PROGRAM SERVICE EXPENSES 47,733. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 47,733.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0121333
IRS990/TotalAssetsEOYAmt0275244
IRS990/TotalAssetsGrp/BOYAmt0121333
IRS990/TotalAssetsGrp/EOYAmt0275244
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0512180
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt022184
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt084811
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0386866
IRS990/TotalFunctionalExpensesGrp/TotalAmt0493861
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt095076
IRS990/TotalLiabilitiesEOYAmt0159029
IRS990/TotalLiabilitiesGrp/BOYAmt095076
IRS990/TotalLiabilitiesGrp/EOYAmt0159029
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt026257
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0116215
IRS990/TotalOtherCompensationAmt00
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt01571
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt01571
IRS990/TotalProgramServiceExpensesAmt0386866

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.23$0.09$1.37$1.36$0.01
2023Detailed filing. Detailed filing data is available for this year.$0.36$0.28$0.08$1.35$1.32$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.32$0.27$0.05$0.96$1.02$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.38$0.27$0.11$1.05$0.95$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$0.28$0.01$0.87$0.82$0.05
2019Detailed filing. Detailed filing data is available for this year.$0.23$0.27$0.04$0.71$0.73$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.21$0.03$0.55$0.56$0.00
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.35$0.02$0.27$0.43$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.22$0.09$0.13$0.57$0.57$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.35$0.21$0.14$0.50$0.56$0.06
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$0.34$0.15$0.20$0.67$0.59$0.08
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.16$0.12$0.58$0.49$0.09
2012Summary only. Only limited summary data is available for this year.$0.12$0.10$0.03$0.42$0.43$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.01$0.03$0.19$0.34$0.15
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2013 filings • 501(c)3 • $500k-$1M nonprofits