Civic Intelligence

New Beginnings Inc.

990 • Fiscal year 2017 • EIN 11-3836336

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 26, 2018

2624 Lord Baltimore DriveBaltimore, MD 21214

(410) 800-3120

Siviq Scores

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

Liabilities / Assets

98th percentile

2.10x

Higher debt load relative to assets than 98% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

64th percentile

0.21x

Higher debt load relative to revenue than 64% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

22nd percentile

-8.4%

Higher net margin than 22% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

50th percentile

$62,814

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

4th percentile

-26%

Faster asset growth than 4% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

61st percentile

9.7%

Faster revenue growth than 61% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$192,521

Down $68,629 (-26%) from 2016

Net Assets

Down

-$211,433

Down $162,357 (-331%) from 2016

Liabilities

Up

$403,954

Up $93,728 (+30%) from 2016

Revenue

Up

$1,930,720

Up $171,336 (+9.7%) from 2016

Expenses

Up

$2,093,077

Up $62,724 (+3.1%) from 2016

Net Income

Up

-$162,357

Up $108,612 (+40%) from 2016

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0-$5.0MAssets 2015: $280,684Liabilities 2015: $65,074Net Assets 2015: $215,6102015Assets 2016: $261,150Liabilities 2016: $310,226Net Assets 2016: -$49,0762016Assets 2017: $192,521Liabilities 2017: $403,954Net Assets 2017: -$211,4332017Assets 2018: $300,385Liabilities 2018: $263,235Net Assets 2018: $37,1502018Assets 2019: $641,894Liabilities 2019: $12,470Net Assets 2019: $629,4242019Assets 2020: $1,557,833Liabilities 2020: $286,553Net Assets 2020: $1,271,2802020Assets 2021: $3,094,076Liabilities 2021: $338,266Net Assets 2021: $2,755,8102021Assets 2022: $3,970,031Liabilities 2022: $45,989Net Assets 2022: $3,924,0422022Assets 2023: $4,382,955Liabilities 2023: $125,084Net Assets 2023: $4,257,8712023Assets 2024: $7,901,280Liabilities 2024: $160,992Net Assets 2024: $7,740,2882024Assets 2025: $8,276,853Liabilities 2025: $71,901Net Assets 2025: $8,204,9522025

Highlighted filing

2017

Assets$192,521
Liabilities$403,954
Net Assets-$211,433

Operations Trend

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

$15M$10M$5.0M$0-$5.0MRevenue 2015: $1,376,357Expenses 2015: $1,352,048Net Income 2015: $24,3092015Revenue 2016: $1,759,384Expenses 2016: $2,030,353Net Income 2016: -$270,9692016Revenue 2017: $1,930,720Expenses 2017: $2,093,077Net Income 2017: -$162,3572017Revenue 2018: $2,217,718Expenses 2018: $1,969,136Net Income 2018: $248,5822018Revenue 2019: $2,574,187Expenses 2019: $2,370,103Net Income 2019: $204,0842019Revenue 2020: $3,756,212Expenses 2020: $3,321,407Net Income 2020: $434,8052020Revenue 2021: $5,324,418Expenses 2021: $3,206,778Net Income 2021: $2,117,6402021Revenue 2022: $5,173,025Expenses 2022: $4,062,628Net Income 2022: $1,110,3972022Revenue 2023: $8,565,635Expenses 2023: $5,794,893Net Income 2023: $2,770,7422023Revenue 2024: $10,331,950Expenses 2024: $8,416,736Net Income 2024: $1,915,2142024Revenue 2025: $10,080,906Expenses 2025: $9,616,242Net Income 2025: $464,6642025

Highlighted filing

2017

Revenue$1,930,720
Expenses$2,093,077
Net Income-$162,357
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 26, 2018
Return Version
2016v3.0
Gross Receipts
$1,930,720
Mission and Program Overview

Mission

New Beginnings Inc. provides services to people with intellectual and developmental disabilities.

New beginnings, inc. Is committed to providing caring and quality service to individuals with developmental disabilities based on uniqueness of each and tailored to meeting their needs, while empowering them and encouraging them in making choices to participate as they choose in all aspects of life in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$155,268$150,895▼ $4,373
Loans From Officers Directors$50,000$50,000→ $0
Accounts Receivable$54,218$16,018▼ $38,200
Prepaid Expenses and Deferred Charges$1,994$6,422▲ $4,428
Cash and Non-Interest-Bearing Accounts$31,926$6,345▼ $25,581
Total Assets$261,150$192,521▼ $68,629
Other Assets Total$17,744$12,841▼ $4,903
Liabilities
Other Liabilities$152,998$198,519▲ $45,521
Accounts Payable and Accrued Expenses$66,910$126,713▲ $59,803
Mortgage Notes Payable Secured by Investment Property$30,284$22,377▼ $7,907
Escrow Account Liability$10,034$6,345▼ $3,689
Total Liabilities$310,226$403,954▲ $93,728
Net Assets / Fund Balance
Unrestricted Net Assets$-49,076$-211,433▼ $162,357
Total Net Assets Fund Balance$-49,076$-211,433▼ $162,357
Total Liabilities and Net Assets / Fund Balance$261,150$192,521▼ $68,629

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$102,030$68,199$170,229
Leasehold Improvements$48,865$8,147$57,012
Other Assets Org$12,841--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Alim MuhammadChief Executive OfficerFT$62,814$62,814
Steven HowardChief Operating OfficerFT$58,885$58,885
Brandy BrownDirector-$3,628$3,628
Ramie MaysPresident-$1,731$1,731

Board Members and Trustees

NameTitle
Hugo TannerSecretary
Jeffrey ElliotSecretary Assistant
Saleem HassanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,923,668
Investment Income
$0
Other Revenue
$7,052
Change in Net Assets
$-162,357

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,930,720
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,930,720
Total Revenue per Form 990
$1,930,720
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,277,566
Other Expenses$815,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$773,354$109,186-$882,540
Occupancy$229,165$33,478-$262,643
Current Officers, Directors, Trustees, and Key Employees$220,701$31,154-$251,855
All Other Expenses$67,281$50,647-$117,928
Payroll Taxes$92,893$13,115-$106,008
Fees for Services Other-$62,567-$62,567
Other Expenses$40,708$6,310-$47,018
Insurance$34,870$3,874-$38,744
Other Employee Benefits$32,565$4,598-$37,163
Depreciation Depletion$24,022$11,083-$35,105
Fees for Services Accounting-$34,938-$34,938
Office Expenses$13,330$6,285-$19,615
Interest$3,072--$3,072
Advertising$1,698$30-$1,728
Fees for Services Legal-$120-$120
Total Functional Expenses$1,707,380$385,697$0$2,093,077

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,093,077
Total Expenses per Audited Statements$2,093,077
Total Expenses per Form 990$2,093,077
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$50,000$50,000→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to State of Maryland$160,716
Bank Overdraft$37,803
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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

Cfo and ceo are siblings.

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

Form 990 is reviewed and approved by the organization's management team before it is filed.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are available upon request.

Filing and Contact Details

Filer

Filer Name
New Beginnings Inc
EIN
11-3836336
Phone
4108003120
Address
2624 LORD BALTIMORE DRIVE, BALTIMORE, MD 21214

Signing Officer

Name
Alim Muhamman
Title
Chief Executive Officer
Phone
4108003120
Signed
2018-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Alim Muhammad
Formed
2011
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
83
Volunteers
0

Preparer

Firm
Fitzpatrick Leary & Szarkollc
Address
2045 YORK ROAD STE 300, TIMONIUM, MD 21093
Preparer
Nicole R Szarko CPA
Phone
4103071400
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

The organization is the representative payee for bank accounts held on behalf of many of their clients. They maintain a separate bank account for each client, which includes deposits of ssi and ssa money, and any wages received. They disburse proceeds to the appopriate client, as needed on a monthly basis. They have a fiduciary responsibility to manage the client's money on the client's behalf and in the client's best interest. The organization does not receive a fee for this service.

PART X, LINE 2:

The organization accounts for tax provisions in accordance with financial accounting standards board accounting standards concept topic 740-10, accounting for uncertainty in income taxes, which creates a single model to address uncertainty in tax positions and clarifies the accounting for income taxes by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in the financial statements. The organization believes that its income tax filing positions and deductions will be sustained upon examination and, accordingly, has not recorded any reserves, or related accruals for interest and penalties for uncertain income tax positions. The organization continually evaluates expiring statutes of limitations, audits, proposed settlements, changes in tax law, and new authoritative rulings. The organization has adopted a policy under which, if required to be recognized in the future, it will classify interest related to the underpayment of income taxes as a component of interest expense, and it will classify any related penalties in management and general expenses in the statement of activities.

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IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01994
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06422
IRS990/PrincipalOfficerNm0ALIM MUHAMMAD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/BusinessCd3900099
IRS990/ProgramServiceRevenueGrp/BusinessCd4900099
IRS990/ProgramServiceRevenueGrp/Desc0FPS RESIDENTIAL FEES
IRS990/ProgramServiceRevenueGrp/Desc1PERSONAL SUPPORTS
IRS990/ProgramServiceRevenueGrp/Desc2SUPPORTED EMPLOYMENT
IRS990/ProgramServiceRevenueGrp/Desc3CLIENT FEES
IRS990/ProgramServiceRevenueGrp/Desc4DAY PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0978332
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1490646
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2348532
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt382007
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt424151
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0978332
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1490646
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2348532
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt382007
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt424151
IRS990/ProgSrvcAccomActy2Grp/Desc0SUPPORTED EMPLOYMENT PROGRAM PROVIDES VOCATIONAL SERVICES SUCH AS ASSESSEMENT ACTIVITIES, JOB TRAINING, WORK SKILL TRAINING AND PLACEMENT PROGRAMS, TRAINING IN SOCIAL SKILLS, SAFETY SKILLS, WORK RELATED HYGIENE TRAINING AND OTHER WORK SKILLS SO INDIVIDUALS WHO ARE AT A HIGHER FUNCTIONING LEVEL CAN REMAIN GAINFULLY EMPLOYED.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0311914
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt0348532
IRS990/ProgSrvcAccomActy3Grp/Desc0THE PERSONAL SUPPORTS PROGRAM HELP DEVELOPMENTAL DISABLED INDIVIDUALS TRANSITION INTO COMMUNITY-BASED LIVING. INDIVIDUALS ARE ASSISTED WITH MONEY MANAGEMENT, HOME MANAGEMENT, NUTRITION AND MEAL PREPARATION, OBTAINING RESOURCES IN THE COMMUNITY, TAKING CONSUMERS TO MEDICAL APPOINTMENTS, GETTING INVOLVED IN LEISURE ACTIVITIES, AS WELL AS ALL ASPECTS OF LIVING ON THEIR OWN.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt0327236
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt0536179
IRS990/ProgSrvcAccomActyOtherGrp/Desc0THE ORGANIZATION IS LICENSED BY MDH TO PROVIDE DAY SUPPORT SERVICES TO INDIVIDUALS WITH DEVELOPMENTAL DISABILITIES REFERRED BY THE DEVELOPMENTAL DISABILITIES ADMINISTRATION (DDA). SERVICES CONSIST OF DAY HABILITATION AND VOCATIONAL DEVELOPMENT.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt09738
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt031203
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-2647
IRS990/PYOtherExpensesAmt0662414
IRS990/PYOtherRevenueAmt0712
IRS990/PYProgramServiceRevenueAmt01761319
IRS990/PYRevenuesLessExpensesAmt0-270969
IRS990/PYSalariesCompEmpBnftPaidAmt01367939
IRS990/PYTotalExpensesAmt02030353
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01759384
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-162357
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt01014806
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0855
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0868
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01923668
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01761319
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01363830
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0837255
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0600722
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06486794
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0855
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt03
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0868
IRS990ScheduleA/InvestmentIncomeCYPct00.00010
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt07052
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0712
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt011672
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0629
IRS990ScheduleA/OtherIncome509Grp/TotalAmt020065
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99680
IRS990ScheduleA/PublicSupportPY509Pct00.99450
IRS990ScheduleA/PublicSupportTotal509Amt06486794
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01923668
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01761319
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01363830
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0837255
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0600722
IRS990ScheduleA/Total509Grp/TotalAmt06486794
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01930720
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01762031
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01376357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0837265
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0601354
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06507727
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AgentTrusteeEtcInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0102030
IRS990ScheduleD/EquipmentGrp/DepreciationAmt068199
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0170229
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02093077
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt048865
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt08147
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt057012
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt012841
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0160716
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt137803
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO STATE OF MARYLAND
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1BANK OVERDRAFT
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01930720
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION IS THE REPRESENTATIVE PAYEE FOR BANK ACCOUNTS HELD ON BEHALF OF MANY OF THEIR CLIENTS. THEY MAINTAIN A SEPARATE BANK ACCOUNT FOR EACH CLIENT, WHICH INCLUDES DEPOSITS OF SSI AND SSA MONEY, AND ANY WAGES RECEIVED. THEY DISBURSE PROCEEDS TO THE APPOPRIATE CLIENT, AS NEEDED ON A MONTHLY BASIS. THEY HAVE A FIDUCIARY RESPONSIBILITY TO MANAGE THE CLIENT'S MONEY ON THE CLIENT'S BEHALF AND IN THE CLIENT'S BEST INTEREST. THE ORGANIZATION DOES NOT RECEIVE A FEE FOR THIS SERVICE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION ACCOUNTS FOR TAX PROVISIONS IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD ACCOUNTING STANDARDS CONCEPT TOPIC 740-10, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, WHICH CREATES A SINGLE MODEL TO ADDRESS UNCERTAINTY IN TAX POSITIONS AND CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD A TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION BELIEVES THAT ITS INCOME TAX FILING POSITIONS AND DEDUCTIONS WILL BE SUSTAINED UPON EXAMINATION AND, ACCORDINGLY, HAS NOT RECORDED ANY RESERVES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES FOR UNCERTAIN INCOME TAX POSITIONS. THE ORGANIZATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW, AND NEW AUTHORITATIVE RULINGS. THE ORGANIZATION HAS ADOPTED A POLICY UNDER WHICH, IF REQUIRED TO BE RECOGNIZED IN THE FUTURE, IT WILL CLASSIFY INTEREST RELATED TO THE UNDERPAYMENT OF INCOME TAXES AS A COMPONENT OF INTEREST EXPENSE, AND IT WILL CLASSIFY ANY RELATED PENALTIES IN MANAGEMENT AND GENERAL EXPENSES IN THE STATEMENT OF ACTIVITIES.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART IV, LINE 2B:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0150895
IRS990ScheduleD/TotalBookValueOtherAssetsAmt012841
IRS990ScheduleD/TotalExpensesPerForm990Amt02093077
IRS990ScheduleD/TotalLiabilityAmt0198519
IRS990ScheduleD/TotalRevenuePerForm990Amt01930720
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01930720
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02093077
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt050000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0FUNDS WERE ADVANCED TO THE ORGANIZATION FOR WORKING CAPITAL PURPOSES.
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt050000
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0STEVEN HOWARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0CHIEF OPERATING OFFICER
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd00
IRS990ScheduleL/TotalBalanceDueAmt050000
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CFO AND CEO ARE SIBLINGS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED BY THE ORGANIZATION'S MANAGEMENT TEAM BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0261150
IRS990/TotalAssetsEOYAmt0192521
IRS990/TotalAssetsGrp/BOYAmt0261150
IRS990/TotalAssetsGrp/EOYAmt0192521
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt083

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