Civic Intelligence

Carroll Technology Council Inc.

990EZ • Fiscal year 2014 • EIN 20-0537495

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 13, 2015

255 Clifton Blvd Ste 215Westminster, MD 21157

(443) 244-1261

Siviq Scores

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

Liabilities / Assets

85th percentile

0.32x

Higher debt load relative to assets than 85% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

90th percentile

0.34x

Higher debt load relative to revenue than 90% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

6th percentile

-67%

Higher net margin than 6% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

89th percentile

$38,284

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 106.5% of source-year revenue.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

14th percentile

-33%

Faster asset growth than 14% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

12th percentile

-40%

Faster revenue growth than 12% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$37,543

Down $18,471 (-33%) from 2013

Net Assets

$25,383

No earlier filing loaded for comparison.

Liabilities

Up

$12,160

Up $5,562 (+84%) from 2013

Revenue

Down

$35,951

Down $23,804 (-40%) from 2013

Expenses

Up

$59,984

Up $10,951 (+22%) from 2013

Net Income

Down

-$24,033

Down $34,755 (-324%) from 2013

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $36,790Liabilities 2011: $6,008Net Assets 2011: $30,7822011Assets 2012: $45,782Liabilities 2012: $7,0882012Assets 2013: $56,014Liabilities 2013: $6,5982013Assets 2014: $37,543Liabilities 2014: $12,160Net Assets 2014: $25,3832014Assets 2015: $17,786Liabilities 2015: $6,722Net Assets 2015: $11,0642015Assets 2016: $66,601Liabilities 2016: $59,386Net Assets 2016: $7,2152016Assets 2017: $112,678Liabilities 2017: $89,785Net Assets 2017: $22,8932017Assets 2018: $108,874Liabilities 2018: $82,980Net Assets 2018: $25,8942018Assets 2019: $90,447Liabilities 2019: $61,500Net Assets 2019: $28,9472019Assets 2020: $168,174Liabilities 2020: $68,333Net Assets 2020: $99,8412020Assets 2021: $156,083Liabilities 2021: $51,667Net Assets 2021: $104,4162021Assets 2022: $185,715Liabilities 2022: $89,191Net Assets 2022: $96,5242022Assets 2023: $368,724Liabilities 2023: $175,688Net Assets 2023: $193,0362023Assets 2024: $375,330Liabilities 2024: $16,930Net Assets 2024: $358,4002024

Highlighted filing

2014

Assets$37,543
Liabilities$12,160
Net Assets$25,383

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2011: $48,133Expenses 2011: $37,481Net Income 2011: $10,6522011Revenue 2012: $52,845Expenses 2012: $44,243Net Income 2012: $8,6022012Revenue 2013: $59,755Expenses 2013: $49,033Net Income 2013: $10,7222013Revenue 2014: $35,951Expenses 2014: $59,984Net Income 2014: -$24,0332014Revenue 2015: $46,594Expenses 2015: $60,913Net Income 2015: -$14,3192015Revenue 2016: $60,849Expenses 2016: $64,697Net Income 2016: -$3,8482016Revenue 2017: $122,888Expenses 2017: $107,210Net Income 2017: $15,6782017Revenue 2018: $141,580Expenses 2018: $138,580Net Income 2018: $3,0002018Revenue 2019: $129,866Expenses 2019: $126,815Net Income 2019: $3,0512019Revenue 2020: $190,032Expenses 2020: $119,138Net Income 2020: $70,8942020Revenue 2021: $144,423Expenses 2021: $139,848Net Income 2021: $4,5752021Revenue 2022: $121,062Expenses 2022: $128,954Net Income 2022: -$7,8922022Revenue 2023: $389,169Expenses 2023: $300,957Net Income 2023: $88,2122023Revenue 2024: $615,242Expenses 2024: $450,446Net Income 2024: $164,7962024

Highlighted filing

2014

Revenue$35,951
Expenses$59,984
Net Income-$24,033
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 13, 2015
Return Version
2014v5.0
Gross Receipts
$56,423
Mission and Program Overview

Mission

CTIC conducts outreach, facilitates jobseeker enrollment, supportes jobseeker enrollment, supports apprenticeship program development, collaborates with employers to align training with labor market needs

To provide leadership, information, and resources to educate, attract, and influence technology in carroll county, maryland through educational seminars and annual events featuring informational speakers having expertise in a variety of technology topics. Seminars and events are open to the public. The organization's website features technology resources available in carroll county, maryland.

Program Services

DescriptionGrantsExpenses
COMMUNITY INVOLVEMENT - MEMBERS HAVE WRITTEN MONTHLY TECHNOLOGY RELATED ARTICLES THAT ARE PUBLISHED IN THE TECHNOLOGY SECTION OF THE LOCAL NEWSPAPER. IN PARTNERSHIP WITH THE COMMUNITY COLLEGE AND LOCAL WORKFORE DEVELOPMENT OFFICE, THE ORGANIZATION HAS OFFERED REDUCED RATE MEMBERSHIP TO THOSE INDIVIDUALS WITH A TECHNOLOGY INTEREST- THE ORGANIZATION PROVIDED FINANCIAL SUPPORT TO LOCAL 4H ROBOTICS PROGRAMS. MEMBERS OF THE ORGANIZATION ALSO DONATED TIME TO SUPPORT HIGH SCHOOL ROBOTICS AND HAVE ACTED AS JUDGES IN LOCAL AND REGIONAL ROBOTICS COMPETITIONS. MEMBERS HAVE ALSO PARTICIPATED IN NUMEROUS COMMUNITY EVENTS AND FORUMS WHERE THEY HAVE BEEN THE 'TECHNOLOGIST' (EXPERTS) IN REGARDS TO VARIOUS TOPICS, MEMBERS SERVE ON ADVISORY BOARDS FOR TECH INCUBATORS IN THE COMMUNITY AS WELL AS IN THE REGION. THE CTC HOSTS COLLEGE INTERNS ANNUALLY SO THAT THEY ARE ABLE TO GET REAL WORLD TECH EXPERIENCE.-$22,864
TECHKIDS/TECHWORKS - PROGRAM PROVIDED COMPLETE COMPUTER SYSTEMS, INCLUDING MICROSOFT OFFICE SOFTWARE, 1-YEAR ACCESS OF INTERNET TO DISADVANTAGED AREA STUDENTS, DISPLACED WORKERS SEEKING EMPLOYMENT, AND LOCAL NOT-FOR-PROFIT ORGANIZATIONS. MEMBERS HAVE REFURBISHED AND DONATED OVER 1200 COMPUTER SYSTEMS TO QUALIFIED FAMILIES, WORKERS, AND OTHER NOT-FOR-PROFIT ORGANIZATIONS SINCE THE PROGRAM'S INCEPTION.-$6,096
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATI TOWNSLEYExecutive DiFT$38,284-$38,284
GARY DITTOInterim Pres-$0--
MATT DAYVice Preside-$0--
JASON WESKATreasurer-$0--
DENISE BEAVERSecretary-$0--
KEVIN BROWNDirector-$0--
JEAN BURGESSDirector-$0--
VINCE BUSCEMIDirector-$0--
ROBERT DORRDirector-$0--
MATT PEELINGDirector-$0--
DAVID SHAFFERDirector-$0--
MIKE SHELAHDirector-$0--
GARY ST ONGEDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Technically Spe$8,140$7,200$718$6,482
Golf Tournament$12,928$7,020$723$6,297
Total Events$21,068$14,220$13,981$239
Filing and Contact Details

Filer

Filer Name
Carroll Technology Council Inc
EIN
20-0537495
Phone
4432441261
Address
255 CLIFTON BLVD STE 215, WESTMINSTER, MD 21157

Signing Officer

Name
Kati Townsley
Title
Executive Director
Phone
4432441261
Signed
2015-11-13
Discuss with paid preparer
Yes

Preparer

Firm
Relate CPA Inc
Address
2322 NEVADA DR, MANCHESTER, MD 21102-1989
Preparer
John J Campion Jr CPA
Phone
4107534899
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 4,801 office 1,254 insurance 1,352 miscellaneous 931 education 492 networking 715 chamber activities 524 merchant service fees 307 techkids 380 total 10,756

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 98 2,160 support for future periods 6,500 10,000

Form 990-ez, Part III

To provide leadership, information, and resources to educate, attract, and influence technology in carroll county, maryland through educational seminars and annual events featuring informational speakers having expertise in a variety of technology topics. Seminars and events are open to the public. The organization's website features technology resources available in carroll county, maryland.

Form 990-ez, Part III, Line 28

Community involvement - members have written monthly technology related articles that are published in the technology section of the local newspaper. In partnership with the community college and local workfore development office, the organization has offered reduced rate membership to those individuals with a technology interest- the organization provided financial support to local 4h robotics programs. Members of the organization also donated time to support high school robotics and have acted as judges in local and regional robotics competitions. Members have also participated in numerous community events and forums where they have been the 'technologist' (experts) in regards to various topics, members serve on advisory boards for tech incubators in the community as well as in the region. The ctc hosts college interns annually so that they are able to get real world tech experience.

Form 990-ez, Part III, Line 29

Techkids/techworks - program provided complete computer systems, including microsoft office software, 1-year access of internet to disadvantaged area students, displaced workers seeking employment, and local not-for-profit organizations. Members have refurbished and donated over 1200 computer systems to qualified families, workers, and other not-for-profit organizations since the program's inception.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 4,801 OFFICE 1,254 INSURANCE 1,352 MISCELLANEOUS 931 EDUCATION 492 NETWORKING 715 CHAMBER ACTIVITIES 524 MERCHANT SERVICE FEES 307 TECHKIDS 380 TOTAL 10,756
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 98 2,160 SUPPORT FOR FUTURE PERIODS 6,500 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO PROVIDE LEADERSHIP, INFORMATION, AND RESOURCES TO EDUCATE, ATTRACT, AND INFLUENCE TECHNOLOGY IN CARROLL COUNTY, MARYLAND THROUGH EDUCATIONAL SEMINARS AND ANNUAL EVENTS FEATURING INFORMATIONAL SPEAKERS HAVING EXPERTISE IN A VARIETY OF TECHNOLOGY TOPICS. SEMINARS AND EVENTS ARE OPEN TO THE PUBLIC. THE ORGANIZATION'S WEBSITE FEATURES TECHNOLOGY RESOURCES AVAILABLE IN CARROLL COUNTY, MARYLAND.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMMUNITY INVOLVEMENT - MEMBERS HAVE WRITTEN MONTHLY TECHNOLOGY RELATED ARTICLES THAT ARE PUBLISHED IN THE TECHNOLOGY SECTION OF THE LOCAL NEWSPAPER. IN PARTNERSHIP WITH THE COMMUNITY COLLEGE AND LOCAL WORKFORE DEVELOPMENT OFFICE, THE ORGANIZATION HAS OFFERED REDUCED RATE MEMBERSHIP TO THOSE INDIVIDUALS WITH A TECHNOLOGY INTEREST- THE ORGANIZATION PROVIDED FINANCIAL SUPPORT TO LOCAL 4H ROBOTICS PROGRAMS. MEMBERS OF THE ORGANIZATION ALSO DONATED TIME TO SUPPORT HIGH SCHOOL ROBOTICS AND HAVE ACTED AS JUDGES IN LOCAL AND REGIONAL ROBOTICS COMPETITIONS. MEMBERS HAVE ALSO PARTICIPATED IN NUMEROUS COMMUNITY EVENTS AND FORUMS WHERE THEY HAVE BEEN THE 'TECHNOLOGIST' (EXPERTS) IN REGARDS TO VARIOUS TOPICS, MEMBERS SERVE ON ADVISORY BOARDS FOR TECH INCUBATORS IN THE COMMUNITY AS WELL AS IN THE REGION. THE CTC HOSTS COLLEGE INTERNS ANNUALLY SO THAT THEY ARE ABLE TO GET REAL WORLD TECH EXPERIENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TECHKIDS/TECHWORKS - PROGRAM PROVIDED COMPLETE COMPUTER SYSTEMS, INCLUDING MICROSOFT OFFICE SOFTWARE, 1-YEAR ACCESS OF INTERNET TO DISADVANTAGED AREA STUDENTS, DISPLACED WORKERS SEEKING EMPLOYMENT, AND LOCAL NOT-FOR-PROFIT ORGANIZATIONS. MEMBERS HAVE REFURBISHED AND DONATED OVER 1200 COMPUTER SYSTEMS TO QUALIFIED FAMILIES, WORKERS, AND OTHER NOT-FOR-PROFIT ORGANIZATIONS SINCE THE PROGRAM'S INCEPTION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 29
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.75$0.17$3.58$6.15$4.50$1.65
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$1.76$1.93$3.89$3.01$0.88
2022Detailed filing. Detailed filing data is available for this year.$1.86$0.89$0.97$1.21$1.29$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.56$0.52$1.04$1.44$1.40$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.68$1.00$1.90$1.19$0.71
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.90$0.62$0.29$1.30$1.27$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.83$0.26$1.42$1.39$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.13$0.90$0.23$1.23$1.07$0.16
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.67$0.59$0.07$0.61$0.65$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.18$0.07$0.11$0.47$0.61$0.14
2014Detailed filing. Detailed filing data is available for this year.$0.38$0.12$0.25$0.36$0.60$0.24
2013Summary only. Only limited summary data is available for this year.$0.56$0.07$0.60$0.49$0.11
2012Summary only. Only limited summary data is available for this year.$0.46$0.07$0.53$0.44$0.09
2011Summary only. Only limited summary data is available for this year.$0.37$0.06$0.31$0.48$0.37$0.11