Civic Intelligence

Carroll Technology Council Inc.

990EZ • Fiscal year 2018 • EIN 20-0537495

Jan 01, 2018 to Dec 31, 2018 • Filed on Aug 09, 2019

255 Clifton Blvd Rm/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

93rd percentile

0.76x

Higher debt load relative to assets than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Liabilities / Revenue

93rd percentile

0.59x

Higher debt load relative to revenue than 93% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Net Margin

47th percentile

2.1%

Higher net margin than 47% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

95th percentile

$61,195

Higher top officer pay than 95% of similar nonprofits.

Top officer pay equals 43.2% of source-year revenue.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

39th percentile

-3.4%

Faster asset growth than 39% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

15%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Assets

Down

$108,874

Down $3,804 (-3.4%) from 2017

Net Assets

Up

$25,894

Up $3,001 (+13%) from 2017

Liabilities

Down

$82,980

Down $6,805 (-7.6%) from 2017

Revenue

Up

$141,580

Up $18,692 (+15%) from 2017

Expenses

Up

$138,580

Up $31,370 (+29%) from 2017

Net Income

Down

$3,000

Down $12,678 (-81%) from 2017

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

2018

Assets$108,874
Liabilities$82,980
Net Assets$25,894

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

2018

Revenue$141,580
Expenses$138,580
Net Income$3,000
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Aug 9, 2019
Return Version
2018v3.1
Gross Receipts
$167,936
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: IN PARTNERSHIP WITH CARROLL COMMUNITY COLLEGE, MCDANIEL COLLEGE AND THE CARROLL COUNTY BUSINESS EMPLOYMENT RESOURCE CENTER, THE ORGANIZATION HAS OFFERED A REDUCED MEMBERSHIP RATE TO THOSE INDIVIDUALS WHO HAVE AN INTEREST IN TECHNOLOGY. THE ORGANIZATION HAS PROVIDED FINANCIAL SUPPORT TO LOCAL ROBOTICS PROGRAMS AND MEMBERS HAVE VOLUNTEERED AND DONATED TIME TO THOSE PROGRAMS SERVING AS JUDGES AND MENTORS. MEMBERS HAVE ALSO PARTICIPATED IN NUMEROUS COMMUNITY EVENTS AND FORUMS WHERE THEY HAVE BEEN THE "TECHNOLOGISTS- OR EXPERTS IN REGARD TO VARIOUS TOPICS. MEMBERS SERVE ON THE ADVISORY BOARD TO TECH INCUBATORS IN THE COMMUNITY AS WELL AS IN THE REGION. MEMBERS ALSO SERVE ON THE COUNTY'S LONG-TERM ADVISORY COUNCIL, CARROLL COUNTY BROADBAND ADVISORY BOARD, AND MILLION WOMEN MENTORS PROGRAM.-$63,976
TECHKIDS/TECHWORKS PROGRAMS PROVIDE COMPLETE COMPUTER SYSTEMS INCLUDING MICROSOFT OFFICE SUITE TO DISPLACED WORKERS SEEKING EMPLOYMENT AND LOCAL NONPROFIT ORGANIZATIONS. MEMBERS HAVE DONATED OVER 3,000 NEW AND REFURBISHED COMPUTERS TO QUALIFIED FAMILIES, STUDENTS, WORKERS AND OTHER NONPROFIT ORGANIZATIONS SINCE THE PROGRAM'S INCEPTION.-$45,694
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
KATI TOWNSLEYExecutive DiFT$55,000$6,195$61,195
JOSH KOHNChair-$0--
TERRANCE MACGREGORVice Chair-$0--
CHRIS ALLPORTTreasurer-$0--
DENISE BEAVERSecretary-$0--
ISABEL DEFEODirector-$0--
GARY DITTODirector-$0--
ROBERT DORRDirector-$0--
DAVID SHAFFERDirector-$0--
TYLER STURGILLDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$23,010$10,720$1,173$9,547
Technically Spe$12,700$8,034$686$7,348
Total Events$35,710$18,754$23,111$-4,357
Filing and Contact Details

Filer

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

Signing Officer

Name
Kati Townsley
Title
Executive Director
Phone
4432441261
Signed
2019-08-09
Discuss with paid preparer
Yes

Preparer

Firm
Relate CPA Pa
Address
120 E 4TH AVE STE C-3, MOUNT DORA, FL 32757
Preparer
John J Campion Jr CPA
Phone
3527200321
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses advertising and promotion 3,575 office 2,729 travel 1,450 insurance 2,532 education 534 merchant service fees 609 techkids 45,698 filing fees 350 total 57,477

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 3,476 2,480 support for future periods 83,333 80,500 scott adelman fund 2,975 0

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: in partnership with carroll community college, mcdaniel college and the carroll county business employment resource center, the organization has offered a reduced membership rate to those individuals who have an interest in technology. The organization has provided financial support to local robotics programs and members have volunteered and donated time to those programs serving as judges and mentors. Members have also participated in numerous community events and forums where they have been the "technologists- or experts in regard to various topics. Members serve on the advisory board to tech incubators in the community as well as in the region. Members also serve on the county's long-term advisory council, carroll county broadband advisory board, and million women mentors program.

Form 990-ez, Part III, Line 29

Techkids/techworks programs provide complete computer systems including microsoft office suite to displaced workers seeking employment and local nonprofit organizations. Members have donated over 3,000 new and refurbished computers to qualified families, students, workers and other nonprofit organizations since the program's inception.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1TECHKIDS/TECHWORKS PROGRAMS PROVIDE COMPLETE COMPUTER SYSTEMS INCLUDING MICROSOFT OFFICE SUITE TO DISPLACED WORKERS SEEKING EMPLOYMENT AND LOCAL NONPROFIT ORGANIZATIONS. MEMBERS HAVE DONATED OVER 3,000 NEW AND REFURBISHED COMPUTERS TO QUALIFIED FAMILIES, STUDENTS, WORKERS AND OTHER NONPROFIT ORGANIZATIONS SINCE THE PROGRAM'S INCEPTION.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES ADVERTISING AND PROMOTION 3,575 OFFICE 2,729 TRAVEL 1,450 INSURANCE 2,532 EDUCATION 534 MERCHANT SERVICE FEES 609 TECHKIDS 45,698 FILING FEES 350 TOTAL 57,477
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS PAYABLE AND ACCRUED EXPENSES 3,476 2,480 SUPPORT FOR FUTURE PERIODS 83,333 80,500 SCOTT ADELMAN FUND 2,975 0
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: IN PARTNERSHIP WITH CARROLL COMMUNITY COLLEGE, MCDANIEL COLLEGE AND THE CARROLL COUNTY BUSINESS EMPLOYMENT RESOURCE CENTER, THE ORGANIZATION HAS OFFERED A REDUCED MEMBERSHIP RATE TO THOSE INDIVIDUALS WHO HAVE AN INTEREST IN TECHNOLOGY. THE ORGANIZATION HAS PROVIDED FINANCIAL SUPPORT TO LOCAL ROBOTICS PROGRAMS AND MEMBERS HAVE VOLUNTEERED AND DONATED TIME TO THOSE PROGRAMS SERVING AS JUDGES AND MENTORS. MEMBERS HAVE ALSO PARTICIPATED IN NUMEROUS COMMUNITY EVENTS AND FORUMS WHERE THEY HAVE BEEN THE "TECHNOLOGISTS- OR EXPERTS IN REGARD TO VARIOUS TOPICS. MEMBERS SERVE ON THE ADVISORY BOARD TO TECH INCUBATORS IN THE COMMUNITY AS WELL AS IN THE REGION. MEMBERS ALSO SERVE ON THE COUNTY'S LONG-TERM ADVISORY COUNCIL, CARROLL COUNTY BROADBAND ADVISORY BOARD, AND MILLION WOMEN MENTORS PROGRAM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4TECHKIDS/TECHWORKS PROGRAMS PROVIDE COMPLETE COMPUTER SYSTEMS INCLUDING MICROSOFT OFFICE SUITE TO DISPLACED WORKERS SEEKING EMPLOYMENT AND LOCAL NONPROFIT ORGANIZATIONS. MEMBERS HAVE DONATED OVER 3,000 NEW AND REFURBISHED COMPUTERS TO QUALIFIED FAMILIES, STUDENTS, WORKERS AND OTHER NONPROFIT 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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ReturnHeader/BusinessOfficerGrp/SignatureDt02019-08-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARROLL TECHNOLOGY COUNCIL INC
ReturnHeader/Filer/BusinessNameControlTxt0CARR
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ReturnHeader/Filer/PhoneNum04432441261
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ReturnHeader/Filer/USAddress/CityNm0WESTMINSTER
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ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A327F4F797039703F5B5AABEF5127DE51FE94187
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.52.31.127
ReturnHeader/FilingSecurityInformation/IPDt02019-08-09
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:45:26
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0464421242
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0RELATE CPA PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0120 E 4TH AVE STE C-3
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MOUNT DORA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd032757
ReturnHeader/PreparerPersonGrp/PhoneNum03527200321
ReturnHeader/PreparerPersonGrp/PreparationDt02019-08-09
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN J CAMPION JR CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02019-08-09T10:45:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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