Civic Intelligence

Frederick Innovative Technology Center Inc.

990 • Fiscal year 2020 • EIN 20-1262262

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 02, 2020

4539 Metropolitan CourtFrederick, MD 21704

(301) 694-2999

Siviq Scores

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

Liabilities / Assets

87th percentile

0.61x

Higher debt load relative to assets than 87% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

86th percentile

0.63x

Higher debt load relative to revenue than 86% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

25th percentile

-8.2%

Higher net margin than 25% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

43rd percentile

3.1%

Faster asset growth than 43% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

34th percentile

-13%

Faster revenue growth than 34% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$696,197

Up $20,779 (+3.1%) from 2019

Net Assets

Down

$273,126

Down $55,071 (-17%) from 2019

Liabilities

Up

$423,071

Up $75,850 (+22%) from 2019

Revenue

Down

$667,649

Down $97,392 (-13%) from 2019

Expenses

Down

$722,720

Down $152,949 (-17%) from 2019

Net Income

Up

-$55,071

Up $55,557 (+50%) from 2019

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $962,901Liabilities 2010: $81,602Net Assets 2010: $881,2992010Assets 2011: $876,558Liabilities 2011: $108,149Net Assets 2011: $768,4092011Assets 2012: $725,125Liabilities 2012: $48,560Net Assets 2012: $676,5652012Assets 2013: $474,508Liabilities 2013: $119,730Net Assets 2013: $354,7782013Assets 2014: $407,108Liabilities 2014: $80,398Net Assets 2014: $326,7102014Assets 2015: $317,631Liabilities 2015: $63,742Net Assets 2015: $253,8892015Assets 2016: $314,091Liabilities 2016: $36,453Net Assets 2016: $277,6382016Assets 2017: $514,554Liabilities 2017: $73,439Net Assets 2017: $441,1152017Assets 2018: $509,604Liabilities 2018: $70,779Net Assets 2018: $438,8252018Assets 2019: $675,418Liabilities 2019: $347,221Net Assets 2019: $328,1972019Assets 2020: $696,197Liabilities 2020: $423,071Net Assets 2020: $273,1262020Assets 2021: $806,151Liabilities 2021: $256,659Net Assets 2021: $549,4922021Assets 2022: $867,854Liabilities 2022: $565,515Net Assets 2022: $302,3392022Assets 2023: $2,908,352Liabilities 2023: $2,070,135Net Assets 2023: $838,2172023Assets 2024: $10,993,146Liabilities 2024: $3,870,879Net Assets 2024: $7,122,2672024

Highlighted filing

2020

Assets$696,197
Liabilities$423,071
Net Assets$273,126

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $718,1912010Revenue 2011: $552,998Expenses 2011: $665,888Net Income 2011: -$112,8902011Expenses 2012: $718,6362012Expenses 2013: $637,7402013Revenue 2014: $390,980Expenses 2014: $439,040Net Income 2014: -$48,0602014Revenue 2015: $407,682Expenses 2015: $480,503Net Income 2015: -$72,8212015Revenue 2016: $413,102Expenses 2016: $397,413Net Income 2016: $15,6892016Revenue 2017: $787,172Expenses 2017: $623,695Net Income 2017: $163,4772017Revenue 2018: $531,614Expenses 2018: $533,904Net Income 2018: -$2,2902018Revenue 2019: $765,041Expenses 2019: $875,669Net Income 2019: -$110,6282019Revenue 2020: $667,649Expenses 2020: $722,720Net Income 2020: -$55,0712020Revenue 2021: $1,004,662Expenses 2021: $728,296Net Income 2021: $276,3662021Revenue 2022: $794,175Expenses 2022: $959,989Net Income 2022: -$165,8142022Revenue 2023: $1,638,890Expenses 2023: $1,103,012Net Income 2023: $535,8782023Revenue 2024: $7,751,754Expenses 2024: $1,772,567Net Income 2024: $5,979,1872024

Highlighted filing

2020

Revenue$667,649
Expenses$722,720
Net Income-$55,071
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 2, 2020
Return Version
2019v5.1
Gross Receipts
$667,649
Mission and Program Overview

Mission

To foster entrepreneurial activity in the information technology and life science industries within frederick county, maryland.

To provide a nurturing and supportive environment to start-up technology-based businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$399,612$486,628▲ $87,016
Land, Buildings, and Equipment, Net$207,496$160,161▼ $47,335
Accounts Receivable$68,310$49,408▼ $18,902
Total Assets$675,418$696,197▲ $20,779
Liabilities
Other Liabilities$331,699$378,472▲ $46,773
Mortgage Notes Payable Secured by Investment Property$7,573$39,101▲ $31,528
Accounts Payable and Accrued Expenses$6,149$5,498▼ $651
Unsecured Notes Loans Payable$1,800--
Total Liabilities$347,221$423,071▲ $75,850
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,187,500$1,212,500▲ $25,000
Net Assets Without Donor Restrictions$-859,303$-939,374▼ $80,071
Total Net Assets Fund Balance$328,197$273,126▼ $55,071
Total Liabilities and Net Assets / Fund Balance$675,418$696,197▲ $20,779

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$64,887$578,620$643,507
Equipment$95,274$538,916$634,190
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kelly EnnisChair Development
Carl GrantChairman
Brett KraimerEducation Committee Chair
Don SchillingPast Chairman
David GurzickPromotion Committee Chair
Kathie Callahan BradyPresident/CEO
Richard GriffinVice Chairman
Angie CollierDevelopment & Investmen Co
Jon RowleyGrowth Advisory Committee
Scott RyserGrowth Advisory Committee
Anne BalduzziMember
George DavisMember
JEANNE O'CONNELLMember
Jodie BollingerMember
John NowellMember
Martin LaperaMember
Michelle HoffmanMember
Tamar OstermanMember
Ted GregoryTreasurer/secretary
Revenue and Support

Revenue Composition

Contributions and Grants
$283,501
Program Service Revenue
$383,679
Investment Income
$469
Other Revenue
$0
All Other Contributions
$81,160
Change in Net Assets
$-55,071
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$539,323
Salaries, Compensation, and Employee Benefits$183,397
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$207,956$28,564-$236,520
Other Salaries and Wages$137,786$26,367-$164,153
Depreciation Depletion$66,808$16,702-$83,510
Office Expenses$28,178$9,346-$37,524
Fees for Services Other$8,117$23,981-$32,098
Advertising$20,243$15-$20,258
Payroll Taxes$14,222$2,730-$16,952
Other Expenses$6,252$2,553-$8,805
All Other Expenses$7,973$719-$8,692
Conferences and Meetings$6,833$39-$6,872
Insurance-$6,555-$6,555
Fees for Services Accounting-$5,050-$5,050
Travel$3,029$233-$3,262
Fees for Services Legal-$2,625-$2,625
Other Employee Benefits$1,792$500-$2,292
Information Technology$688$1,032-$1,720
Interest-$807-$807
Total Functional Expenses$587,734$134,986$0$722,720
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Unearned Grants$304,796
Tenant Rents Paid in Advance$34,150
Tenant Security Deposits$30,744
Capital Lease Obligation$8,782
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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 B, Line 11B

A copy of the form 990 is provided to all board members for review prior to filing.

Form 990, Part VI, Section B, Line 12C

The board of directors requires board members annually to review a conflict of interest disclosure statement.

Form 990, Part VI, Section C, Line 19

The information is available upon request.

Filing and Contact Details

Filer

Filer Name
Frederick Innovative Technology Center
EIN
20-1262262
Phone
3016942999
Address
4539 METROPOLITAN COURT, FREDERICK, MD 21704

Signing Officer

Name
Kathie Callahan Brady
Title
President/CEO
Phone
3016942999
Signed
2020-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kathie Callahan Brady
Formed
2004
Legal Domicile
Md
Voting Board Members
19
Independent Board Members
19
Employees
6
Volunteers
75

Preparer

Firm
Hildebrand Limparis & Associates Cpas Pc
Address
7101 GUILFORD DRIVE SUITE 200, FREDERICK, MD 21704
Preparer
Carl Hildebrand
Phone
3016209101
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

The organization's federal exempt organization tax returns are subject to examination by the irs, generally for three years after they were filed. For the year ended june 30, 2020 and open tax years 2019, 2018, 2018, there is no known unrecognized tax provision.

Raw XML AppendixShowing 400 of 499 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt06149
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt05498
IRS990/AccountsReceivableGrp/BOYAmt068310
IRS990/AccountsReceivableGrp/EOYAmt049408
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE A NURTURING AND SUPPORTIVE ENVIRONMENT TO START-UP TECHNOLOGY-BASED BUSINESSES.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt015
IRS990/AdvertisingGrp/ProgramServicesAmt020243
IRS990/AdvertisingGrp/TotalAmt020258
IRS990/AllOtherContributionsAmt081160
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0719
IRS990/AllOtherExpensesGrp/ProgramServicesAmt07973
IRS990/AllOtherExpensesGrp/TotalAmt08692
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd00
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0THE ORGANIZATION
IRS990/BooksInCareOfDetail/PhoneNum03016942999
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt04539 METROPOLITAN COURT
IRS990/BooksInCareOfDetail/USAddress/CityNm0FREDERICK
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd021704
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0399612
IRS990/CashNonInterestBearingGrp/EOYAmt0486628
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt039
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt06833
IRS990/ConferencesMeetingsGrp/TotalAmt06872
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0283501
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0469
IRS990/CYOtherExpensesAmt0539323
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0383679
IRS990/CYRevenuesLessExpensesAmt0-55071
IRS990/CYSalariesCompEmpBnftPaidAmt0183397
IRS990/CYTotalExpensesAmt0722720
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0667649
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt016702
IRS990/DepreciationDepletionGrp/ProgramServicesAmt066808
IRS990/DepreciationDepletionGrp/TotalAmt083510
IRS990/Desc0PROVIDES FURNISHED OFFICES AND WET LABS EQUIPPED WITH HIGH-SPEED INTERNET, TELEPHONES, AND ADMINISTRATIVE SERVICES, SUPPORTING CLIENTS EMPLOYING NEARLY A HUNDRED PEOPLE AT ANY GIVEN TIME.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01187500
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01212500
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt06
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0587734
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt05050
IRS990/FeesForServicesAccountingGrp/TotalAmt05050
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02625
IRS990/FeesForServicesLegalGrp/TotalAmt02625
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt023981
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt08117
IRS990/FeesForServicesOtherGrp/TotalAmt032098
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt056.69
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.46
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.74
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.58
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.40
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.43
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.42
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.37
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.06
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.09
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt130.12
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.03
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt150.03
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt160.06
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt170.03
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt180.06
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/PersonNm0KATHIE CALLAHAN BRADY
IRS990/Form990PartVIISectionAGrp/PersonNm1CARL GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm2SCOTT RYSER
IRS990/Form990PartVIISectionAGrp/PersonNm3TED GREGORY
IRS990/Form990PartVIISectionAGrp/PersonNm4DON SCHILLING
IRS990/Form990PartVIISectionAGrp/PersonNm5RICHARD GRIFFIN
IRS990/Form990PartVIISectionAGrp/PersonNm6JODIE BOLLINGER
IRS990/Form990PartVIISectionAGrp/PersonNm7JON ROWLEY
IRS990/Form990PartVIISectionAGrp/PersonNm8DAVID GURZICK
IRS990/Form990PartVIISectionAGrp/PersonNm9BRETT KRAIMER
IRS990/Form990PartVIISectionAGrp/PersonNm10ANGIE COLLIER
IRS990/Form990PartVIISectionAGrp/PersonNm11KELLY ENNIS
IRS990/Form990PartVIISectionAGrp/PersonNm12MARTIN LAPERA
IRS990/Form990PartVIISectionAGrp/PersonNm13TAMAR OSTERMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14JOHN NOWELL
IRS990/Form990PartVIISectionAGrp/PersonNm15JEANNE O'CONNELL
IRS990/Form990PartVIISectionAGrp/PersonNm16MICHELLE HOFFMAN
IRS990/Form990PartVIISectionAGrp/PersonNm17ANNE BALDUZZI
IRS990/Form990PartVIISectionAGrp/PersonNm18GEORGE DAVIS
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2GROWTH ADVISORY COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TREASURER/SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4PAST CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt5VICE CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7GROWTH ADVISORY COMMITTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8PROMOTION COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt9EDUCATION COMMITTEE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DEVELOPMENT & INVESTMEN CO
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIR DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt17MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt18MEMBER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt019
IRS990/GovernmentGrantsAmt0202341
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0667649
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt019
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt01032
IRS990/InformationTechnologyGrp/ProgramServicesAmt0688
IRS990/InformationTechnologyGrp/TotalAmt01720
IRS990/InsuranceGrp/ManagementAndGeneralAmt06555
IRS990/InsuranceGrp/TotalAmt06555
IRS990/InterestGrp/ManagementAndGeneralAmt0807
IRS990/InterestGrp/TotalAmt0807
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0469
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0469
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt026
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01117536
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0207496
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0160161
IRS990/LandBldgEquipCostOrOtherBssAmt01277697
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO FOSTER ENTREPRENEURIAL ACTIVITY IN THE INFORMATION TECHNOLOGY AND LIFE SCIENCE INDUSTRIES WITHIN FREDERICK COUNTY, MARYLAND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt07573
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt039101
IRS990/NetAssetsOrFundBalancesBOYAmt0328197
IRS990/NetAssetsOrFundBalancesEOYAmt0273126
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-859303
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-939374
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt028564
IRS990/OccupancyGrp/ProgramServicesAmt0207956
IRS990/OccupancyGrp/TotalAmt0236520
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09346
IRS990/OfficeExpensesGrp/ProgramServicesAmt028178
IRS990/OfficeExpensesGrp/TotalAmt037524
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0500
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt01792
IRS990/OtherEmployeeBenefitsGrp/TotalAmt02292
IRS990/OtherExpensesGrp/Desc0EQUIPMENT AND COMPUTER
IRS990/OtherExpensesGrp/Desc1SUPPORT TO OTHERS
IRS990/OtherExpensesGrp/Desc2MEMBERSHIP DUES
IRS990/OtherExpensesGrp/Desc3TELEPHONE AND COMMUNICA
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07168
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12553
IRS990/OtherExpensesGrp/ProgramServicesAmt057243
IRS990/OtherExpensesGrp/ProgramServicesAmt114750
IRS990/OtherExpensesGrp/ProgramServicesAmt25864
IRS990/OtherExpensesGrp/ProgramServicesAmt36252
IRS990/OtherExpensesGrp/TotalAmt057243
IRS990/OtherExpensesGrp/TotalAmt114750
IRS990/OtherExpensesGrp/TotalAmt213032
IRS990/OtherExpensesGrp/TotalAmt38805
IRS990/OtherLiabilitiesGrp/BOYAmt0331699
IRS990/OtherLiabilitiesGrp/EOYAmt0378472
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt026367
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0137786
IRS990/OtherSalariesAndWagesGrp/TotalAmt0164153
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02730
IRS990/PayrollTaxesGrp/ProgramServicesAmt014222
IRS990/PayrollTaxesGrp/TotalAmt016952
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0KATHIE CALLAHAN BRADY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531120
IRS990/ProgramServiceRevenueGrp/BusinessCd1611710
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME FROM TEN
IRS990/ProgramServiceRevenueGrp/Desc1SERVICE FEES FROM CLIE
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0348634
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt135045
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0348634
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt135045
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0310165
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0299
IRS990/PYOtherExpensesAmt0705014
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0454577
IRS990/PYRevenuesLessExpensesAmt0-110628
IRS990/PYSalariesCompEmpBnftPaidAmt0170655
IRS990/PYTotalExpensesAmt0875669
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0765041
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0-55071
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0384148
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0202341
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0272163
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt072327
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0127286
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt090000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0764117
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02152589
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0764117
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0202341
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0272163
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt072327
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0127286
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt090000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0764117
IRS990ScheduleA/TotalSupportAmt0764117
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/BookValueAmt095274
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0538916
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0634190
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt064887
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt0578620
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0643507
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt030744
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt18782
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2304796
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt334150
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1CAPITAL LEASE OBLIGATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2UNEARNED GRANTS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3TENANT RENTS PAID IN ADVANCE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FOR THE YEAR ENDED JUNE 30, 2020 AND OPEN TAX YEARS 2019, 2018, 2018, THERE IS NO KNOWN UNRECOGNIZED TAX PROVISION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0160161
IRS990ScheduleD/TotalLiabilityAmt0378472

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$11.0$3.87$7.12$7.75$1.77$5.98
2023Detailed filing. Detailed filing data is available for this year.$2.91$2.07$0.84$1.64$1.10$0.54
2022Detailed filing. Detailed filing data is available for this year.$0.87$0.57$0.30$0.79$0.96$0.17
2021Detailed filing. Detailed filing data is available for this year.$0.81$0.26$0.55$1.00$0.73$0.28
2020Detailed filing. Detailed filing data is available for this year.$0.70$0.42$0.27$0.67$0.72$0.06
2019Detailed filing. Detailed filing data is available for this year.$0.68$0.35$0.33$0.77$0.88$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.07$0.44$0.53$0.53$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.51$0.07$0.44$0.79$0.62$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.31$0.04$0.28$0.41$0.40$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.32$0.06$0.25$0.41$0.48$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.41$0.08$0.33$0.39$0.44$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.47$0.12$0.35$0.64
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.73$0.05$0.68$0.72
2011Summary only. Only limited summary data is available for this year.$0.88$0.11$0.77$0.55$0.67$0.11
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.08$0.88$0.72