Civic Intelligence

Mount Vernon Triangle Community Improvement District

990 • Fiscal year 2023 • EIN 20-1608105

Oct 01, 2022 to Sep 30, 2023 • Filed on Aug 15, 2024

200 K St NW Ste 3Washington, DC 20001-9999

(202) 216-0511

Siviq Scores

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

Liabilities / Assets

79th percentile

0.40x

Higher debt load relative to assets than 79% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

74th percentile

0.40x

Higher debt load relative to revenue than 74% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Net Margin

61st percentile

7.8%

Higher net margin than 61% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

64th percentile

$179,518

Higher top officer pay than 64% of similar nonprofits.

Top officer pay equals 12.8% of source-year revenue.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2023

Asset Growth

74th percentile

16%

Faster asset growth than 74% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

20th percentile

-4.3%

Faster revenue growth than 20% of similar nonprofits.

2023 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Up

$1,382,218

Up $193,808 (+16%) from 2022

Net Assets

Up

$823,825

Up $109,073 (+15%) from 2022

Liabilities

Up

$558,393

Up $84,735 (+18%) from 2022

Revenue

Down

$1,402,538

Down $63,014 (-4.3%) from 2022

Expenses

Down

$1,293,465

Down $69,979 (-5.1%) from 2022

Net Income

Up

$109,073

Up $6,965 (+6.8%) from 2022

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $206,615Liabilities 2011: $46,502Net Assets 2011: $160,1132011Assets 2012: $265,606Liabilities 2012: $68,991Net Assets 2012: $196,6152012Assets 2013: $503,664Liabilities 2013: $87,449Net Assets 2013: $416,2152013Assets 2014: $313,365Liabilities 2014: $49,758Net Assets 2014: $263,6072014Assets 2015: $397,723Liabilities 2015: $63,819Net Assets 2015: $333,9042015Assets 2016: $611,956Liabilities 2016: $118,308Net Assets 2016: $493,6482016Assets 2017: $902,965Liabilities 2017: $357,930Net Assets 2017: $545,0352017Assets 2018: $774,788Liabilities 2018: $278,686Net Assets 2018: $496,1022018Assets 2019: $930,858Liabilities 2019: $344,971Net Assets 2019: $585,8872019Assets 2020: $967,361Liabilities 2020: $411,075Net Assets 2020: $556,2862020Assets 2021: $1,051,527Liabilities 2021: $434,533Net Assets 2021: $616,9942021Assets 2022: $1,188,410Liabilities 2022: $473,658Net Assets 2022: $714,7522022Assets 2023: $1,382,218Liabilities 2023: $558,393Net Assets 2023: $823,8252023Assets 2024: $1,772,725Liabilities 2024: $905,460Net Assets 2024: $867,2652024

Highlighted filing

2023

Assets$1,382,218
Liabilities$558,393
Net Assets$823,825

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $639,263Expenses 2011: $649,759Net Income 2011: -$10,4962011Expenses 2012: $684,2232012Expenses 2013: $685,8842013Revenue 2014: $731,600Expenses 2014: $677,998Net Income 2014: $53,6022014Revenue 2015: $836,234Expenses 2015: $765,937Net Income 2015: $70,2972015Revenue 2016: $941,037Expenses 2016: $904,069Net Income 2016: $36,9682016Revenue 2017: $1,043,745Expenses 2017: $992,358Net Income 2017: $51,3872017Revenue 2018: $996,748Expenses 2018: $1,045,725Net Income 2018: -$48,9772018Revenue 2019: $1,148,113Expenses 2019: $1,058,328Net Income 2019: $89,7852019Revenue 2020: $1,067,337Expenses 2020: $1,096,938Net Income 2020: -$29,6012020Revenue 2021: $1,150,504Expenses 2021: $1,089,796Net Income 2021: $60,7082021Revenue 2022: $1,465,552Expenses 2022: $1,363,444Net Income 2022: $102,1082022Revenue 2023: $1,402,538Expenses 2023: $1,293,465Net Income 2023: $109,0732023Revenue 2024: $1,390,200Expenses 2024: $1,346,760Net Income 2024: $43,4402024

Highlighted filing

2023

Revenue$1,402,538
Expenses$1,293,465
Net Income$109,073
Jump To
Filing Snapshot
Filing Period
Oct 1, 2022 to Sep 30, 2023
Signed
Aug 15, 2024
Return Version
2022v5.0
Gross Receipts
$1,402,538
Mission and Program Overview

Mission

To enhance the quality of life of residents, visitors and workers, and to promote the common commercial interests of business and property owners, in the area described as the "mount vernon triangle community improvement district" as defined in the business improvement district act of 1996.

To enhance the quality of life of stakeholders in the mount vernon triangle cid.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$586,970$761,727▲ $174,757
Savings and Temporary Cash Investments$240,000$300,000▲ $60,000
Land, Buildings, and Equipment, Net$117,878$179,670▲ $61,792
Pledges and Grants Receivable$221,625$36,415▼ $185,210
Prepaid Expenses and Deferred Charges$12,954$14,172▲ $1,218
Total Assets$1,188,410$1,382,218▲ $193,808
Other Assets Total$8,983$90,234▲ $81,251
Liabilities
Deferred Revenue$270,592$374,417▲ $103,825
Accounts Payable and Accrued Expenses$181,621$97,484▼ $84,137
Other Liabilities$21,445$86,492▲ $65,047
Total Liabilities$473,658$558,393▲ $84,735
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$714,752$823,825▲ $109,073
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$714,752$823,825▲ $109,073
Total Liabilities and Net Assets / Fund Balance$1,188,410$1,382,218▲ $193,808

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$179,670$235,555$415,225
Other Assets Org$81,251--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kenyattah RobinsonPresident & CEOFT$158,902$20,616$179,518

Board Members and Trustees

NameTitle
Berkeley ShervinChairman
Dr Ivory ToldsonVice-chairman
Elena AndersonAt Large Director
Jimmy DodsonAt Large Director
Rev Dr James TerrellAt Large Director
Samantha MargolisAt Large Director
Abby ElbaumDirector
Anthony BrownDirector
Clarence FlukerDirector
David GermakianDirector
Drew TurnerDirector
Matthew ButlerDirector
Nate MasonDirector
Pete OtteniDirector
Stephan RodigerDirector
Tessa HallDirector
Rahul VinodSecretary
Aubrey StephensonTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Capitol Hill BidCleaning/street Maintenance1451 PENNSYLVANIA AVENUE SE UNIT 1, Washington, DC 20003$389,146
Revenue and Support

Revenue Composition

Contributions and Grants
$150,460
Program Service Revenue
$1,244,605
Investment Income
$7,473
Other Revenue
$0
Change in Net Assets
$109,073

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,402,538
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,402,538
Total Revenue per Form 990
$1,402,538
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$899,741
Salaries, Compensation, and Employee Benefits$393,724
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$197,266
Other Salaries and Wages---$152,913
Fees for Services Accounting---$99,475
Occupancy---$94,206
Depreciation Depletion---$44,574
Advertising---$30,000
Payroll Taxes---$25,799
Other Expenses---$16,123
Other Employee Benefits---$14,126
Office Expenses---$10,529
Fees for Services Legal---$10,318
All Other Expenses---$10,111
Insurance---$6,660
Travel---$4,358
Pension Plan Contributions---$3,620
Total Functional Expenses$0$0$0$1,293,465

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,293,465
Total Expenses per Audited Statements$1,293,465
Total Expenses per Form 990$1,293,465
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
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liability$86,492
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The corporation is a membership corporation. Persons eligible for membership shall include non-exempt property owners and other voluntary rate payers in the cid area.

Form 990, Part VI, Section A, Line 7A

Members of the mount vernon triangle community improvement district elect the organization's governing body (board of directors)

Form 990, Part VI, Section A, Line 7B

Members not on the board of directors can vote to approve certain changes.

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

The executive committee is provided a copy of the 990 prior to filing the return. Board members not on the executive committee are informed of the filing with a copy for their review provided upon request.

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

Employees have an obligation to conduct business within guidelines that prohibit actual or potential conflicts of interest. This policy establishes only the framework within which the mount vernon triangle cid plans to operate. The purpose of these guidelines is to provide general direction so employees can seek further clarification on issues related to the subject of acceptable standards of operation. The basic principle of conflict of interest is that employees should avoid any activity, investment, or interest that might reflect unfavorably upon the integrity or good name of the employee or of the mount vernon triangle cid.

Form 990, Part VI, Section B, Line 15

The board chairman and vice chairman meet with the president & ceo when compensation recommendations have been approved to discuss changes in compensation and benefits.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public on their website www.mvtcid.org

Filing and Contact Details

Filer

Filer Name
Mount Vernon Triangle Community
EIN
20-1608105
Phone
2022160511
Address
200 K ST NW STE 3, WASHINGTON, DC 20001-9999

Signing Officer

Name
Kenyattah Robinson
Title
President and CEO
Phone
2022160511
Signed
2024-08-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kenyattah Robinson
Formed
2003
Legal Domicile
Dc
Voting Board Members
18
Independent Board Members
18
Employees
4
Volunteers
0

Preparer

Firm
Matthews Carter & Boyce
Address
12500 FAIR LAKES CIRCLE SUITE 260, FAIRFAX, VA 22033
Preparer
Kathleen M Flaherty
Phone
7032183600
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization did not change its oversight or selection process during the tax year.

Financial Statement Notes

PART X, LINE 2:

The financial accounting standards board (fasb) issued fasb asc740, income taxes, which requires changes in recognition and measurement for uncertain tax positions. The organization has determined that it currently does not have any uncertain tax positions. If this position changes, the organization will assess the impact of any such matters on its statement of financial position and its results of operations.

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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE-CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3AT LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4AT LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5AT LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11AT LARGE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18PRESIDENT & CEO
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr02003
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt018
IRS990/GovernmentGrantsAmt0150460
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt01402538
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt018
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/TotalAmt06660
IRS990/InvestmentIncomeGrp/ExclusionAmt07473
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt07473
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt016
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0235555
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0117878
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0179670
IRS990/LandBldgEquipCostOrOtherBssAmt0415225
IRS990/LegalDomicileStateCd0DC
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO ENHANCE THE QUALITY OF LIFE OF RESIDENTS, VISITORS AND WORKERS, AND TO PROMOTE THE COMMON COMMERCIAL INTERESTS OF BUSINESS AND PROPERTY OWNERS, IN THE AREA DESCRIBED AS THE "MOUNT VERNON TRIANGLE COMMUNITY IMPROVEMENT DISTRICT" AS DEFINED IN THE BUSINESS IMPROVEMENT DISTRICT ACT OF 1996.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0714752
IRS990/NetAssetsOrFundBalancesEOYAmt0823825
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0714752
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0823825
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/TotalAmt094206
IRS990/OfficeExpensesGrp/TotalAmt010529
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08983
IRS990/OtherAssetsTotalGrp/EOYAmt090234
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014126
IRS990/OtherExpensesGrp/Desc0CLEANING & MAINTENANCE
IRS990/OtherExpensesGrp/Desc1OTHER PROGRAM COSTS
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTION
IRS990/OtherExpensesGrp/Desc3TELEPHONE/INTERNET/SECU
IRS990/OtherExpensesGrp/TotalAmt0425980
IRS990/OtherExpensesGrp/TotalAmt1125749
IRS990/OtherExpensesGrp/TotalAmt221658
IRS990/OtherExpensesGrp/TotalAmt316123
IRS990/OtherLiabilitiesGrp/BOYAmt021445
IRS990/OtherLiabilitiesGrp/EOYAmt086492
IRS990/OtherSalariesAndWagesGrp/TotalAmt0152913
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt025799
IRS990/PensionPlanContributionsGrp/TotalAmt03620
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0221625
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt036415
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt012954
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt014172
IRS990/PrincipalOfficerNm0KENYATTAH ROBINSON
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0561499
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0MEMBER ASSESSMENT
IRS990/ProgramServiceRevenueGrp/Desc1CONTRACT REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2LATE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01011807
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1226996
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt25802
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01011807
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1226996
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt25802
IRS990/ProgSrvcAccomActy2Grp/Desc0MARKETING AND ECONOMIC DEVELOPMENT PROGRAMS - MARKETING IS AN IMPORTANT ACTIVITY FOR THE MVT CID WITH GOALS TO PROMOTE ECONOMIC DEVELOPMENT - ATTRACTING BUSINESSES, RETAILERS AND RESIDENTS - AND TO ENCOURAGE CURRENT RESIDENTS AND BUSINESSES TO ENJOY ALL THAT THE TRIANGLE HAS TO OFFER. THE MVT CID PROMOTES RETAILERS AND NEW DEVELOPMENT, SUPPORTS THEIR BUSINESS-SPECIFIC MARKETING EFFORTS AND PURSUES OPPORTUNITIES TO HIGHLIGHT INTERESTING STORIES WITHIN THE COMMUNITY. WE ALSO MEET WITH POTENTIAL NEW RETAIL AND OFFICE CLIENTS TO ATTRACT THEM TO THE NEIGHBORHOOD.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0168722
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0753
IRS990/PYOtherExpensesAmt01013959
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt01296077
IRS990/PYRevenuesLessExpensesAmt0102108
IRS990/PYSalariesCompEmpBnftPaidAmt0349485
IRS990/PYTotalExpensesAmt01363444
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01465552
IRS990/ReconcilationRevenueExpnssAmt0109073
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0240000
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0300000
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
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt0179670
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0235555
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0415225
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01293465
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt08983
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt181251
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0DEPOSITS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RIGHT-OF-USE ASSETS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt086492
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0OPERATING LEASE LIABILITY
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt01402538
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC740, INCOME TAXES, WHICH REQUIRES CHANGES IN RECOGNITION AND MEASUREMENT FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT IT CURRENTLY DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. IF THIS POSITION CHANGES, THE ORGANIZATION WILL ASSESS THE IMPACT OF ANY SUCH MATTERS ON ITS STATEMENT OF FINANCIAL POSITION AND ITS RESULTS OF OPERATIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0179670
IRS990ScheduleD/TotalBookValueOtherAssetsAmt090234
IRS990ScheduleD/TotalExpensesPerForm990Amt01293465
IRS990ScheduleD/TotalLiabilityAmt086492
IRS990ScheduleD/TotalRevenuePerForm990Amt01402538
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01402538
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01293465
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0158902
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt09434
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt011182
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KENYATTAH ROBINSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT & CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0179518
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE CORPORATION IS A MEMBERSHIP CORPORATION. PERSONS ELIGIBLE FOR MEMBERSHIP SHALL INCLUDE NON-EXEMPT PROPERTY OWNERS AND OTHER VOLUNTARY RATE PAYERS IN THE CID AREA.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MEMBERS OF THE MOUNT VERNON TRIANGLE COMMUNITY IMPROVEMENT DISTRICT ELECT THE ORGANIZATION'S GOVERNING BODY (BOARD OF DIRECTORS)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS NOT ON THE BOARD OF DIRECTORS CAN VOTE TO APPROVE CERTAIN CHANGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE COMMITTEE IS PROVIDED A COPY OF THE 990 PRIOR TO FILING THE RETURN. BOARD MEMBERS NOT ON THE EXECUTIVE COMMITTEE ARE INFORMED OF THE FILING WITH A COPY FOR THEIR REVIEW PROVIDED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4EMPLOYEES HAVE AN OBLIGATION TO CONDUCT BUSINESS WITHIN GUIDELINES THAT PROHIBIT ACTUAL OR POTENTIAL CONFLICTS OF INTEREST. THIS POLICY ESTABLISHES ONLY THE FRAMEWORK WITHIN WHICH THE MOUNT VERNON TRIANGLE CID PLANS TO OPERATE. THE PURPOSE OF THESE GUIDELINES IS TO PROVIDE GENERAL DIRECTION SO EMPLOYEES CAN SEEK FURTHER CLARIFICATION ON ISSUES RELATED TO THE SUBJECT OF ACCEPTABLE STANDARDS OF OPERATION. THE BASIC PRINCIPLE OF CONFLICT OF INTEREST IS THAT EMPLOYEES SHOULD AVOID ANY ACTIVITY, INVESTMENT, OR INTEREST THAT MIGHT REFLECT UNFAVORABLY UPON THE INTEGRITY OR GOOD NAME OF THE EMPLOYEE OR OF THE MOUNT VERNON TRIANGLE CID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD CHAIRMAN AND VICE CHAIRMAN MEET WITH THE PRESIDENT & CEO WHEN COMPENSATION RECOMMENDATIONS HAVE BEEN APPROVED TO DISCUSS CHANGES IN COMPENSATION AND BENEFITS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON THEIR WEBSITE WWW.MVTCID.ORG
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESS DURING THE TAX YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.91$0.87$1.39$1.35$0.04
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.56$0.82$1.40$1.29$0.11
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.47$0.71$1.47$1.36$0.10
2021Detailed filing. Detailed filing data is available for this year.$1.05$0.43$0.62$1.15$1.09$0.06
2020Detailed filing. Detailed filing data is available for this year.$0.97$0.41$0.56$1.07$1.10$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.93$0.34$0.59$1.15$1.06$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.77$0.28$0.50$1.00$1.05$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.90$0.36$0.55$1.04$0.99$0.05
2016Detailed filing. Detailed filing data is available for this year.$0.61$0.12$0.49$0.94$0.90$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.40$0.06$0.33$0.84$0.77$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.31$0.05$0.26$0.73$0.68$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.09$0.42$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.07$0.20$0.68
2011Summary only. Only limited summary data is available for this year.$0.21$0.05$0.16$0.64$0.65$0.01