Civic Intelligence

Midatlantic Fiber Association Inc

990 • Fiscal year 2017 • EIN 22-2339820

Oct 01, 2016 to Sep 30, 2017 • Filed on May 08, 2018

4506 Laurel RdShipman, VA 22971

(434) 263-6152

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

77th percentile

21%

Higher net margin than 77% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Asset Growth

30th percentile

-8.8%

Faster asset growth than 30% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

69th percentile

16%

Faster revenue growth than 69% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2017

Assets

Down

$161,737

Down $32,908 (-17%) from 2015

Net Assets

Down

$161,737

Down $32,308 (-17%) from 2015

Liabilities

Down

$0

Down $600 (-100%) from 2015

Revenue

Up

$233,787

Up $59,816 (+34%) from 2015

Expenses

Up

$183,697

Up $109,374 (+147%) from 2015

Net Income

Down

$50,090

Down $49,558 (-50%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2011: $94,443Liabilities 2011: $02011Assets 2013: $97,514Liabilities 2013: $0Net Assets 2013: $97,5142013Assets 2015: $194,645Liabilities 2015: $600Net Assets 2015: $194,0452015Assets 2017: $161,737Liabilities 2017: $0Net Assets 2017: $161,7372017Assets 2019: $199,295Liabilities 2019: $0Net Assets 2019: $199,2952019Assets 2021: $249,340Net Assets 2021: $249,3402021Assets 2023: $251,875Liabilities 2023: $0Net Assets 2023: $251,8752023Assets 2025: $293,304Liabilities 2025: $11Net Assets 2025: $293,2932025

Highlighted filing

2017

Assets$161,737
Liabilities$0
Net Assets$161,737

Operations Trend

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

$400K$300K$200K$100K$0Revenue 2011: $115,674Expenses 2011: $88,385Net Income 2011: $27,2892011Revenue 2013: $73,990Expenses 2013: $65,921Net Income 2013: $8,0692013Revenue 2015: $173,971Expenses 2015: $74,323Net Income 2015: $99,6482015Revenue 2017: $233,787Expenses 2017: $183,697Net Income 2017: $50,0902017Revenue 2019: $262,838Expenses 2019: $215,720Net Income 2019: $47,1182019Revenue 2021: $146,257Expenses 2021: $85,829Net Income 2021: $60,4282021Revenue 2023: $327,638Expenses 2023: $314,326Net Income 2023: $13,3122023Revenue 2025: $318,742Expenses 2025: $267,046Net Income 2025: $51,6962025

Highlighted filing

2017

Revenue$233,787
Expenses$183,697
Net Income$50,090
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
May 8, 2018
Return Version
2016v3.1
Gross Receipts
$233,787
Mission and Program Overview

Mission

EDUCATE IN FIBER ARTS

To act as a central organization for all fiber interest groups in the mid- atlantic united states which choose to become member groups of the association. To encourage cooperation among the fiber groups in the mid-atlantic region of the united states. To plan, organize, and conduct conferences and other events for education and communication in the fiber arts field.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$111,647$161,737▲ $50,090
Total Assets$111,647$161,737▲ $50,090
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$108,978$160,923▲ $51,945
Temporarily Rstr Net Assets$2,669$814▼ $1,855
Total Net Assets Fund Balance$111,647$161,737▲ $50,090
Total Liabilities and Net Assets / Fund Balance$111,647$161,737▲ $50,090
Compensation and Service Providers

Board Members and Trustees

NameTitle
Carol WoodsGrants Chair
Mary StrouseGrants Chair
Elisa EigerPresident
Charlene Marietti1st VP-commu
Donna Mentzer2nd VP-confe
Dave BanksMember Coord
Ellen TurnerPast Preside
Karen MillerSecretary
Marla CampbellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$220
Program Service Revenue
$232,882
Investment Income
$685
Other Revenue
$0
All Other Contributions
$220
Change in Net Assets
$50,090
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,763
Grants and Similar Amounts Paid$2,934
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$177,794--$177,794
Grants to Domestic Individuals$1,700--$1,700
Insurance-$1,568-$1,568
Grants to Domestic Orgs$1,234--$1,234
Fees for Services Other-$750-$750
Other Expenses-$61-$61
Total Functional Expenses$180,728$2,969$0$183,697
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

From the bylaws - article iv. Representatives section 1 each member guild shall elect or appoint (i) one individual (their "representative") to represent the member guild at meetings of representatives (the "representative assembly") of the midatlantic fiber association and (ii) an alternative ("alternative representative") to represent the member guild in those meetings that the representative cannot attend. Representatives and alternative representatives shall serve for two-year terms beginning on october 1 of even-numbered years. Section 2 each member guild shall be entitled to one vote in the representative assembly. Section 3 an individual may serve as a representative for more than one member guild of which he or she is a member. Such a representative shall have one vote for each of the member guilds he or she represents. Section 4 associate members shall have no vote in the representative assembly. Section 5 members of the board of directors may serve as representatives or alternate representatives for their member guilds.

Form 990, Page 6, Part VI, Line 7A

From the bylaws - article vii. Board of directors section 1 the board of directors shall consist of the officers as well as the membership coordinator and the chair of the grants committee. Up to two additional committee chairs designated by the board of directors may also serve on the board. The immediate past president shall serve in an advisory capacity to the board of directors. Section 2 the representatives shall elect all officers for two-year terms. The election shall be by representatives present or by absentee ballot, or by email or other form of electronic ballot. A representative's (or alternate representative's) presence at a meeting takes precedence over their absentee ballot. When possible, election of officers and members of the nominating committee (ref article 8, section 4) shall occur at the biennial conference, which occurs in the summer of odd-numbered years. If for some reason the election cannot be held at the conference, it shall be held no later than september 30 of the odd-numbered year. The terms of office of the officers and members of the nominating committee shall begin on october 1 of the odd-numbered-year, that is, the october following the election. Section 3 any vacancies on the board of directors shall be filled for the unexpired term by a vote of the majority of the members of the board of directors. Section 4 no directors shall receive compensation for serving the corporation in such capacity. All directors shall be entitled to reimbursement for reasonable expenses incurred in connection with service to the corporation. Section 5 no member may hold more than one elected position on the board of directors. Section 6 the meetings of the board of directors shall be held at least quarterly on dates determined by the president, who shall provide written notice of every meeting to the members of the board of directors at least seven calendar days prior to the day of the meeting. Notice may be provided via electronic means. Section 7 between representative assemblies, the board of directors may transact business for the corporation. Section 8 any member of the board of directors may be removed by the affirmative vote of two-thirds of the board of directors whenever in its judgment the best interests of the corporation would be served thereby. Section 9 the board of directors may exercise all powers of the corporation and perform such lawful acts as are not in violation of statute, the articles of incorporation, or these bylaws. In addition, the executive committee is given the specific authority to defend the midatlantic fiber association from any suit in law or equity.

Form 990, Page 6, Part VI, Line 11B

The treasurer of board reviews the form 990 and shares it with entire board for their review. Upon completion of review, the form 990 is filed with the irs.

Form 990, Page 6, Part VI, Line 19

The organizaton's bylaws are on its website and available to the public. Articles of incorporation and financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
Midatlantic Fiber Association
EIN
22-2339820
Phone
4342636152
Address
4506 LAUREL RD, SHIPMAN, VA 22971

Signing Officer

Name
Marla Campbell
Title
Treasurer
Phone
4342636152
Signed
2018-05-08

Organization Details

Principal Officer
Marla Campbell
Formed
1981
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
112

Preparer

Firm
Jones & Company CPA LLC
Address
PO BOX 1150, CROZET, VA 22932-0803
Preparer
Victoria W Jones
Phone
4348235559
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To act as a central organization for all fiber interest groups in the mid- atlantic united states which choose to become member groups of the association. To encourage cooperation among the fiber groups in the mid-atlantic region of the united states. To plan, organize, and conduct conferences and other events for education and communication in the fiber arts field.

Form 990, Page 2, Part III, Line 4C

Learning through project ideas, online posts for sale items and links to other online resources.

Raw XML Appendix359 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.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO ACT AS A CENTRAL ORGANIZATION FOR ALL FIBER INTEREST GROUPS IN THE MID- ATLANTIC UNITED STATES WHICH CHOOSE TO BECOME MEMBER GROUPS OF THE ASSOCIATION. TO ENCOURAGE COOPERATION AMONG THE FIBER GROUPS IN THE MID-ATLANTIC REGION OF THE UNITED STATES. TO PLAN, ORGANIZE, AND CONDUCT CONFERENCES AND OTHER EVENTS FOR EDUCATION AND COMMUNICATION IN THE FIBER ARTS FIELD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LEARNING THROUGH PROJECT IDEAS, ONLINE POSTS FOR SALE ITEMS AND LINKS TO OTHER ONLINE RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FROM THE BYLAWS - ARTICLE IV. REPRESENTATIVES SECTION 1 EACH MEMBER GUILD SHALL ELECT OR APPOINT (I) ONE INDIVIDUAL (THEIR "REPRESENTATIVE") TO REPRESENT THE MEMBER GUILD AT MEETINGS OF REPRESENTATIVES (THE "REPRESENTATIVE ASSEMBLY") OF THE MIDATLANTIC FIBER ASSOCIATION AND (II) AN ALTERNATIVE ("ALTERNATIVE REPRESENTATIVE") TO REPRESENT THE MEMBER GUILD IN THOSE MEETINGS THAT THE REPRESENTATIVE CANNOT ATTEND. REPRESENTATIVES AND ALTERNATIVE REPRESENTATIVES SHALL SERVE FOR TWO-YEAR TERMS BEGINNING ON OCTOBER 1 OF EVEN-NUMBERED YEARS. SECTION 2 EACH MEMBER GUILD SHALL BE ENTITLED TO ONE VOTE IN THE REPRESENTATIVE ASSEMBLY. SECTION 3 AN INDIVIDUAL MAY SERVE AS A REPRESENTATIVE FOR MORE THAN ONE MEMBER GUILD OF WHICH HE OR SHE IS A MEMBER. SUCH A REPRESENTATIVE SHALL HAVE ONE VOTE FOR EACH OF THE MEMBER GUILDS HE OR SHE REPRESENTS. SECTION 4 ASSOCIATE MEMBERS SHALL HAVE NO VOTE IN THE REPRESENTATIVE ASSEMBLY. SECTION 5 MEMBERS OF THE BOARD OF DIRECTORS MAY SERVE AS REPRESENTATIVES OR ALTERNATE REPRESENTATIVES FOR THEIR MEMBER GUILDS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FROM THE BYLAWS - ARTICLE VII. BOARD OF DIRECTORS SECTION 1 THE BOARD OF DIRECTORS SHALL CONSIST OF THE OFFICERS AS WELL AS THE MEMBERSHIP COORDINATOR AND THE CHAIR OF THE GRANTS COMMITTEE. UP TO TWO ADDITIONAL COMMITTEE CHAIRS DESIGNATED BY THE BOARD OF DIRECTORS MAY ALSO SERVE ON THE BOARD. THE IMMEDIATE PAST PRESIDENT SHALL SERVE IN AN ADVISORY CAPACITY TO THE BOARD OF DIRECTORS. SECTION 2 THE REPRESENTATIVES SHALL ELECT ALL OFFICERS FOR TWO-YEAR TERMS. THE ELECTION SHALL BE BY REPRESENTATIVES PRESENT OR BY ABSENTEE BALLOT, OR BY EMAIL OR OTHER FORM OF ELECTRONIC BALLOT. A REPRESENTATIVE'S (OR ALTERNATE REPRESENTATIVE'S) PRESENCE AT A MEETING TAKES PRECEDENCE OVER THEIR ABSENTEE BALLOT. WHEN POSSIBLE, ELECTION OF OFFICERS AND MEMBERS OF THE NOMINATING COMMITTEE (REF ARTICLE 8, SECTION 4) SHALL OCCUR AT THE BIENNIAL CONFERENCE, WHICH OCCURS IN THE SUMMER OF ODD-NUMBERED YEARS. IF FOR SOME REASON THE ELECTION CANNOT BE HELD AT THE CONFERENCE, IT SHALL BE HELD NO LATER THAN SEPTEMBER 30 OF THE ODD-NUMBERED YEAR. THE TERMS OF OFFICE OF THE OFFICERS AND MEMBERS OF THE NOMINATING COMMITTEE SHALL BEGIN ON OCTOBER 1 OF THE ODD-NUMBERED-YEAR, THAT IS, THE OCTOBER FOLLOWING THE ELECTION. SECTION 3 ANY VACANCIES ON THE BOARD OF DIRECTORS SHALL BE FILLED FOR THE UNEXPIRED TERM BY A VOTE OF THE MAJORITY OF THE MEMBERS OF THE BOARD OF DIRECTORS. SECTION 4 NO DIRECTORS SHALL RECEIVE COMPENSATION FOR SERVING THE CORPORATION IN SUCH CAPACITY. ALL DIRECTORS SHALL BE ENTITLED TO REIMBURSEMENT FOR REASONABLE EXPENSES INCURRED IN CONNECTION WITH SERVICE TO THE CORPORATION. SECTION 5 NO MEMBER MAY HOLD MORE THAN ONE ELECTED POSITION ON THE BOARD OF DIRECTORS. SECTION 6 THE MEETINGS OF THE BOARD OF DIRECTORS SHALL BE HELD AT LEAST QUARTERLY ON DATES DETERMINED BY THE PRESIDENT, WHO SHALL PROVIDE WRITTEN NOTICE OF EVERY MEETING TO THE MEMBERS OF THE BOARD OF DIRECTORS AT LEAST SEVEN CALENDAR DAYS PRIOR TO THE DAY OF THE MEETING. NOTICE MAY BE PROVIDED VIA ELECTRONIC MEANS. SECTION 7 BETWEEN REPRESENTATIVE ASSEMBLIES, THE BOARD OF DIRECTORS MAY TRANSACT BUSINESS FOR THE CORPORATION. SECTION 8 ANY MEMBER OF THE BOARD OF DIRECTORS MAY BE REMOVED BY THE AFFIRMATIVE VOTE OF TWO-THIRDS OF THE BOARD OF DIRECTORS WHENEVER IN ITS JUDGMENT THE BEST INTERESTS OF THE CORPORATION WOULD BE SERVED THEREBY. SECTION 9 THE BOARD OF DIRECTORS MAY EXERCISE ALL POWERS OF THE CORPORATION AND PERFORM SUCH LAWFUL ACTS AS ARE NOT IN VIOLATION OF STATUTE, THE ARTICLES OF INCORPORATION, OR THESE BYLAWS. IN ADDITION, THE EXECUTIVE COMMITTEE IS GIVEN THE SPECIFIC AUTHORITY TO DEFEND THE MIDATLANTIC FIBER ASSOCIATION FROM ANY SUIT IN LAW OR EQUITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TREASURER OF BOARD REVIEWS THE FORM 990 AND SHARES IT WITH ENTIRE BOARD FOR THEIR REVIEW. UPON COMPLETION OF REVIEW, THE FORM 990 IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATON'S BYLAWS ARE ON ITS WEBSITE AND AVAILABLE TO THE PUBLIC. ARTICLES OF INCORPORATION AND FINANCIAL STATEMENTS ARE NOT AVAILABLE TO THE PUBLIC.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02018-06-14 16:35:46Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum04342636152
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-08
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0JONES & COMPANY CPA LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CROZET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
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ReturnHeader/PreparerPersonGrp/PhoneNum04348235559
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICTORIA W JONES
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-05-15T14:13:43-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

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