Civic Intelligence

Cumac Echo Inc.

990 • Fiscal year 2016 • EIN 22-2657737

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 14, 2017

223 Ellison Street PO Box 2721Paterson, NJ 07509

(973) 742-5518

Siviq Scores

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

Liabilities / Assets

66th percentile

0.38x

Higher debt load relative to assets than 66% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

41st percentile

0.08x

Higher debt load relative to revenue than 41% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Net Margin

61st percentile

3.4%

Higher net margin than 61% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

49th percentile

$80,347

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 2.2% of source-year revenue.

2016 filings • NTEE P • $1M-$5M nonprofits • Source year 2016

Asset Growth

78th percentile

17%

Faster asset growth than 78% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-3.4%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • NTEE P • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$779,695

Up $114,289 (+17%) from 2015

Net Assets

Up

$486,905

Up $123,691 (+34%) from 2015

Liabilities

Down

$292,790

Down $9,402 (-3.1%) from 2015

Revenue

Down

$3,614,231

Down $126,824 (-3.4%) from 2015

Expenses

Down

$3,490,540

Down $148,256 (-4.1%) from 2015

Net Income

Up

$123,691

Up $21,432 (+21%) from 2015

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2011: $556,406Liabilities 2011: $389,022Net Assets 2011: $167,3842011Assets 2012: $746,553Liabilities 2012: $304,407Net Assets 2012: $442,1462012Assets 2013: $773,006Liabilities 2013: $261,081Net Assets 2013: $511,9252013Assets 2014: $542,966Liabilities 2014: $282,011Net Assets 2014: $260,9552014Assets 2015: $665,406Liabilities 2015: $302,192Net Assets 2015: $363,2142015Assets 2016: $779,695Liabilities 2016: $292,790Net Assets 2016: $486,9052016Assets 2017: $879,742Liabilities 2017: $270,935Net Assets 2017: $608,8072017Assets 2018: $926,310Liabilities 2018: $267,393Net Assets 2018: $658,9172018Assets 2019: $1,124,311Liabilities 2019: $253,939Net Assets 2019: $870,3722019Assets 2020: $1,601,743Liabilities 2020: $362,668Net Assets 2020: $1,239,0752020Assets 2021: $2,528,208Liabilities 2021: $182,457Net Assets 2021: $2,345,7512021Assets 2022: $3,357,851Liabilities 2022: $1,162,441Net Assets 2022: $2,195,4102022Assets 2023: $2,740,648Liabilities 2023: $907,542Net Assets 2023: $1,833,1062023Assets 2024: $2,690,690Liabilities 2024: $630,926Net Assets 2024: $2,059,7642024

Highlighted filing

2016

Assets$779,695
Liabilities$292,790
Net Assets$486,905

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2011: $884,0092011Expenses 2012: $892,2342012Revenue 2013: $1,125,369Expenses 2013: $1,055,590Net Income 2013: $69,7792013Revenue 2014: $4,288,287Expenses 2014: $4,539,257Net Income 2014: -$250,9702014Revenue 2015: $3,741,055Expenses 2015: $3,638,796Net Income 2015: $102,2592015Revenue 2016: $3,614,231Expenses 2016: $3,490,540Net Income 2016: $123,6912016Revenue 2017: $3,882,789Expenses 2017: $3,669,887Net Income 2017: $212,9022017Revenue 2018: $4,453,222Expenses 2018: $4,403,109Net Income 2018: $50,1132018Revenue 2019: $4,598,961Expenses 2019: $4,387,506Net Income 2019: $211,4552019Revenue 2020: $5,188,661Expenses 2020: $4,819,958Net Income 2020: $368,7032020Revenue 2021: $5,734,886Expenses 2021: $4,628,210Net Income 2021: $1,106,6762021Revenue 2022: $6,328,183Expenses 2022: $6,478,526Net Income 2022: -$150,3432022Revenue 2023: $8,170,586Expenses 2023: $8,532,890Net Income 2023: -$362,3042023Revenue 2024: $8,315,362Expenses 2024: $8,458,776Net Income 2024: -$143,4142024

Highlighted filing

2016

Revenue$3,614,231
Expenses$3,490,540
Net Income$123,691
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 14, 2017
Return Version
2016v3.0
Gross Receipts
$3,614,231
Mission and Program Overview

Mission

The organizations mission is to feed people and changes lives. It works to alleviate hunger and its root causes for those in need in paterson, passaic county and northern nj.

Cumac feeds people and changes lives it works to alleviate hunger and its root causes for those in need in paterson, passaic county and northern nj

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$344,536$339,495▼ $5,041
Pledges and Grants Receivable$191,313$240,964▲ $49,651
Cash and Non-Interest-Bearing Accounts$114,139$131,891▲ $17,752
Inventories for Sale or Use-$56,946-
Other Notes and Loans Receivable, Net$1,228$0▼ $1,228
Accounts Receivable$1,566$1,071▼ $495
Prepaid Expenses and Deferred Charges$1,376$818▼ $558
Savings and Temporary Cash Investments-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Total Assets$665,406$779,695▲ $114,289
Other Assets Total$11,248$8,510▼ $2,738
Liabilities
Mortgage Notes Payable Secured by Investment Property$257,489$236,209▼ $21,280
Deferred Revenue-$30,000-
Accounts Payable and Accrued Expenses$44,703$26,581▼ $18,122
Total Liabilities$302,192$292,790▼ $9,402
Net Assets / Fund Balance
Unrestricted Net Assets$247,436$399,679▲ $152,243
Temporarily Rstr Net Assets$115,778$87,226▼ $28,552
Total Net Assets Fund Balance$363,214$486,905▲ $123,691
Total Liabilities and Net Assets / Fund Balance$665,406$779,695▲ $114,289

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$279,380$460,272$739,652
Equipment$60,115$238,886$299,001
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Patricia BrugerExecutive DirectorFT$80,347$80,347

Board Members and Trustees

NameTitle
Bob VlietChairman
Diane GrentzChairman
Jennifer PolidoriChairman
Julie HollandChairman
Neill LynchChairman
Sajan PhilipChairman
Scott GriffithChairman
Don MatthewsPresident & CEO
Gene BilzVice President
Mel HiokiVice President
Wes WinklerVice President
Aaron FurtadoTrustee
David EdwardsTrustee
Sean BumgarnerSecretary
Craig PeligriTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$3,381,670
Program Service Revenue
$137,184
Investment Income
$3,298
Other Revenue
$92,079
All Other Contributions
$3,072,310
Change in Net Assets
$123,691

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Food Inventory$2,476,916Fair Market Value (FMV)
Total Noncash Contributions$2,476,916-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,757,542
Salaries, Compensation, and Employee Benefits$732,998
Total Fundraising Expense$89,686
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$415,672$80,949$42,055$538,676
All Other Expenses$87,294$23,895$18,214$129,403
Current Officers, Directors, Trustees, and Key Employees$56,244$12,052$12,052$80,348
Other Employee Benefits$48,867$9,630$5,603$64,100
Depreciation Depletion$52,388--$52,388
Payroll Taxes$38,022$7,493$4,359$49,874
Other Expenses$24,423--$24,423
Office Expenses-$6,773$7,403$14,176
Insurance$5,468$8,308-$13,776
Interest$11,629--$11,629
Total Functional Expenses$3,251,754$149,100$89,686$3,490,540
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
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 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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 Form is reviewed with the Board at a regular meeting of the Board.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

All independent reviews and approvals are signed by the authorizing individual and are maintained in the individual's Personnel File

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available upon request

Filing and Contact Details

Filer

Filer Name
Cumacecho Inc
EIN
22-2657737
Phone
9737425518
Address
223 ELLISON STREET PO BOX 2721, PATERSON, NJ 07509

Signing Officer

Name
Mark Dinglasan
Title
Executive Director
Signed
2017-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mark Dinglasan
Formed
1985
Legal Domicile
Nj
Voting Board Members
17
Independent Board Members
17
Employees
21
Volunteers
2,833

Preparer

Firm
Cullari Carrico LLC
Address
55 Lane Road Ste 300, Fairfield, NJ 07004
Preparer
John Carrico Jr
Phone
9734063955
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: fema emergency food and shelter

Financial Statement Notes

Part X : FIN48 Footnote

He organization adheres to fasb asc topic 740, income taxes, which provides guidance and clarification on accounting for uncertainty in income tax recognized in the organization's financial statements. The guidance prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return, and also provides guidance on de-recognition, classification, interest and penalties, disclosure and transition. For the years ended december 31, 2016 and 2015, the organization has no material uncertain tax positions to be accounted for in the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0President & CEO
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Vice President
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Treasurer
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0876615
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0906532
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0942520

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.63$2.06$8.32$8.46$0.14
2023Detailed filing. Detailed filing data is available for this year.$2.74$0.91$1.83$8.17$8.53$0.36
2022Detailed filing. Detailed filing data is available for this year.$3.36$1.16$2.20$6.33$6.48$0.15
2021Detailed filing. Detailed filing data is available for this year.$2.53$0.18$2.35$5.73$4.63$1.11
2020Detailed filing. Detailed filing data is available for this year.$1.60$0.36$1.24$5.19$4.82$0.37
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.25$0.87$4.60$4.39$0.21
2018Detailed filing. Detailed filing data is available for this year.$0.93$0.27$0.66$4.45$4.40$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.88$0.27$0.61$3.88$3.67$0.21
2016Detailed filing. Detailed filing data is available for this year.$0.78$0.29$0.49$3.61$3.49$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.67$0.30$0.36$3.74$3.64$0.10
2014Detailed filing. Detailed filing data is available for this year.$0.54$0.28$0.26$4.29$4.54$0.25
2013Detailed filing. Detailed filing data is available for this year.$0.77$0.26$0.51$1.13$1.06$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.30$0.44$0.89
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.39$0.17$0.88