Civic Intelligence

Financial Service Centers Of

EIN 22-2838938 • 501(c)6 • Washington, DC

Profile

To provide programs to members of the association and services to customers and the community

1909 K St NW Suite 400 4thflWashington, DC 20006

www.fisca.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

29th percentile

0.03x

Higher debt load relative to assets than 29% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

18th percentile

0.00x

Higher debt load relative to revenue than 18% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Net Margin

25th percentile

-3.0%

Higher net margin than 25% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$479,167

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 18.6% of source-year revenue.

501(c)6 • $1M-$5M nonprofits • Source year 2024

Asset Growth

11th percentile

-14%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

17th percentile

-7.5%

Faster revenue growth than 17% of similar nonprofits.

501(c)6 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Down

$392,331

Down $66,210 (-14%) from 2023

Liabilities

Up

$11,996

Up $11,996 from 2023

Net Assets

Down

$380,335

Down $78,206 (-17%) from 2023

Revenue

Down

$2,581,916

Down $209,869 (-7.5%) from 2023

Expenses

Up

$2,660,122

Up $51,909 (+2.0%) from 2023

Net Income

Down

-$78,206

Down $261,778 (-143%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$2.0M$1.5M$1.0M$500K$0-$500KAssets 2011: -$105,999Liabilities 2011: $0Net Assets 2011: -$105,9992011Assets 2012: $92,657Liabilities 2012: $0Net Assets 2012: $92,6572012Assets 2013: $0Liabilities 2013: $38,923Net Assets 2013: -$38,9232013Assets 2014: $950,572Liabilities 2014: $7,501Net Assets 2014: $943,0712014Assets 2015: $1,142,857Liabilities 2015: $0Net Assets 2015: $1,142,8572015Assets 2016: $1,612,585Liabilities 2016: $2,741Net Assets 2016: $1,609,8442016Assets 2017: $1,267,953Liabilities 2017: $171Net Assets 2017: $1,267,7822017Assets 2018: $1,106,196Liabilities 2018: $0Net Assets 2018: $1,106,1962018Assets 2019: $985,288Liabilities 2019: $0Net Assets 2019: $985,2882019Assets 2020: $755,885Liabilities 2020: $18,885Net Assets 2020: $737,0002020Assets 2021: $664,824Liabilities 2021: $0Net Assets 2021: $664,8242021Assets 2022: $279,403Liabilities 2022: $4,434Net Assets 2022: $274,9692022Assets 2023: $458,541Liabilities 2023: $0Net Assets 2023: $458,5412023Assets 2024: $392,331Liabilities 2024: $11,996Net Assets 2024: $380,3352024

Highlighted filing

2024

Assets$392,331
Liabilities$11,996
Net Assets$380,335

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $2,751,3092011Expenses 2012: $2,127,5392012Revenue 2013: $1,918,764Expenses 2013: $2,050,344Net Income 2013: -$131,5802013Revenue 2014: $2,761,282Expenses 2014: $1,779,288Net Income 2014: $981,9942014Revenue 2015: $2,187,242Expenses 2015: $1,987,456Net Income 2015: $199,7862015Revenue 2016: $2,555,789Expenses 2016: $2,088,802Net Income 2016: $466,9872016Revenue 2017: $2,049,776Expenses 2017: $2,391,838Net Income 2017: -$342,0622017Revenue 2018: $1,995,344Expenses 2018: $2,156,930Net Income 2018: -$161,5862018Revenue 2019: $2,063,457Expenses 2019: $2,184,365Net Income 2019: -$120,9082019Revenue 2020: $1,580,849Expenses 2020: $1,829,137Net Income 2020: -$248,2882020Revenue 2021: $3,173,599Expenses 2021: $3,245,775Net Income 2021: -$72,1762021Revenue 2022: $2,920,179Expenses 2022: $3,310,034Net Income 2022: -$389,8552022Revenue 2023: $2,791,785Expenses 2023: $2,608,213Net Income 2023: $183,5722023Revenue 2024: $2,581,916Expenses 2024: $2,660,122Net Income 2024: -$78,2062024

Highlighted filing

2024

Revenue$2,581,916
Expenses$2,660,122
Net Income-$78,206

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.01$0.38$2.58$2.66$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.46$0.00$0.46$2.79$2.61$0.18
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.28$0.00$0.27$2.92$3.31$0.39
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.66$0.00$0.66$3.17$3.25$0.07
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.76$0.02$0.74$1.58$1.83$0.25
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.99$0.00$0.99$2.06$2.18$0.12
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.11$0.00$1.11$2.00$2.16$0.16
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.27$0.00$1.27$2.05$2.39$0.34
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.61$0.00$1.61$2.56$2.09$0.47
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.14$0.00$1.14$2.19$1.99$0.20
2014Detailed filing. Detailed filing data is available for this year.$0.95$0.01$0.94$2.76$1.78$0.98
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.00$0.04$0.04$1.92$2.05$0.13
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$2.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$2.75
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 7, 2023
Return Version
2022v5.0
Gross Receipts
$2,920,179
Mission and Program Overview

Mission

To provide programs to members of the association and services to customers and the community

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$664,824$279,403▼ $385,421
Rtn Earn Endowment Incm Other Fnds$664,824$274,969▼ $389,855
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$664,824$279,403▼ $385,421
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses-$4,434-
Total Liabilities$0$4,434▲ $4,434
Net Assets / Fund Balance
Total Net Assets Fund Balance$664,824$274,969▼ $389,855
Total Liabilities and Net Assets / Fund Balance$664,824$279,403▼ $385,421
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
EDWARD D'ALESSIOExecutive DirectorFT$500,000$500,000
Leeann ThompsonDirector-$179,000$179,000
Leeann Thompson--$179,000$179,000
Robert BatsonDirector-$82,002$82,002

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Fs VectorConsultant923 15TH ST NW, Washington, DC 20005$420,000
T R Rupli And AsscLobbying446 NEW JERSEY AVE SE, Washington, DC 20003$310,000
Powell TatePublic Affairs733 10TH ST NW, Washington, DC 20001$302,273
Crossroads StrategiesLobbying800 NORTH CAPITAL ST NW STE 800, Washington, DC 20002$240,000
Federal Advisory PartnersMgmt Consultants1500 K ST NW STE 325, Washington, DC 20005$180,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,920,179
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-389,855
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,472,923
Salaries, Compensation, and Employee Benefits$837,111
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Lobbying$1,180,000--$1,180,000
Current Officers, Directors, Trustees, and Key Employees$500,000--$500,000
Other Salaries and Wages$261,002--$261,002
Fees for Services Legal$115,110--$115,110
All Other Expenses$72,083--$72,083
Occupancy$48,406--$48,406
Other Expenses$40,000--$40,000
Payroll Taxes$34,717--$34,717
Travel$25,882--$25,882
Other Employee Benefits$21,573--$21,573
Pension Plan Contributions$19,819--$19,819
Fees for Services Accounting$11,750--$11,750
Insurance$6,559--$6,559
Office Expenses$3,821--$3,821
Total Functional Expenses$3,310,034$0$0$3,310,034
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
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$550,000
Total Nondeductible Lobbying and Political Cost$550,000
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
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
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1A

Form 990 part vi line 1aauthority delegated to committee explanation:the executive committee shall be composed of the officers, as provided for herein, and three additional members of the board selected by the board. In addition, all past chairmen of the association shall automatically become members of the executive committee, so long as he/she remains a member in good standing

Form 990, Part VI, Section A, Line 6

Form 990 part vi line 6classes of members or stockholdersfisca has two classes of members, regular and affiliate membersany financial service provider that offers check cashing and/or payday advances qualifies for regular membershipany business that provides products or services to the financial service center industry qualifies as an affiliate industry

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

Form 990 part v1 line 7bdecisions subject to approval of members:a. Regular members-each regular member shall have a number of votes equal to the number of locations owned and operated by such individual memberb. Affiliate members shall be required to be approved for membership by a majority vote of the board of directors

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

Form 990 part vi line 11the organizations process to review form 990 :form 990 is reviewed before filing by the executive director and executive comitteeof the organization. They are responsible for tax and accounting matters

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

Members of fisca's board of directors are required to adhere to a conflict of interest policy. The policy is listed on the agenda of the board of directors meetings, which are distributed in advance of meetings. At the inception of all meetings, the conflict of interest policy is read aloud by the chairman, and all directors are required to disclose, at that time, or at any time a conflict arises, the existence and nature, of the conflict of interest

Form 990, Part VI, Section C, Line 19

Form 990 part vi line 19- governing documents disclosure explanation:the organization makes its governing documents and financial statements available to the public upon request. The organization does have a written conflict of interest policy in place

Filing and Contact Details

Filer

Filer Name
Infin a Financial Services Alliance Inc
EIN
22-2838938
Phone
2027192388
Address
1909 K ST NW SUITE 400 4THFL, WASHINGTON, DC 20006

Signing Officer

Name
EDWARD D'ALESSIO
Title
Executive Director
Signed
2023-11-07
Discuss with paid preparer
Yes

Organization Details

Formed
1987
Legal Domicile
Nj
Voting Board Members
36
Independent Board Members
36
Employees
3
Volunteers
36

Preparer

Firm
Catanio & Gutwetter PA
Address
65 Harristown Rd Ste 206, Glen Rock, NJ 07452
Preparer
David J Gutwetter CPA
Phone
2013457999
Raw XML AppendixShowing 400 of 673 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
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IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE PROGRAMS TO MEMBERS OF THE ASSOCIATION AND SERVICES TO CUSTOMERS AND THE COMMUNITY
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllOtherExpensesGrp/ProgramServicesAmt072083
IRS990/AllOtherExpensesGrp/TotalAmt072083
IRS990/AnnualDisclosureCoveredPrsnInd0true
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IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0EDWARD D'ALESSIO
IRS990/BooksInCareOfDetail/PhoneNum02027192388
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01909 K ST NW SUITE 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0WASHINGTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0DC
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IRS990/CashNonInterestBearingGrp/BOYAmt0664824
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IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt05
IRS990/CollectionsOfArtInd0false
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IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
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IRS990/ConservationEasementsInd0false
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IRS990/CreditCounselingInd0false
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IRS990/CYInvestmentIncomeAmt00
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IRS990/CYOtherRevenueAmt00
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IRS990/DeductibleArtContributionInd0false
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IRS990/Desc0PROGRAMS OF MUTUAL BENEFIT WHICH FOSTERS THE BUSINESS AND INTEREST OF THE MEMBERS OF THE ASSOCIATION HAVE BEEN PROVIDED RESULTING IN BETTER SERVICES TO CUSTOMERS AND THE COMMUNITY
IRS990/DescribedInSection501c3Ind0false
IRS990/DisregardedEntityInd0false
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IRS990/EmploymentTaxReturnsFiledInd0true
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IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Director
IRS990/Form990PartVIISectionAGrp/TitleTxt2Director
IRS990/Form990PartVIISectionAGrp/TitleTxt3Director
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director

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