Civic Intelligence

City Source Associates Inc

990 • Fiscal year 2021 • EIN 22-2856785

Jan 01, 2021 to Dec 31, 2021 • Filed on Dec 12, 2022

401 Bingham StreetPittsburgh, PA 15203

(412) 431-3774

Siviq Scores

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

Liabilities / Assets

95th percentile

1.04x

Higher debt load relative to assets than 95% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

87th percentile

0.30x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

26th percentile

-7.6%

Higher net margin than 26% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

97th percentile

$78,737

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 16.3% of source-year revenue.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

38th percentile

-1.0%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

3.9%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Flat

$140,761

Flat from 2021

Net Assets

Flat

-$6,159

Flat from 2021

Liabilities

Flat

$146,920

Flat from 2021

Revenue

Flat

$482,862

Flat from 2021

Expenses

Flat

$519,485

Flat from 2021

Net Income

Flat

-$36,623

Flat from 2021

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0-$200KAssets 2010: $100,013Liabilities 2010: $172,785Net Assets 2010: -$72,7722010Assets 2011: $133,996Liabilities 2011: $179,257Net Assets 2011: -$45,2612011Assets 2012: $152,202Liabilities 2012: $144,271Net Assets 2012: $7,9312012Assets 2013: $221,012Liabilities 2013: $158,629Net Assets 2013: $62,3832013Assets 2014: $272,983Liabilities 2014: $186,720Net Assets 2014: $86,2632014Assets 2015: $647,999Liabilities 2015: $475,981Net Assets 2015: $172,0182015Assets 2016: $632,849Liabilities 2016: $531,154Net Assets 2016: $101,6952016Assets 2017: $411,359Liabilities 2017: $216,504Net Assets 2017: $194,8552017Assets 2018: $331,690Liabilities 2018: $122,874Net Assets 2018: $208,8162018Assets 2019: $172,880Liabilities 2019: $138,087Net Assets 2019: $34,7932019Assets 2020: $142,113Liabilities 2020: $111,649Net Assets 2020: $30,4642020Assets 2021: $140,761Liabilities 2021: $146,920Net Assets 2021: -$6,1592021Assets 2021: $140,761Liabilities 2021: $146,920Net Assets 2021: -$6,1592021Assets 2024: $29,414Liabilities 2024: $117,317Net Assets 2024: -$87,9032024

Highlighted filing

2021

Assets$140,761
Liabilities$146,920
Net Assets-$6,159

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $793,2562010Expenses 2011: $776,4792011Expenses 2012: $762,8012012Revenue 2013: $832,022Expenses 2013: $777,570Net Income 2013: $54,4522013Revenue 2014: $786,207Expenses 2014: $762,327Net Income 2014: $23,8802014Revenue 2015: $881,719Expenses 2015: $795,964Net Income 2015: $85,7552015Revenue 2016: $710,654Expenses 2016: $780,977Net Income 2016: -$70,3232016Revenue 2017: $905,024Expenses 2017: $811,864Net Income 2017: $93,1602017Revenue 2018: $846,575Expenses 2018: $832,614Net Income 2018: $13,9612018Revenue 2019: $659,462Expenses 2019: $833,485Net Income 2019: -$174,0232019Revenue 2020: $464,748Expenses 2020: $469,077Net Income 2020: -$4,3292020Revenue 2021: $482,862Expenses 2021: $519,485Net Income 2021: -$36,6232021Revenue 2021: $482,862Expenses 2021: $519,485Net Income 2021: -$36,6232021Revenue 2024: $67,617Expenses 2024: $37,965Net Income 2024: $29,6522024

Highlighted filing

2021

Revenue$482,862
Expenses$519,485
Net Income-$36,623
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Dec 12, 2022
Return Version
2021v4.0
Gross Receipts
$482,862
Mission and Program Overview

Mission

To promote residential investment in the Pittsburgh region

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$97,792$97,791▼ $1
Accounts Receivable$27,874$34,983▲ $7,109
Loans From Officers Directors-$11,185-
Prepaid Expenses and Deferred Charges$5,589$7,674▲ $2,085
Cash and Non-Interest-Bearing Accounts$10,858$313▼ $10,545
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Rtn Earn Endowment Incm Other Fnds$30,464$-6,159▼ $36,623
Total Assets$142,113$140,761▼ $1,352
Liabilities
Accounts Payable and Accrued Expenses$63,663$86,549▲ $22,886
Unsecured Notes Loans Payable$47,986$49,186▲ $1,200
Mortgage Notes Payable Secured by Investment Property$0--
Escrow Account Liability$0--
Total Liabilities$111,649$146,920▲ $35,271
Net Assets / Fund Balance
Total Net Assets Fund Balance$30,464$-6,159▼ $36,623
Total Liabilities and Net Assets / Fund Balance$142,113$140,761▼ $1,352

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$97,791$346,658$444,449
Other Land Buildings$0$4,755$4,755
Buildings$0$0$0
Land$0-$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
William HarlakExecutive DirectorFT$78,737$78,737

Board Members and Trustees

NameTitle
William LeutePresident
George SlimanVice President
James TuckerSecretary
Thomas YargoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$482,862
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$-36,623
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$264,133
Other Expenses$255,352
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$147,711$0$0$147,711
Occupancy$49,496$11,019$0$60,515
Current Officers, Directors, Trustees, and Key Employees$43,806$7,849$0$51,655
Travel$48,096$1,805$0$49,901
Fees for Services Accounting$23,773$23,773$0$47,546
Fees for Services Other$37,233$0$0$37,233
Other Employee Benefits$35,741$1,173$0$36,914
Payroll Taxes$26,909$944$0$27,853
Insurance$11,230$11,452$0$22,682
Interest$18,375$0$0$18,375
Office Expenses$3,094$2,989$0$6,083
Other Expenses$371$0$0$371
Total Functional Expenses$457,920$61,565$0$519,485
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
Loans from Officers, Directors, Trustees, and Key Employees-$11,185-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
No
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
No
Management duties delegated
No

Governance Explanations

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

All board members reviewed and authorized

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

All board members disclose this information annually

Form 990, Part VI, Section B, Line 15

Executive Director and all employees

Form 990, Part VI, Section C, Line 19

All board members reviewed and authorized

Filing and Contact Details

Filer

Filer Name
City Source Associates Inc
EIN
22-2856785
Phone
4124313774
Address
401 Bingham Street, Pittsburgh, PA 15203

Signing Officer

Name
William Harlak
Title
Executive Director
Phone
4124313774
Signed
2022-12-12

Organization Details

Principal Officer
Anne Henningsen
Formed
1991
Legal Domicile
Pa
Voting Board Members
4
Independent Board Members
4
Employees
8
Volunteers
0
Supplemental Narrative

Financial Statement Notes

Schedule D, Part IV, Line 1B

Loan was authorized by key employee

Schedule D, Part IV, Line 2B

Written agreeement

Raw XML AppendixShowing 400 of 487 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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IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/FundraisingAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ManagementAndGeneralAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/ProgramServicesAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0249619
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0464748
IRS990/PYRevenuesLessExpensesAmt0-4329
IRS990/PYSalariesCompEmpBnftPaidAmt0219458
IRS990/PYTotalExpensesAmt0469077
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0464748
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-36623
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0281463
IRS990/RoyaltiesGrp/FundraisingAmt00
IRS990/RoyaltiesGrp/ManagementAndGeneralAmt00
IRS990/RoyaltiesGrp/ProgramServicesAmt00
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt030464
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0-6159
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0482862
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0464748
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0659462
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0841222
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0907872
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt03356166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0853
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0853
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99975
IRS990ScheduleA/PublicSupportPY170Pct00.99976
IRS990ScheduleA/PublicSupportTotal170Amt03356166
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0482862
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0464748
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0659462
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0841222
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0907872
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03356166
IRS990ScheduleA/TotalSupportAmt03357019
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/AdditionsDuringYearAmt011185
IRS990ScheduleD/AgentTrusteeEtcInd01
IRS990ScheduleD/BeginningBalanceAmt00
IRS990ScheduleD/BuildingsGrp/BookValueAmt00
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/DistributionsDuringYearAmt00
IRS990ScheduleD/EndingBalanceAmt011185
IRS990ScheduleD/EquipmentGrp/BookValueAmt097791
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0346658
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0444449
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd01
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt04755
IRS990ScheduleD/OtherLandBuildingsGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt04755
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0LOAN WAS AUTHORIZED BY KEY EMPLOYEE
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Written agreeement
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part IV, Line 1b
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Schedule D, Part IV, Line 2b
IRS990ScheduleD/TotalBookValueLandBuildingsAmt097791
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt011185
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd01
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd00
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0Advance for salaries-Due short term cash flow
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanToOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt011185
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm0William Harlak
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0Key Employee
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd01
IRS990ScheduleL/TotalBalanceDueAmt011185
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0All board members reviewed and authorized
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1All board members disclose this information annually
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Executive Director and all employees
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS REVIEWED AND AUTHORIZED
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, Line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.29$1.17$0.88$0.68$0.38$0.30
2021Detailed filing. Detailed filing data is available for this year.$1.41$1.47$0.06$4.83$5.19$0.37
2021Summary only. Only limited summary data is available for this year.$1.41$1.47$0.06$4.83$5.19$0.37
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.42$1.12$0.30$4.65$4.69$0.04
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$1.38$0.35$6.59$8.33$1.74
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.32$1.23$2.09$8.47$8.33$0.14
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.11$2.17$1.95$9.05$8.12$0.93
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.33$5.31$1.02$7.11$7.81$0.70
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.48$4.76$1.72$8.82$7.96$0.86
2014Summary only. Only limited summary data is available for this year.$2.73$1.87$0.86$7.86$7.62$0.24
2013Detailed filing. Detailed filing data is available for this year.$2.21$1.59$0.62$8.32$7.78$0.54
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$1.44$0.08$7.63
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.34$1.79$0.45$7.76
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.00$1.73$0.73$7.93