Civic Intelligence

Metro-Action Inc. Chamber of Commerce Bldg

990 • Fiscal year 2015 • EIN 23-2038420

Jul 01, 2014 to Jun 30, 2015 • Filed on Oct 02, 2015

222 Mulberry StreetScranton, PA 18503

(570) 342-7711

Siviq Scores

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

Liabilities / Assets

87th percentile

0.85x

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Liabilities / Revenue

96th percentile

10.17x

Higher debt load relative to revenue than 96% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Net Margin

93rd percentile

60%

Higher net margin than 93% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2015 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2015

Asset Growth

56th percentile

2.0%

Faster asset growth than 56% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Revenue Growth

90th percentile

55%

Faster revenue growth than 90% of similar nonprofits.

2015 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2014 to 2015

Assets

Up

$5,351,886

Up $107,053 (+2.0%) from 2014

Net Assets

Up

$787,629

Up $268,444 (+52%) from 2014

Liabilities

Down

$4,564,257

Down $161,391 (-3.4%) from 2014

Revenue

Up

$448,587

Up $160,032 (+55%) from 2014

Expenses

Down

$180,143

Down $40,488 (-18%) from 2014

Net Income

Up

$268,444

Up $200,520 (+295%) from 2014

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $959,926Liabilities 2011: $571,112Net Assets 2011: $388,8142011Assets 2012: $5,250,393Liabilities 2012: $4,804,080Net Assets 2012: $446,3132012Assets 2013: $5,156,585Liabilities 2013: $4,705,324Net Assets 2013: $451,2612013Assets 2014: $5,244,833Liabilities 2014: $4,725,648Net Assets 2014: $519,1852014Assets 2015: $5,351,886Liabilities 2015: $4,564,257Net Assets 2015: $787,6292015Assets 2016: $5,236,027Liabilities 2016: $4,487,893Net Assets 2016: $748,1342016Assets 2017: $4,905,057Liabilities 2017: $4,152,909Net Assets 2017: $752,1482017Assets 2018: $4,783,988Liabilities 2018: $4,026,459Net Assets 2018: $757,5292018Assets 2019: $5,049,325Liabilities 2019: $4,277,609Net Assets 2019: $771,7162019Assets 2020: $5,004,153Liabilities 2020: $4,146,678Net Assets 2020: $857,4752020Assets 2021: $5,630,383Liabilities 2021: $4,154,531Net Assets 2021: $1,475,8522021Assets 2022: $6,601,769Liabilities 2022: $4,918,063Net Assets 2022: $1,683,7062022Assets 2023: $6,631,442Liabilities 2023: $4,873,653Net Assets 2023: $1,757,7892023Assets 2024: $6,509,234Liabilities 2024: $4,796,336Net Assets 2024: $1,712,8982024Assets 2025: $6,533,293Liabilities 2025: $4,829,822Net Assets 2025: $1,703,4712025

Highlighted filing

2015

Assets$5,351,886
Liabilities$4,564,257
Net Assets$787,629

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2011: $254,2932011Expenses 2012: $189,1312012Expenses 2013: $227,3532013Revenue 2014: $288,555Expenses 2014: $220,631Net Income 2014: $67,9242014Revenue 2015: $448,587Expenses 2015: $180,143Net Income 2015: $268,4442015Revenue 2016: $140,791Expenses 2016: $180,882Net Income 2016: -$40,0912016Revenue 2017: $127,491Expenses 2017: $126,411Net Income 2017: $1,0802017Revenue 2018: $145,206Expenses 2018: $138,522Net Income 2018: $6,6842018Revenue 2019: $184,014Expenses 2019: $172,536Net Income 2019: $11,4782019Revenue 2020: $257,932Expenses 2020: $172,755Net Income 2020: $85,1772020Revenue 2021: $3,434,313Expenses 2021: $2,838,701Net Income 2021: $595,6122021Revenue 2022: $431,419Expenses 2022: $196,319Net Income 2022: $235,1002022Revenue 2023: $232,663Expenses 2023: $170,147Net Income 2023: $62,5162023Revenue 2024: $155,197Expenses 2024: $224,026Net Income 2024: -$68,8292024Revenue 2025: $130,799Expenses 2025: $148,250Net Income 2025: -$17,4512025

Highlighted filing

2015

Revenue$448,587
Expenses$180,143
Net Income$268,444
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Oct 2, 2015
Return Version
2014v5.0
Gross Receipts
$448,587
Mission and Program Overview

Mission

Metroaction, inc. ("metroaction") is a certified development not-for-profit corporation and serves as the greater scranton chamber of commerce's business development arm. Metroaction is also an intermediary and resource center for several small business financing programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$3,393,193$3,642,691▲ $249,498
Other Notes and Loans Receivable, Net$1,658,298$1,528,324▼ $129,974
Savings and Temporary Cash Investments$149,446$149,617▲ $171
Pledges and Grants Receivable$31,153$20,174▼ $10,979
Accounts Receivable$45$129▲ $84
Prepaid Expenses and Deferred Charges$942$45▼ $897
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$5,244,833$5,351,886▲ $107,053
Other Assets Total$11,756$10,906▼ $850
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,587,468$4,449,827▼ $137,641
Accounts Payable and Accrued Expenses$33,554$112,430▲ $78,876
Other Liabilities$102,626$0▼ $102,626
Deferred Revenue$2,000$2,000→ $0
Total Liabilities$4,725,648$4,564,257▼ $161,391
Net Assets / Fund Balance
Unrestricted Net Assets$519,185$737,629▲ $218,444
Temporarily Rstr Net Assets-$50,000-
Total Net Assets Fund Balance$519,185$787,629▲ $268,444
Total Liabilities and Net Assets / Fund Balance$5,244,833$5,351,886▲ $107,053

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$0$8,478$8,478
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$387,183
Program Service Revenue
$29,044
Investment Income
$32,360
Other Revenue
$0
All Other Contributions
$51,000
Change in Net Assets
$268,444

Audited Revenue Reconciliation

Revenue per Audited Statements
$448,587
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$448,587
Total Revenue per Form 990
$448,587
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$180,143
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$6,943$1,736-$8,679
Other Expenses$4,147$1,037-$5,184
Advertising$3,384$846-$4,230
Fees for Services Accounting$2,400$600-$3,000
Fees for Services Other$1,667$417-$2,084
Conferences and Meetings$1,599$400-$1,999
Office Expenses$1,094$273-$1,367
Total Functional Expenses$144,114$36,029$0$180,143

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$180,143
Total Expenses per Audited Statements$180,143
Total Expenses per Form 990$180,143
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
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 11

The form 990 was reviewed by the board at a formal board meeting on october 2, 2015, at which time the board voted and approved the 990 for submission.

Form 990, Part VI, Section C, Line 19

Governing documents are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Metroaction Inc
EIN
23-2038420
Phone
5703427711
Address
222 MULBERRY STREET, SCRANTON, PA 18503

Signing Officer

Name
Robert F Durkin
Title
Secretary
Phone
5703427711
Signed
2015-10-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert F Durkin
Formed
1977
Legal Domicile
Pa
Voting Board Members
24
Independent Board Members
24
Employees
0
Volunteers
0

Preparer

Firm
Mcgrail Merkel Quinn & Associates Pc
Address
1173 CLAY AVENUE, SCRANTON, PA 18510
Preparer
Daniel J Gerrity CPA
Phone
5709610345
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has not changed the oversight process with the audited financial statements during the tax year.

Financial Statement Notes

PART X, LINE 2:

In accordance with the financial accounting standards board guidance on accounting for uncertainty in income taxes, management evaluated the organization's tax positions and concluded that the organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. With few exceptions, the organization is no longer subject to income tax examinations by the u.s. Federal, state or local tax authorities for years before june 30, 2012.

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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/Form990PartVIISectionAGrp/TitleTxt5ASSISTANT SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23DIRECTOR
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IRS990/FormationYr01977
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IRS990/FSAuditedInd01
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IRS990/GoverningBodyVotingMembersCnt024
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IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
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IRS990/GrossReceiptsAmt0448587
IRS990/GroupReturnForAffiliatesInd00
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IRS990/IndependentAuditFinclStmtInd01
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
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IRS990/MissionDesc0METROACTION, INC. ("METROACTION") IS A CERTIFIED DEVELOPMENT NOT-FOR-PROFIT CORPORATION AND SERVES AS THE GREATER SCRANTON CHAMBER OF COMMERCE'S BUSINESS DEVELOPMENT ARM. METROACTION IS ALSO AN INTERMEDIARY AND RESOURCE CENTER FOR SEVERAL SMALL BUSINESS FINANCING PROGRAMS.
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
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IRS990/OtherExpensesGrp/Desc1BAD DEBTS
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc3CDFI PROGRAM EXPENSES
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt12812
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt21341
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31037
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IRS990/OtherExpensesGrp/TotalAmt114058
IRS990/OtherExpensesGrp/TotalAmt26705
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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0144947
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0119387
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0188651
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0796
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0553
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0757
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05920
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0546
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IRS990ScheduleA/InvestmentIncomeCYPct00.00400
IRS990ScheduleA/InvestmentIncomePYPct00.00580
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IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt072186
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt086558
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0126687
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt073209
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.53$4.83$1.70$0.13$0.15$0.02
2024Detailed filing. Detailed filing data is available for this year.$6.51$4.80$1.71$0.16$0.22$0.07
2023Detailed filing. Detailed filing data is available for this year.$6.63$4.87$1.76$0.23$0.17$0.06
2022Detailed filing. Detailed filing data is available for this year.$6.60$4.92$1.68$0.43$0.20$0.24
2021Detailed filing. Detailed filing data is available for this year.$5.63$4.15$1.48$3.43$2.84$0.60
2020Detailed filing. Detailed filing data is available for this year.$5.00$4.15$0.86$0.26$0.17$0.09
2019Detailed filing. Detailed filing data is available for this year.$5.05$4.28$0.77$0.18$0.17$0.01
2018Detailed filing. Detailed filing data is available for this year.$4.78$4.03$0.76$0.15$0.14$0.01
2017Detailed filing. Detailed filing data is available for this year.$4.91$4.15$0.75$0.13$0.13$0.00
2016Detailed filing. Detailed filing data is available for this year.$5.24$4.49$0.75$0.14$0.18$0.04
2015Detailed filing. Detailed filing data is available for this year.$5.35$4.56$0.79$0.45$0.18$0.27
2014Detailed filing. Detailed filing data is available for this year.$5.24$4.73$0.52$0.29$0.22$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.16$4.71$0.45$0.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.25$4.80$0.45$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.96$0.57$0.39$0.25