Civic Intelligence

Partnership for Economic Development of York County Inc

990 • Fiscal year 2020 • EIN 23-2768349

Jan 01, 2020 to Dec 31, 2020 • Filed on Jun 08, 2021

144 Roosevelt Avenue Suite 100York, PA 17401

(717) 848-4000

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.92x

Higher debt load relative to assets than 92% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

80th percentile

0.38x

Higher debt load relative to revenue than 80% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

36th percentile

-0.7%

Higher net margin than 36% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

96th percentile

$216,713

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 41.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

88th percentile

78%

Faster asset growth than 88% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

94th percentile

128%

Faster revenue growth than 94% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$218,533

Up $95,950 (+78%) from 2019

Net Assets

Down

$16,468

Down $3,500 (-18%) from 2019

Liabilities

Up

$202,065

Up $99,450 (+97%) from 2019

Revenue

Up

$528,562

Up $296,895 (+128%) from 2019

Expenses

Up

$532,062

Up $300,233 (+130%) from 2019

Net Income

Down

-$3,500

Down $3,338 (-2060%) from 2019

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 2017: $87,141Liabilities 2017: $64,649Net Assets 2017: $22,4922017Assets 2018: $77,302Liabilities 2018: $57,172Net Assets 2018: $20,1302018Assets 2019: $122,583Liabilities 2019: $102,615Net Assets 2019: $19,9682019Assets 2020: $218,533Liabilities 2020: $202,065Net Assets 2020: $16,4682020Assets 2021: $7,982,200Liabilities 2021: $7,470,849Net Assets 2021: $511,3512021Assets 2022: $1,374,976Liabilities 2022: $413,733Net Assets 2022: $961,2432022Assets 2023: $3,028,543Liabilities 2023: $2,217,386Net Assets 2023: $811,1572023Assets 2024: $1,440,717Liabilities 2024: $682,225Net Assets 2024: $758,4922024

Highlighted filing

2020

Assets$218,533
Liabilities$202,065
Net Assets$16,468

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2017: $40,761Expenses 2017: $40,215Net Income 2017: $5462017Revenue 2018: $54,763Expenses 2018: $57,125Net Income 2018: -$2,3622018Revenue 2019: $231,667Expenses 2019: $231,829Net Income 2019: -$1622019Revenue 2020: $528,562Expenses 2020: $532,062Net Income 2020: -$3,5002020Revenue 2021: $749,788Expenses 2021: $254,905Net Income 2021: $494,8832021Revenue 2022: $9,874,409Expenses 2022: $9,424,517Net Income 2022: $449,8922022Revenue 2023: $853,268Expenses 2023: $1,003,354Net Income 2023: -$150,0862023Revenue 2024: $3,071,868Expenses 2024: $3,124,533Net Income 2024: -$52,6652024

Highlighted filing

2020

Revenue$528,562
Expenses$532,062
Net Income-$3,500
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jun 8, 2021
Return Version
2020v4.0
Gross Receipts
$528,562
Mission and Program Overview

Mission

To stimulate interest in and to assist in the promotion of plans that promote the industrial and economic development of york county, in order to increase the flow of wages and income into the channels of trade and commerce.

To stimulate interest in and to assist in the promotion of plans that promote the industrial and economic development of york county.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$101,055$194,528▲ $93,473
Cash and Non-Interest-Bearing Accounts$21,528$21,222▼ $306
Accounts Receivable-$2,783-
Total Assets$122,583$218,533▲ $95,950
Liabilities
Accounts Payable and Accrued Expenses$101,055$202,065▲ $101,010
Deferred Revenue$1,560--
Total Liabilities$102,615$202,065▲ $99,450
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$19,968$16,468▼ $3,500
Total Net Assets Fund Balance$19,968$16,468▼ $3,500
Total Liabilities and Net Assets / Fund Balance$122,583$218,533▲ $95,950
Compensation and Service Providers

Employees

NameTitleOtherTotal
Nancy BarryTreasurer$145,340$145,340
Silas ChamberlinVice Preside$144,744$144,744
Katie MahoneySecretary$125,815$125,815

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$528,496
Program Service Revenue
$0
Investment Income
$66
Other Revenue
$0
All Other Contributions
$528,496
Change in Net Assets
$-3,500
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$357,062
Grants and Similar Amounts Paid$175,000
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$175,000--$175,000
Fees for Services Accounting-$2,990-$2,990
Other Expenses$1,560$575-$575
Office Expenses-$2-$2
Total Functional Expenses$528,495$3,567$0$532,062
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
York County Economic AllianceYork, PA501c6Action Plan and Prog$175,000
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
Annual disclosure for covered persons
Yes
Audit committee
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

The board of directors is comprised of the following positions from a related party, the york county economic alliance, management and board of directors: management - president/ceo and vice presidents board of directors - chair, secretary, and treasurer

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

Form 990 is provided to the treasurer for final approval.

Form 990, Page 6, Part VI, Line 12C

New board members are provided with a copy of the organization's conflict of interest policy. If there is an issue that appears to present a conflict, the organization's management will discuss with legal counsel for a determination. If legal counsel believes there is any possiblity of a conflict of interest, that board member will abstain from any votes related to the issue.

Form 990, Page 6, Part VI, Line 19

The organization makes the governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Partnership for Economic
EIN
23-2768349
Phone
7178484000
Address
144 ROOSEVELT AVENUE SUITE 100, YORK, PA 17401

Signing Officer

Name
Kevin Schreiber
Title
President
Phone
7178484000
Signed
2021-06-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Schreiber
Formed
1994
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
3
Employees
0
Volunteers
7

Preparer

Firm
Smith Elliott Kearns & Company LLC
Address
19 BROOKWOOD AVE STE 101, CARLISLE, PA 17015
Preparer
William D Oyster CPA
Phone
7172439104
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

To stimulate interest in and to assist in the promotion of plans that promote the industrial and economic development of york county, in order to increase the flow of wages and income into the channels of trade and commerce.

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

Acted as a fiscal sponsor, providing over 1,000 of support to the county- wide branding initiative, creativity unleashed.

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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
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IRS990ScheduleI/RecipientTable/CashGrantAmt0175000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C6
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ACTION PLAN AND PROG
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0YORK COUNTY ECONOMIC ALLIANCE
IRS990ScheduleI/RecipientTable/RecipientEIN0453777710
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0144 ROOSEVELT AVENUE SUITE 100
IRS990ScheduleI/RecipientTable/USAddress/CityNm0YORK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0PA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd017401
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION PRIMARILY PROVIDES GRANT FUNDS THROUGH FISCAL SPONSORSHIP, WHERE THEY ADMINISTER THE FUNDS ACCORDING TO THE ORIGINAL GRANTOR'S WISHES. ALL FUNDS ARE MONITORED IN ORDER TO ENSURE COMPLIANCE.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
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IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0192344
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt016017
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt08352
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEVIN SCHREIBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0216713
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE RELATED ORGANIZATION UTILIZES A GOVERNANCE COMMITEE, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR GOVERNANCE COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE J, PAGE 1, PART I, LINE 3
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO STIMULATE INTEREST IN AND TO ASSIST IN THE PROMOTION OF PLANS THAT PROMOTE THE INDUSTRIAL AND ECONOMIC DEVELOPMENT OF YORK COUNTY, IN ORDER TO INCREASE THE FLOW OF WAGES AND INCOME INTO THE CHANNELS OF TRADE AND COMMERCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTED AS A FISCAL SPONSOR, PROVIDING OVER 1,000 OF SUPPORT TO THE COUNTY- WIDE BRANDING INITIATIVE, CREATIVITY UNLEASHED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS IS COMPRISED OF THE FOLLOWING POSITIONS FROM A RELATED PARTY, THE YORK COUNTY ECONOMIC ALLIANCE, MANAGEMENT AND BOARD OF DIRECTORS: MANAGEMENT - PRESIDENT/CEO AND VICE PRESIDENTS BOARD OF DIRECTORS - CHAIR, SECRETARY, AND TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 IS PROVIDED TO THE TREASURER FOR FINAL APPROVAL.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4NEW BOARD MEMBERS ARE PROVIDED WITH A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. IF THERE IS AN ISSUE THAT APPEARS TO PRESENT A CONFLICT, THE ORGANIZATION'S MANAGEMENT WILL DISCUSS WITH LEGAL COUNSEL FOR A DETERMINATION. IF LEGAL COUNSEL BELIEVES THERE IS ANY POSSIBLITY OF A CONFLICT OF INTEREST, THAT BOARD MEMBER WILL ABSTAIN FROM ANY VOTES RELATED TO THE ISSUE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE ORGANIZATION MAKES THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
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IRS990ScheduleR/AssetSaleToOtherOrgInd0false
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IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd1N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd2N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd3N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0YORK COUNTY ECONOMIC ALLIANCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1YORK COUNTY CHAMBER OF COMMERCE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2YORK COUNTY ECONOMIC DEVELOPMENT CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3MAIN STREET YORK INC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0453777710
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1231241170
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2231544682
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3232411781
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt06
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt16
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt26
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt33
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3PA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0FACILITATE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1PROMOTE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2ECON DEV
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3IMPROVE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt07
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0144 ROOSEVELT AVENUE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt1144 ROOSEVELT AVENUE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt2144 ROOSEVELT AVENUE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt3144 ROOSEVELT AVENUE SUITE 100
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2YORK
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3YORK
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd017401
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd117401
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd217401
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IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
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IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0175000
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt1194528
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt1CASH
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0YORK COUNTY ECONOMIC ALLIANCE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt1MAIN STREET YORK INC
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0B
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt1C
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0122583
IRS990/TotalAssetsEOYAmt0218533
IRS990/TotalAssetsGrp/BOYAmt0122583
IRS990/TotalAssetsGrp/EOYAmt0218533
IRS990/TotalCompGreaterThan150KInd0true

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