Civic Intelligence

Montgomery County Opportunities Industrialization Center Inc.

990 • Fiscal year 2016 • EIN 23-6424784

Jul 01, 2015 to Jun 30, 2016 • Filed on Jan 16, 2017

1101 Arch StreetNorristown, PA 19401-4097

(610) 279-9700

Siviq Scores

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

Liabilities / Assets

53rd percentile

0.12x

Higher debt load relative to assets than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

73rd percentile

0.39x

Higher debt load relative to revenue than 73% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

26th percentile

-6.6%

Higher net margin than 26% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

50th percentile

$63,360

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 15.1% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

56th percentile

2.9%

Faster asset growth than 56% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

67th percentile

11%

Faster revenue growth than 67% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,322,234

Up $36,923 (+2.9%) from 2015

Net Assets

Down

$1,158,068

Down $27,515 (-2.3%) from 2015

Liabilities

Up

$164,166

Up $64,438 (+65%) from 2015

Revenue

Up

$419,160

Up $41,190 (+11%) from 2015

Expenses

Up

$446,675

Up $91,961 (+26%) from 2015

Net Income

Down

-$27,515

Down $50,771 (-218%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2014: $1,329,804Liabilities 2014: $167,477Net Assets 2014: $1,162,3272014Assets 2015: $1,285,311Liabilities 2015: $99,728Net Assets 2015: $1,185,5832015Assets 2016: $1,322,234Liabilities 2016: $164,166Net Assets 2016: $1,158,0682016Assets 2017: $1,245,269Liabilities 2017: $177,148Net Assets 2017: $1,068,1212017Assets 2018: $1,220,492Liabilities 2018: $200,383Net Assets 2018: $1,020,1092018Assets 2019: $1,172,927Liabilities 2019: $138,055Net Assets 2019: $1,034,8722019Assets 2020: $1,257,624Liabilities 2020: $228,689Net Assets 2020: $1,028,9352020Assets 2021: $1,143,580Liabilities 2021: $187,112Net Assets 2021: $956,4682021Assets 2022: $1,306,645Liabilities 2022: $171,580Net Assets 2022: $1,135,0652022Assets 2023: $916,480Liabilities 2023: $171,189Net Assets 2023: $745,2912023Assets 2024: $841,446Liabilities 2024: $229,238Net Assets 2024: $612,2082024

Highlighted filing

2016

Assets$1,322,234
Liabilities$164,166
Net Assets$1,158,068

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $345,329Expenses 2014: $267,813Net Income 2014: $77,5162014Revenue 2015: $377,970Expenses 2015: $354,714Net Income 2015: $23,2562015Revenue 2016: $419,160Expenses 2016: $446,675Net Income 2016: -$27,5152016Revenue 2017: $321,123Expenses 2017: $411,070Net Income 2017: -$89,9472017Revenue 2018: $309,346Expenses 2018: $357,358Net Income 2018: -$48,0122018Revenue 2019: $391,765Expenses 2019: $386,379Net Income 2019: $5,3862019Revenue 2020: $496,364Expenses 2020: $502,301Net Income 2020: -$5,9372020Revenue 2021: $667,837Expenses 2021: $740,304Net Income 2021: -$72,4672021Revenue 2022: $1,067,379Expenses 2022: $888,782Net Income 2022: $178,5972022Revenue 2023: $858,094Expenses 2023: $1,247,868Net Income 2023: -$389,7742023Revenue 2024: $689,265Expenses 2024: $761,372Net Income 2024: -$72,1072024

Highlighted filing

2016

Revenue$419,160
Expenses$446,675
Net Income-$27,515
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Jan 16, 2017
Return Version
2015v3.0
Gross Receipts
$496,826
Mission and Program Overview

Mission

To train and place on jobs disadvantaged, unemployed and underemployed persons in montgomery county, pa as well as providing child educational programs and care

Education and training and childcare

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,216,637$1,171,146▼ $45,491
Pledges and Grants Receivable$36,952$92,110▲ $55,158
Savings and Temporary Cash Investments$644$27,728▲ $27,084
Cash and Non-Interest-Bearing Accounts$22,405$19,382▼ $3,023
Prepaid Expenses and Deferred Charges$8,673$11,868▲ $3,195
Total Assets$1,285,311$1,322,234▲ $36,923
Liabilities
Mortgage Notes Payable Secured by Investment Property$68,899$67,699▼ $1,200
Deferred Revenue$5,342$60,000▲ $54,658
Accounts Payable and Accrued Expenses$25,487$31,467▲ $5,980
Other Liabilities$0$5,000▲ $5,000
Total Liabilities$99,728$164,166▲ $64,438
Net Assets / Fund Balance
Unrestricted Net Assets$1,185,583$1,131,318▼ $54,265
Temporarily Rstr Net Assets$0$26,750▲ $26,750
Total Net Assets Fund Balance$1,185,583$1,158,068▼ $27,515
Total Liabilities and Net Assets / Fund Balance$1,285,311$1,322,234▲ $36,923

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,163,052$628,755$1,791,807
Equipment$6,094$259,400$265,494
Other Land Buildings$0$9,414$9,414
Land$2,000-$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Denise R AshePresidentFT$63,360$63,360

Board Members and Trustees

NameTitle
Keith FrenchChairperson
Sherry JohnsonDirector
Marcella Blakney CollinsInterim Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$55,918
Program Service Revenue
$312,538
Investment Income
$10
Other Revenue
$50,694
All Other Contributions
$55,918
Change in Net Assets
$-27,515
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$336,331
Salaries, Compensation, and Employee Benefits$110,344
Total Fundraising Expense$7,838
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$157,170$10,870-$168,040
Current Officers, Directors, Trustees, and Key Employees$46,576$6,392$6,392$59,360
Other Salaries and Wages$34,520--$34,520
Occupancy$23,879$6,849-$30,728
Depreciation Depletion$12,179$8,455-$20,634
Insurance$6,170$4,315-$10,485
Payroll Taxes$8,055$635$635$9,325
Office Expenses$7,544$881-$8,425
Other Employee Benefits$6,167$486$486$7,139
All Other Expenses$2,812$2,473$325$5,610
Fees for Services Accounting$1,013$3,037-$4,050
Other Expenses$2,763$1,817-$2,763
Conferences and Meetings-$1,960-$1,960
Interest-$1,144-$1,144
Advertising-$642-$642
Travel$20$58-$78
Total Functional Expenses$383,211$55,626$7,838$446,675
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$22,785
Fundraising Direct Expenses$20,641
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
College Tours$11,375$11,375$10,347$1,028
Holiday Show$7,505$7,505$7,007$498
Total Events$22,785$22,785$20,641$2,144
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposit$5,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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, Section B, Line 11

Board officers review form 990 prior to filing via email distribution and approval

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

Monitored + enforced via annual discussion at board meeting including completion of disclosure forms

Form 990, Part VI, Section C, Line 19

Available upon request - copy in building file folder

Filing and Contact Details

Filer

Filer Name
Montgomery County Opportunities
EIN
23-6424784
Phone
6102799700
Address
1101 ARCH STREET, NORRISTOWN, PA 19401-4097

Signing Officer

Name
Denise R Ashe
Title
President
Phone
6102799700
Signed
2017-01-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise R Ashe
Formed
1966
Legal Domicile
Pa
Voting Board Members
3
Independent Board Members
3
Employees
2
Volunteers
7

Preparer

Firm
KIMMEL LORAH ASSOCIATES CPA'S LLP
Address
400 CRESSON BLVD PO BOX 979, OAKS, PA 19456
Preparer
Kelly Moono CPA
Phone
6106660450
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract services: program service expenses 157,170. Management and general expenses 2,620. Fundraising expenses 0. Total expenses 159,790. Strategic plan: program service expenses 0. Management and general expenses 8,250. Fundraising expenses 0. Total expenses 8,250.

Raw XML AppendixShowing 400 of 431 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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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SPECIAL EVENTS INCOME - 2011 AMOUNT: $ 35,597. 2012 AMOUNT: $ 11,905. 2013 AMOUNT: $ 22,872. 2014 AMOUNT: $ 28,572. 2015 AMOUNT: $ 22,785. MISCELLANEOUS - 2011 AMOUNT: $ 936. 2012 AMOUNT: $ 184. 2013 AMOUNT: $ 134. 2014 AMOUNT: $ 4,451. 2015 AMOUNT: $ 3,388.
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0100759
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0143359
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0459279
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0102197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0122099
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0120436
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0112491
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0108317
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0565540
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0872900
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt026173
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt033023
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt023006
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt012089
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt036533
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0130824
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.39740
IRS990ScheduleA/PublicSupportPY170Pct00.46520
IRS990ScheduleA/PublicSupportTotal170Amt0459279
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt055918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt077843
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt081400
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0100759
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0143359
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0459279
IRS990ScheduleA/TotalSupportAmt01155643
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt01163052
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0628755
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01791807
IRS990ScheduleD/EquipmentGrp/BookValueAmt06094
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0259400
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0265494
IRS990ScheduleD/LandGrp/BookValueAmt02000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt09414
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt09414
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0SECURITY DEPOSIT
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01171146
IRS990ScheduleD/TotalLiabilityAmt05000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt020641
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0COLLEGE TOURS
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0HOLIDAY SHOW
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt011375
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt07505
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt03905
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt022785
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt011375
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt07505
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt03905
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt022785
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt02144
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt03287
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt020641
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt010347
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt07007
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OFFICERS REVIEW FORM 990 PRIOR TO FILING VIA EMAIL DISTRIBUTION AND APPROVAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MONITORED + ENFORCED VIA ANNUAL DISCUSSION AT BOARD MEETING INCLUDING COMPLETION OF DISCLOSURE FORMS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST - COPY IN BUILDING FILE FOLDER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 157,170. MANAGEMENT AND GENERAL EXPENSES 2,620. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 159,790. STRATEGIC PLAN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 8,250. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 8,250.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt00
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt026750
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01285311
IRS990/TotalAssetsEOYAmt01322234
IRS990/TotalAssetsGrp/BOYAmt01285311
IRS990/TotalAssetsGrp/EOYAmt01322234
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt055918
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt07838
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt055626
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0383211
IRS990/TotalFunctionalExpensesGrp/TotalAmt0446675
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt099728
IRS990/TotalLiabilitiesEOYAmt0164166
IRS990/TotalLiabilitiesGrp/BOYAmt099728
IRS990/TotalLiabilitiesGrp/EOYAmt0164166
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01185583
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01158068
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0383211
IRS990/TotalProgramServiceRevenueAmt0312538
IRS990/TotalReportableCompFromOrgAmt063360
IRS990/TotalRevenueGrp/ExclusionAmt047316
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0315926
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0419160
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt07
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01285311
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01322234
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ManagementAndGeneralAmt058
IRS990/TravelGrp/ProgramServicesAmt020
IRS990/TravelGrp/TotalAmt078
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt01185583
IRS990/UnrestrictedNetAssetsGrp/EOYAmt01131318
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01101 ARCH STREET
IRS990/USAddress/CityNm0NORRISTOWN
IRS990/USAddress/StateAbbreviationCd0PA
IRS990/USAddress/ZIPCd0194014097
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03

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