Civic Intelligence

Montgomery County Opportunities Industrialization Center Inc.

990 • Fiscal year 2019 • EIN 23-6424784

Jul 01, 2018 to Jun 30, 2019 • Filed on Feb 16, 2019

1101 Arch StreetNorristown, PA 19401

(610) 279-9700

Siviq Scores

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

Liabilities / Assets

56th percentile

0.12x

Higher debt load relative to assets than 56% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

74th percentile

0.35x

Higher debt load relative to revenue than 74% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

44th percentile

1.4%

Higher net margin than 44% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$62,400

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 15.9% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

23rd percentile

-3.9%

Faster asset growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

79th percentile

27%

Faster revenue growth than 79% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Down

$1,172,927

Down $47,565 (-3.9%) from 2018

Net Assets

Up

$1,034,872

Up $14,763 (+1.4%) from 2018

Liabilities

Down

$138,055

Down $62,328 (-31%) from 2018

Revenue

Up

$391,765

Up $82,419 (+27%) from 2018

Expenses

Up

$386,379

Up $29,021 (+8.1%) from 2018

Net Income

Up

$5,386

Up $53,398 (+111%) from 2018

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

2019

Assets$1,172,927
Liabilities$138,055
Net Assets$1,034,872

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

2019

Revenue$391,765
Expenses$386,379
Net Income$5,386
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Feb 16, 2019
Return Version
2018v3.2
Gross Receipts
$391,765
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$1,106,457$1,050,818▼ $55,639
Cash and Non-Interest-Bearing Accounts$18,337$112,087▲ $93,750
Pledges and Grants Receivable$70,706--
Prepaid Expenses and Deferred Charges$14,909$8,128▼ $6,781
Savings and Temporary Cash Investments$10,083$1,894▼ $8,189
Total Assets$1,220,492$1,172,927▼ $47,565
Liabilities
Mortgage Notes Payable Secured by Investment Property$88,270$114,082▲ $25,812
Deferred Revenue$66,850--
Accounts Payable and Accrued Expenses$40,263$18,973▼ $21,290
Other Liabilities$5,000$5,000→ $0
Total Liabilities$200,383$138,055▼ $62,328
Net Assets / Fund Balance
Unrestricted Net Assets$996,461$1,034,872▲ $38,411
Temporarily Rstr Net Assets$23,648--
Total Net Assets Fund Balance$1,020,109$1,034,872▲ $14,763
Total Liabilities and Net Assets / Fund Balance$1,220,492$1,172,927▼ $47,565

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,045,534$757,256$1,802,790
Equipment-$277,362$277,362
Other Land Buildings$3,284$8,879$12,163
Land$2,000-$2,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Denise AsheCEO / Exec.FT$62,400$62,400

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$104,702
Program Service Revenue
$219,983
Investment Income
$4
Other Revenue
$67,076
All Other Contributions
$104,702
Change in Net Assets
$5,386

Audited Revenue Reconciliation

Revenue per Audited Statements
$391,765
Revenue Not Reported on Form 990
$67,437
Total Revenue per Audited Statements
$459,202
Total Revenue per Form 990
$391,765
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$241,741
Salaries, Compensation, and Employee Benefits$144,638
Total Fundraising Expense$9,125
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees$46,400$10,500$5,500$62,400
Other Salaries and Wages$53,647--$53,647
Depreciation Depletion$18,285$11,599-$29,884
Payroll Taxes$24,511$2,050$2,030$28,591
Interest$18,927$4,505-$23,432
Fees for Services Other$15,884$3,045$1,595$20,524
Insurance$6,683$4,085-$10,768
All Other Expenses$3,079$5,881-$8,960
Other Expenses$3,170$1,440-$4,610
Office Expenses$308$2,681-$2,989
Conferences and Meetings-$1,572-$1,572
Total Functional Expenses$327,436$49,818$9,125$386,379

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$444,691
Expenses per Audited Statements$386,379
Total Expenses per Form 990$386,379
Expenses Not Reported on Form 990$58,312
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$11,025
Fundraising Direct Expenses$9,125
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposit$5,000
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
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, Page 6, Part VI, Line 11B

Board of directors review form 990 prior to filing via email distribution and filing.

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

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

Form 990, Page 6, Part VI, 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

Signing Officer

Name
Denise Ashe
Title
CEO / Exec. Director
Phone
6102799700
Signed
2019-02-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Denise Ashe
Formed
1966
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
9

Preparer

Firm
Anthony Galani CPA
Address
PO BOX 26024, COLLEGEVILLE, PA 19426
Preparer
Anthony Galani CPA
Phone
4849618536
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Funraising netted on 990 9,125 rental expenses netted on 990 58,312 rental expensed netted on 990 -58,312 total 9,125

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

Funraising netted on 990 9,125 rental expenses netted on 990 58,312

Schedule D, Page 4, Part XII, Line 2D

Rental expensed netted on 990 58,312

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IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt034
IRS990/PYOtherExpensesAmt0198449
IRS990/PYOtherRevenueAmt066353
IRS990/PYProgramServiceRevenueAmt0157079
IRS990/PYRevenuesLessExpensesAmt0-48012
IRS990/PYSalariesCompEmpBnftPaidAmt0158909
IRS990/PYTotalExpensesAmt0357358
IRS990/PYTotalRevenueAmt0309346
IRS990/ReconcilationRevenueExpnssAmt05386
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/RealAmt042794
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0391765
IRS990/SavingsAndTempCashInvstGrp/BOYAmt010083
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01894
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt094,066
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0104702
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0104780
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt054111
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt055918
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt077843
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0397354
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0101110
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0109293
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0112472
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0102197
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0122099
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0547171
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0242365
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt022382
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt09061
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt03427
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt026173
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt033023
IRS990ScheduleA/OtherIncome170Grp/TotalAmt094066
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.38260
IRS990ScheduleA/PublicSupportPY170Pct00.36130
IRS990ScheduleA/PublicSupportTotal170Amt0397354
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0104702
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0104780
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt054111
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt055918
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt077843
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0397354
IRS990ScheduleA/TotalSupportAmt01038591
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/ScheduleBRequiredInd0true
IRS990ScheduleD/BuildingsGrp/BookValueAmt01045534
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0757256
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01802790
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0277362
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0277362
IRS990ScheduleD/ExpensesNotReportedAmt058312
IRS990ScheduleD/ExpensesSubtotalAmt0386379
IRS990ScheduleD/LandGrp/BookValueAmt02000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt02000
IRS990ScheduleD/OtherExpensesIncludedAmt058312
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt03284
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt08879
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt012163
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt05000
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSIT
IRS990ScheduleD/OtherRevenueAmt067437
IRS990ScheduleD/RevenueNotReportedAmt067437
IRS990ScheduleD/RevenueSubtotalAmt0391765
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0FUNRAISING NETTED ON 990 9,125 RENTAL EXPENSES NETTED ON 990 58,312
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSED NETTED ON 990 58,312
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01050818
IRS990ScheduleD/TotalExpensesPerForm990Amt0386379
IRS990ScheduleD/TotalLiabilityAmt05000
IRS990ScheduleD/TotalRevenuePerForm990Amt0391765
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0459202
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0444691
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0BOARD OF DIRECTORS REVIEW FORM 990 PRIOR TO FILING VIA EMAIL DISTRIBUTION AND FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1MONITORED AND ENFORCED VIA ANNUAL DISCUSSION AT BOARD MEETING INCLUDING COMPLETION OF DISCLOSURE FORMS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST - COPY IN BUILDING FILE FOLDER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FUNRAISING NETTED ON 990 9,125 RENTAL EXPENSES NETTED ON 990 58,312 RENTAL EXPENSED NETTED ON 990 -58,312 TOTAL 9,125
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt023648
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01220492
IRS990/TotalAssetsEOYAmt01172927
IRS990/TotalAssetsGrp/BOYAmt01220492
IRS990/TotalAssetsGrp/EOYAmt01172927
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0104702
IRS990/TotalEmployeeCnt09
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09125
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt049818
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0327436
IRS990/TotalFunctionalExpensesGrp/TotalAmt0386379
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0200383
IRS990/TotalLiabilitiesEOYAmt0138055
IRS990/TotalLiabilitiesGrp/BOYAmt0200383
IRS990/TotalLiabilitiesGrp/EOYAmt0138055
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01020109
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01034872
IRS990/TotalProgramServiceExpensesAmt0327436
IRS990/TotalProgramServiceRevenueAmt0219983
IRS990/TotalReportableCompFromOrgAmt062400
IRS990/TotalRevenueGrp/ExclusionAmt044698
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0242365
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0391765
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01220492
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01172927

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