Civic Intelligence

Oakland Mills Community Association Inc

990 • Fiscal year 2017 • EIN 23-7350490

May 01, 2016 to Apr 30, 2017 • Filed on Feb 19, 2018

5851 Robert Oliver PlaceColumbia, MD 21045-3740

(410) 730-4610

Siviq Scores

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

Liabilities / Assets

90th percentile

0.71x

Higher debt load relative to assets than 90% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

73rd percentile

0.38x

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

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Net Margin

35th percentile

-0.5%

Higher net margin than 35% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

88th percentile

$81,100

Higher top officer pay than 88% of similar nonprofits.

Top officer pay equals 14.1% of source-year revenue.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Source year 2017

Asset Growth

59th percentile

5.0%

Faster asset growth than 59% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

35th percentile

-2.0%

Faster revenue growth than 35% of similar nonprofits.

2017 filings • 501(c)4 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$311,323

Up $14,728 (+5.0%) from 2016

Net Assets

Down

$91,377

Down $2,748 (-2.9%) from 2016

Liabilities

Up

$219,946

Up $17,476 (+8.6%) from 2016

Revenue

Down

$574,468

Down $11,714 (-2.0%) from 2016

Expenses

Up

$577,216

Up $9,886 (+1.7%) from 2016

Net Income

Down

-$2,748

Down $21,600 (-115%) from 2016

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2013: $269,505Liabilities 2013: $160,173Net Assets 2013: $109,3322013Assets 2014: $288,667Liabilities 2014: $198,568Net Assets 2014: $90,0992014Assets 2015: $266,051Liabilities 2015: $190,779Net Assets 2015: $75,2722015Assets 2016: $296,595Liabilities 2016: $202,470Net Assets 2016: $94,1252016Assets 2017: $311,323Liabilities 2017: $219,946Net Assets 2017: $91,3772017Assets 2018: $332,240Liabilities 2018: $218,241Net Assets 2018: $113,9992018Assets 2019: $345,784Liabilities 2019: $205,310Net Assets 2019: $140,4742019Assets 2020: $312,036Liabilities 2020: $147,676Net Assets 2020: $164,3602020Assets 2021: $380,860Liabilities 2021: $179,942Net Assets 2021: $200,9182021Assets 2022: $458,693Liabilities 2022: $259,202Net Assets 2022: $199,4912022Assets 2023: $326,405Liabilities 2023: $162,589Net Assets 2023: $163,8162023Assets 2024: $337,115Liabilities 2024: $187,884Net Assets 2024: $149,2312024Assets 2025: $261,550Liabilities 2025: $101,219Net Assets 2025: $160,3312025

Highlighted filing

2017

Assets$311,323
Liabilities$219,946
Net Assets$91,377

Operations Trend

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

$800K$600K$400K$200K$0-$200KExpenses 2013: $507,1632013Revenue 2014: $527,801Expenses 2014: $547,034Net Income 2014: -$19,2332014Revenue 2015: $587,051Expenses 2015: $601,878Net Income 2015: -$14,8272015Revenue 2016: $586,182Expenses 2016: $567,330Net Income 2016: $18,8522016Revenue 2017: $574,468Expenses 2017: $577,216Net Income 2017: -$2,7482017Revenue 2018: $607,014Expenses 2018: $584,392Net Income 2018: $22,6222018Revenue 2019: $602,754Expenses 2019: $573,787Net Income 2019: $28,9672019Revenue 2020: $583,954Expenses 2020: $560,068Net Income 2020: $23,8862020Revenue 2021: $383,929Expenses 2021: $346,836Net Income 2021: $37,0932021Revenue 2022: $452,549Expenses 2022: $453,977Net Income 2022: -$1,4282022Revenue 2023: $582,356Expenses 2023: $618,031Net Income 2023: -$35,6752023Revenue 2024: $512,685Expenses 2024: $527,270Net Income 2024: -$14,5852024Revenue 2025: $573,411Expenses 2025: $562,311Net Income 2025: $11,1002025

Highlighted filing

2017

Revenue$574,468
Expenses$577,216
Net Income-$2,748
Jump To
Filing Snapshot
Filing Period
May 1, 2016 to Apr 30, 2017
Signed
Feb 19, 2018
Return Version
2016v3.0
Gross Receipts
$574,468
Mission and Program Overview

Mission

A non--profit civic association whose purpose is to promote the health, safety, common good and social welfare of community property owners and tenants.

A non-profit civic association whose purpose is to promote the health, safety, common good and social welfare of community property owners and tenants.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$107,692$160,455▲ $52,763
Savings and Temporary Cash Investments$176,713$140,650▼ $36,063
Land, Buildings, and Equipment, Net$8,460$5,547▼ $2,913
Prepaid Expenses and Deferred Charges$122$4,028▲ $3,906
Accounts Receivable$333$643▲ $310
Total Assets$296,595$311,323▲ $14,728
Other Assets Total$3,275--
Liabilities
Deferred Revenue$132,600$140,849▲ $8,249
Accounts Payable and Accrued Expenses$69,870$79,097▲ $9,227
Total Liabilities$202,470$219,946▲ $17,476
Net Assets / Fund Balance
Unrestricted Net Assets$94,125$91,377▼ $2,748
Total Net Assets Fund Balance$94,125$91,377▼ $2,748
Total Liabilities and Net Assets / Fund Balance$296,595$311,323▲ $14,728

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$5,547$45,225$50,772
Leasehold Improvements-$45,334$45,334
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Sandy CederbaumVillage ManagerFT$81,100$81,100

Board Members and Trustees

NameTitle
VirginiaThomasCo-Chair
William McCormickCo-Chair
Johathan EdelsonVice-Chair
Judy GottsagenBoard Member
Kay WisniewskiBoard Member
Lynn-Steven IngelkeBoard Member
Paul VerchinskiBoard Member
Revenue and Support

Revenue Composition

Contributions and Grants
$368,721
Program Service Revenue
$205,738
Investment Income
$9
Other Revenue
$0
All Other Contributions
$368,721
Change in Net Assets
$-2,748
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$358,847
Other Expenses$218,369
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$210,265$3,000-$213,265
Occupancy$85,574$15,535-$101,111
Current Officers, Directors, Trustees, and Key Employees$64,880$16,220-$81,100
Other Employee Benefits$21,944$5,486-$27,430
Payroll Taxes$18,669$4,667-$23,336
Advertising$13,925--$13,925
Pension Plan Contributions$10,973$2,743-$13,716
Insurance$5,325$5,325-$10,650
All Other Expenses-$8,535-$8,535
Fees for Services Other$7,253--$7,253
Fees for Services Accounting-$7,225-$7,225
Other Expenses$6,247--$6,247
Conferences and Meetings$2,377$2,824-$5,201
Depreciation Depletion-$4,995-$4,995
Office Expenses$1,250$1,767-$3,017
Fees for Services Legal-$2,821-$2,821
Total Functional Expenses$496,071$81,143$0$577,216
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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, Part VI, Section B, Line 11B

Form 990 was reviewed by Board Members before filing

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

Board Chair serves as compliance officer

Form 990, Part VI, Section C, Line Line 19

Governing Documents, Policies and financial statements are available at the Association Office.

Filing and Contact Details

Filer

Filer Name
Oakland Mills Community Association
EIN
23-7350490
Phone
4107304610
Address
5851 Robert Oliver Place, Columbia, MD 21045-3740

Signing Officer

Name
Sandy Cederbaum
Title
Village Manager
Signed
2018-02-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William McCormick
Formed
1974
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
17
Volunteers
65

Preparer

Firm
Richard Radhe Accounting
Address
8902 Skyrock Court, Columbia, MD 21046
Preparer
Richard E Radhe
Phone
4103022721
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IRS990/PYContributionsGrantsAmt0391776
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0310
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0202021
IRS990/PYProgramServiceRevenueAmt0194096
IRS990/PYRevenuesLessExpensesAmt018852
IRS990/PYSalariesCompEmpBnftPaidAmt0365309
IRS990/PYTotalExpensesAmt0567330
IRS990/PYTotalRevenueAmt0586182
IRS990/ReconcilationRevenueExpnssAmt0-2748
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0368721
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0176713
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0140650
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt05547
IRS990ScheduleD/EquipmentGrp/DepreciationAmt045225
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050772
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt045334
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt045334
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05547
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 was reviewed by Board Members before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board Chair serves as compliance officer
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Governing Documents, Policies and financial statements are available at the Association Office.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12 C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line Line 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0296595
IRS990/TotalAssetsEOYAmt0311323
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IRS990/TotalAssetsGrp/EOYAmt0311323
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0368721
IRS990/TotalEmployeeCnt017
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt081143
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0496071
IRS990/TotalFunctionalExpensesGrp/TotalAmt0577216
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0202470
IRS990/TotalLiabilitiesEOYAmt0219946
IRS990/TotalLiabilitiesGrp/BOYAmt0202470
IRS990/TotalLiabilitiesGrp/EOYAmt0219946
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt094125
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt091377
IRS990/TotalProgramServiceExpensesAmt0496071
IRS990/TotalProgramServiceRevenueAmt0205738
IRS990/TotalReportableCompFromOrgAmt081100
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0205747
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0574468
IRS990/TotalVolunteersCnt065
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0296595
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0311323
IRS990/TravelGrp/TotalAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt094125
IRS990/UnrestrictedNetAssetsGrp/EOYAmt091377
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt09569 Patchin Court
IRS990/USAddress/CityNm0Columbia
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021045
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP:\Oaklandmills.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-03-14 21:41:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Sandy Cederbaum
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Village Manager
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-02-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Oakland Mills Community Association
ReturnHeader/Filer/BusinessNameControlTxt0OAKL
ReturnHeader/Filer/EIN0237350490
ReturnHeader/Filer/PhoneNum04107304610
ReturnHeader/Filer/USAddress/AddressLine1Txt05851 Robert Oliver Place
ReturnHeader/Filer/USAddress/CityNm0Columbia
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd0210453740
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07A978C6057DD719E20FC9901943819F33A9634B8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0562C3C5A12356C9C8B28C095A838D8674742CEBB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt073.135.40.75
ReturnHeader/FilingSecurityInformation/IPDt02018-02-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ES
ReturnHeader/FilingSecurityInformation/IPTm016:02:30
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Richard Radhe Accounting
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt08902 Skyrock Court
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Columbia
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021046
ReturnHeader/PreparerPersonGrp/PhoneNum04103022721
ReturnHeader/PreparerPersonGrp/PreparationDt02018-02-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Richard E Radhe
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02018-02-19T11:13:02-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-05-01
ReturnHeader/TaxPeriodEndDt02017-04-30
ReturnHeader/TaxYr02016

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