Civic Intelligence

The Mcconnell Group Inc Welfare Trust Fund

990EZ • Fiscal year 2017 • EIN 26-0733725

Jan 01, 2017 to Dec 31, 2017 • Filed on Sep 24, 2018

Organization Profilewww.themccgroup.com

View Organization Page

1901 Research BoulevardRockville, MD 20850

(301) 309-8310

Siviq Scores

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

Liabilities / Assets

99th percentile

2.88x

Higher debt load relative to assets than 99% of similar nonprofits.

2017 filings • 501(c)9 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

1.78x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)9 • <$500k nonprofits • Source year 2017

Net Margin

28th percentile

-20%

Higher net margin than 28% of similar nonprofits.

2017 filings • 501(c)9 • <$500k nonprofits • Source year 2017

Top Officer Pay

72nd percentile

$0

Higher top officer pay than 72% of similar nonprofits.

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

2017 filings • 501(c)9 • <$500k nonprofits • Source year 2017

Asset Growth

24th percentile

-21%

Faster asset growth than 24% of similar nonprofits.

2017 filings • 501(c)9 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

21st percentile

-36%

Faster revenue growth than 21% of similar nonprofits.

2017 filings • 501(c)9 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets99th percentile

Assets

Down

$28,675

Down $7,530 (-21%) from 2016

Net Assets

Down

-$53,849

Down $9,076 (-20%) from 2016

Liabilities

Up

$82,524

Up $1,546 (+1.9%) from 2016

Revenue And Expenses
Liabilities / Revenue97th percentileNet Margin28th percentile

Revenue

Down

$46,300

Down $25,811 (-36%) from 2016

Expenses

Down

$55,376

Down $20,979 (-27%) from 2016

Net Income

Down

-$9,076

Down $4,832 (-114%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

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

$100K$50K$0-$50K-$100KAssets 2010: $14,642Liabilities 2010: $83,112Net Assets 2010: -$68,4702010Assets 2011: $26,081Liabilities 2011: $51,420Net Assets 2011: -$25,3392011Assets 2012: $58,775Liabilities 2012: $91,194Net Assets 2012: -$32,4192012Assets 2013: $51,043Liabilities 2013: $86,042Net Assets 2013: -$34,9992013Assets 2014: $53,094Liabilities 2014: $91,623Net Assets 2014: -$38,5292014Assets 2015: $50,423Liabilities 2015: $90,952Net Assets 2015: -$40,5292015Assets 2016: $36,205Liabilities 2016: $80,978Net Assets 2016: -$44,7732016Assets 2017: $28,675Liabilities 2017: $82,524Net Assets 2017: -$53,8492017Assets 2018: $0Net Assets 2018: $02018

Highlighted filing

2017

Assets$28,675
Liabilities$82,524
Net Assets-$53,849
Open 2017 Filing

Operations Trend

Revenue Growth21st percentile

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

$300K$200K$100K$0-$100KExpenses 2010: $255,3302010Expenses 2011: $130,1982011Revenue 2012: $78,512Expenses 2012: $85,592Net Income 2012: -$7,0802012Revenue 2013: $93,442Expenses 2013: $96,022Net Income 2013: -$2,5802013Revenue 2014: $109,021Expenses 2014: $112,551Net Income 2014: -$3,5302014Revenue 2015: $90,848Expenses 2015: $92,848Net Income 2015: -$2,0002015Revenue 2016: $72,111Expenses 2016: $76,355Net Income 2016: -$4,2442016Revenue 2017: $46,300Expenses 2017: $55,376Net Income 2017: -$9,0762017Revenue 2018: $77,299Expenses 2018: $23,450Net Income 2018: $53,8492018

Highlighted filing

2017

Revenue$46,300
Expenses$55,376
Net Income-$9,076
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Sep 24, 2018
Return Version
2017v2.2
Gross Receipts
$46,300
Mission and Program Overview

Mission

The trust provides fringe benefits to employees covered by the service contract act. Employee benefits, including health, dental, vision, life and short term disability insurance and paid time off are required to meet minimum prevailing wage rates as required under the act.

Program Services

DescriptionGrantsExpenses
THE TRUST PROVIDES FRINGE BENEFITS TO EMPLOYEES COVERED BY THE SERVICE CONTRACT ACT. EMPLOYEE BENEFITS, INCLUDING HEALTH, DENTAL, VISION, LIFE AND SHORT TERM DISABILITY INSURANCE AND PAID TIME OFF ARE REQUIRED TO MEET MINIMUM PREVAILING WAGE RATES AS REQUIRED UNDER THE ACT.$35,125-
Compensation and Service Providers
Top Officer Pay72nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
IRVING MCCONNELLTrustee-$0--
Filing and Contact Details

Filer

Filer Name
The Mcconnell Group Inc
EIN
26-0733725
Phone
3013098310
Address
1901 RESEARCH BOULEVARD, ROCKVILLE, MD 20850

Signing Officer

Name
Irving Mcconnell
Title
Trustee
Signed
2018-09-24
Discuss with paid preparer
Yes

Preparer

Firm
Frye & Company CPAs
Address
9161 Liberia Ave Ste 304, Manassas, VA 20110
Preparer
Mark R Frye CPA
Phone
7032570660
Supplemental Narrative

Additional Explanations

Other Assets.1005

“Accounts Receivable - Beginning $5619 Accounts Receivable - Ending $0”

Total Liabilities.1001

“Accounts Payable and Accrued Expenses - Beginning $1808 Accounts Payable and Accrued Expenses - Ending $0”

Total Liabilities.1

“ACCRUED PREMIUM REBATE - Beginning $69863 ACCRUED PREMIUM REBATE - Ending $82524”

Total Liabilities.2

“ACCRUED PREMIUM RESERVE - Beginning $9307 ACCRUED PREMIUM RESERVE - Ending $0”

Raw XML Appendix99 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt035126
IRS990EZ/BooksInCareOfDetail/PersonNm0GOV'T SERVICE ADMINISTRATORS
IRS990EZ/BooksInCareOfDetail/PhoneNum08002502741
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0888 VETERANS MEMORIAL HWY SUITE 540
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0HAUPPAUGE
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011788
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt030586
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt028675
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9076
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt020250
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt036205
IRS990EZ/Form990TotalAssetsGrp/EOYAmt028675
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt046300
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingOtherDesc0MODIFIED CASH
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0-44773
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0-53849
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0-44773
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0-53849
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0IRVING MCCONNELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt05619
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE TRUST PROVIDES FRINGE BENEFITS TO EMPLOYEES COVERED BY THE SERVICE CONTRACT ACT. EMPLOYEE BENEFITS, INCLUDING HEALTH, DENTAL, VISION, LIFE AND SHORT TERM DISABILITY INSURANCE AND PAID TIME OFF ARE REQUIRED TO MEET MINIMUM PREVAILING WAGE RATES AS REQUIRED UNDER THE ACT.
IRS990EZ/ProgramServiceRevenueAmt046300
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE TRUST PROVIDES FRINGE BENEFITS TO EMPLOYEES COVERED BY THE SERVICE CONTRACT ACT. EMPLOYEE BENEFITS, INCLUDING HEALTH, DENTAL, VISION, LIFE AND SHORT TERM DISABILITY INSURANCE AND PAID TIME OFF ARE REQUIRED TO MEET MINIMUM PREVAILING WAGE RATES AS REQUIRED UNDER THE ACT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt035125
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt080978
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt082524
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt055376
IRS990EZ/TotalProgramServiceExpensesAmt035125
IRS990EZ/TotalRevenueAmt046300
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0http://www.themccgroup.com/
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Accounts Receivable - Beginning $5619 Accounts Receivable - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Accounts Payable and Accrued Expenses - Beginning $1808 Accounts Payable and Accrued Expenses - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCRUED PREMIUM REBATE - Beginning $69863 ACCRUED PREMIUM REBATE - Ending $82524
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCRUED PREMIUM RESERVE - Beginning $9307 ACCRUED PREMIUM RESERVE - Ending $0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Assets.1005
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Total Liabilities.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Total Liabilities.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Total Liabilities.2
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0IRVING MCCONNELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-09-24
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE MCCONNELL GROUP INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0WELFARE TRUST PLAN
ReturnHeader/Filer/BusinessNameControlTxt0MCCO
ReturnHeader/Filer/EIN0260733725
ReturnHeader/Filer/PhoneNum03013098310
ReturnHeader/Filer/USAddress/AddressLine1Txt01901 RESEARCH BOULEVARD
ReturnHeader/Filer/USAddress/CityNm0ROCKVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020850
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0454199441
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Frye & Company CPAs
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt09161 Liberia Ave Ste 304
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Manassas
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020110
ReturnHeader/PreparerPersonGrp/PhoneNum07032570660
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARK R FRYE CPA
ReturnHeader/ReturnTs02018-09-23T23:14:10-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$28,675
Liabilities
$82,524
Net assets
-$53,849
Revenue
$46,300
Expenses
$55,376
Net income
-$9,076
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2018Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.77$0.23$0.54
2017Detailed filing. Detailed filing data is available for this year.$0.29$0.83$0.54$0.46$0.55$0.09
2016Detailed filing. Detailed filing data is available for this year.$0.36$0.81$0.45$0.72$0.76$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.91$0.41$0.91$0.93$0.02
2014Detailed filing. Detailed filing data is available for this year.$0.53$0.92$0.39$1.09$1.13$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.51$0.86$0.35$0.93$0.96$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.59$0.91$0.32$0.79$0.86$0.07
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.26$0.51$0.25$1.30
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.83$0.68$2.55