Civic Intelligence

The Central Baltimore Partnership Inc.

990 • Fiscal year 2022 • EIN 26-2842736

Jul 01, 2021 to Jun 30, 2022 • Filed on Mar 23, 2023

25 East 20th Street Suite 140Baltimore, MD 21218

(410) 244-1775

Siviq Scores

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

Liabilities / Assets

79th percentile

0.48x

Higher debt load relative to assets than 79% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Liabilities / Revenue

77th percentile

0.62x

Higher debt load relative to revenue than 77% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Net Margin

86th percentile

43%

Higher net margin than 86% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$160,000

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 3.7% of source-year revenue.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2022

Asset Growth

98th percentile

274%

Faster asset growth than 98% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Revenue Growth

93rd percentile

111%

Faster revenue growth than 93% of similar nonprofits.

2022 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2021 to 2022

Assets

Up

$5,647,773

Up $4,136,977 (+274%) from 2021

Net Assets

Up

$2,960,497

Up $1,846,662 (+166%) from 2021

Liabilities

Up

$2,687,276

Up $2,290,315 (+577%) from 2021

Revenue

Up

$4,310,518

Up $2,269,337 (+111%) from 2021

Expenses

Up

$2,476,356

Up $1,383,972 (+127%) from 2021

Net Income

Up

$1,834,162

Up $885,365 (+93%) from 2021

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2012: $158,750Liabilities 2012: $11,158Net Assets 2012: $147,5922012Assets 2013: $304,366Liabilities 2013: $20,745Net Assets 2013: $283,6212013Assets 2014: $544,551Liabilities 2014: $301,883Net Assets 2014: $242,6682014Assets 2015: $427,636Liabilities 2015: $174,963Net Assets 2015: $252,6732015Assets 2020: $411,469Liabilities 2020: $246,431Net Assets 2020: $165,0382020Assets 2021: $1,510,796Liabilities 2021: $396,961Net Assets 2021: $1,113,8352021Assets 2022: $5,647,773Liabilities 2022: $2,687,276Net Assets 2022: $2,960,4972022Assets 2023: $6,551,165Liabilities 2023: $2,964,386Net Assets 2023: $3,586,7792023Assets 2024: $9,946,063Liabilities 2024: $5,290,842Net Assets 2024: $4,655,2212024

Highlighted filing

2022

Assets$5,647,773
Liabilities$2,687,276
Net Assets$2,960,497

Operations Trend

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

$6.0M$4.0M$2.0M$0-$2.0MExpenses 2012: $674,7092012Expenses 2013: $786,3182013Revenue 2014: $544,407Expenses 2014: $585,360Net Income 2014: -$40,9532014Revenue 2015: $661,423Expenses 2015: $651,418Net Income 2015: $10,0052015Revenue 2020: $966,453Expenses 2020: $1,189,704Net Income 2020: -$223,2512020Revenue 2021: $2,041,181Expenses 2021: $1,092,384Net Income 2021: $948,7972021Revenue 2022: $4,310,518Expenses 2022: $2,476,356Net Income 2022: $1,834,1622022Revenue 2023: $3,232,830Expenses 2023: $2,606,548Net Income 2023: $626,2822023Revenue 2024: $5,009,068Expenses 2024: $3,940,626Net Income 2024: $1,068,4422024

Highlighted filing

2022

Revenue$4,310,518
Expenses$2,476,356
Net Income$1,834,162
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Mar 23, 2023
Return Version
2021v4.1
Gross Receipts
$4,310,518
Mission and Program Overview

Mission

The mission of the central baltimore partnership (cbp) is to galvanize the renaissance of the neighborhoods of central baltimore. The organization pursues its mission by partnering with neighborhood organizations, non-profits, educational institutions, businesses and government agencies.

The mission of the central baltimore partnership cbp is to galvanize the renaissance of the neighborhoods of central baltimore by engaging partners to assure everyone has an opportunity to participate and to benefit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,990$3,973,732▲ $3,963,742
Pledges and Grants Receivable$385,679$612,367▲ $226,688
Savings and Temporary Cash Investments$965,338$568,134▼ $397,204
Cash and Non-Interest-Bearing Accounts$123,557$404,564▲ $281,007
Accounts Receivable$4,145$77,517▲ $73,372
Prepaid Expenses and Deferred Charges$2,685$9,519▲ $6,834
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,510,796$5,647,773▲ $4,136,977
Other Assets Total$19,402$1,940▼ $17,462
Liabilities
Mortgage Notes Payable Secured by Investment Property-$1,971,284-
Accounts Payable and Accrued Expenses$43,112$510,791▲ $467,679
Other Liabilities$353,849$204,212▼ $149,637
Deferred Revenue-$989-
Total Liabilities$396,961$2,687,276▲ $2,290,315
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$666,584$2,685,423▲ $2,018,839
Net Assets With Donor Restrictions$447,251$275,074▼ $172,177
Total Net Assets Fund Balance$1,113,835$2,960,497▲ $1,846,662
Total Liabilities and Net Assets / Fund Balance$1,510,796$5,647,773▲ $4,136,977

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,768,333$31,667$3,800,000
Other Land Buildings$183,426-$183,426
Equipment$21,973$14,141$36,114
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Ellen JanesExecutive DirectorFT$160,000$160,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$4,266,189
Program Service Revenue
$0
Investment Income
$106
Other Revenue
$44,223
All Other Contributions
$2,499,580
Change in Net Assets
$1,834,162

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,310,518
Revenue Not Reported on Form 990
$5,000
Total Revenue per Audited Statements
$4,315,518
Total Revenue per Form 990
$4,310,518
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,707,330
Salaries, Compensation, and Employee Benefits$566,884
Grants and Similar Amounts Paid$202,142
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$1,180,198$23,512-$1,203,710
Other Salaries and Wages$306,261$32,554-$338,815
Grants to Domestic Orgs$202,142--$202,142
Current Officers, Directors, Trustees, and Key Employees$143,135$15,215-$158,350
Conferences and Meetings$72,087$5,983-$78,070
Interest$53,343--$53,343
Occupancy$42,185$6,069-$48,254
Fees for Services Accounting$670$45,416-$46,086
Office Expenses$37,006$5,646-$42,652
Depreciation Depletion$36,932--$36,932
Payroll Taxes$31,719$5,126-$36,845
Other Employee Benefits$22,335$3,610-$25,945
Insurance$14,047$2,143-$16,190
Information Technology$9,412$188-$9,600
Pension Plan Contributions$5,965$964-$6,929
Other Expenses$172,483$10-$10
Total Functional Expenses$2,329,920$146,436$0$2,476,356

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,481,356
Expenses per Audited Statements$2,476,356
Total Expenses per Form 990$2,476,356
Expenses Not Reported on Form 990$5,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
29th Street Community CenterBaltimore, MD501(c)(3)Community Center$202,142
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
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Agency Transaction Payable$194,689
Tenants' Security Deposits$9,523
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The organization has more than 120 organization partners, including members of the governing body. All serve voluntarily, serving on task forces, work groups, or otherwise supporting the comprehensive revitalization work of the organization.

Form 990, Part VI, Line 11B: Form 990 Review Process

The 990 is circulated to the oganization's finance committee and signed by the treasurer, then summarized at the next board of directors meeting.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The conflict of interest policy statement is reviewed and signed annually by staff and board members. Copies of the signed forms are retained in a special file in the office. The method is self reporting, in that, if a board member or executive director indentifies a possible conflict of interest, he or she brings it to the attention of the board and excuses himself/herself from voting on the decision/issue. A staff member who has a conflict brings it to the attention of the executive director, who in turn takes it to the board. The staff person does not participate in any decisions involving his/her conflict. The executive director also informally monitors potential conlicts and reports them to the officers to decide whether there should be an inquiry or request for information from a particular board member.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

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

Filing and Contact Details

Filer

Filer Name
Central Baltimore Partnership Inc
EIN
26-2842736
Phone
4102441775
Address
25 EAST 20TH STREET SUITE 140, BALTIMORE, MD 21218

Signing Officer

Name
Michael Pokorny
Title
Treasurer
Signed
2023-03-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Neil Didriksen
Formed
2008
Legal Domicile
Md
Voting Board Members
19
Independent Board Members
19
Employees
9
Volunteers
25

Preparer

Firm
CEA Scholtes and Associates
Address
106 Tunbridge Rd, Baltimore, MD 21212
Preparer
Chris Scholtes CPA
Phone
4103230010
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

Other program services 4: other

Other Changes In Net Assets Or Fund Balances - Other Increases

Member Capital Contributions = $12500

Financial Statement Notes

Part X : FIN48 Footnote

The organization is exempt from federal income tax under section 501(c)(3) of the internal revenue code. As such, no provision for income taxes is reflected in the financial statements. The organization qualifies for the charitable contribution deduction under section 170(b)(1)(a) and has been classified as an organization that is not a private foundation under section 509(a)(2). The organization's evaluation on june 30, 2022, revealed no uncertain tax positions that would have a material impract on the financial statements. Tax returns for the three 3 years remain subject to examination by the irs. The organization does not believe that any reasonably possible changes will occur within the next twelve 12 months that will have a material impact on the financial statements.

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IRS990/Desc0PROMOTING THE COMPREHENSIVE REVITALIZATION OF ELEVEN NEIGHBORHOODS AND ONE COMMERCIAL DISTRICT IN CENTRAL BALTIMORE IN ACCORDANCE WITH ACTION PLANS. COORDINATES THE ACTIVITY OF APPROXIMATELY 120 ORGANIZATIONS INCLUDING THREE UNIVERSITIES, CITY AND STATE AGENCIES, COMMUNITY AND NONPROFIT ORGANIZATIONS, AND BUSINESSES AND BUSINESS GROUPS. WE HAVE ACHIEVED DRAMATIC SUCCESS IN PROMOTING STRATEGIC REINVESTMENT IN OUR COMMUNITY--RE-USING VACANT PROPERTY, PROMOTING AND PRESERVING AFFORDABLE HOUSING SUPPORTING HOMEOWNERSHIP AND COMMERCIAL REDEVELOPMENT, STRENGTHENING THE VITALITY OF OUR ARTS DISTRICT, IMPROVING TRANSPORTATION, AND CREATING MORE EQUITABLE SOCIAL AND ECONOMIC OPPORTUNITY. WE HAVE REDUCED THE NUMBER OF VACANT PROPERTIES BY HALF--TO APPROXIMATELY 200 AND WE HAVE CREATED MORE THAN 500 AFFORDABLE HOUSING UNITS AND A TOTAL OF 1,500 HOUSING UNITS SINCE 2010. WE HAVE IMPROVED THE COMMERCIAL DISTRICTS OF CENTRAL BALTIMORE ON NORTH AVENUE, GREENMOUNT AVENUE, ON LOWER CHARLES STREET, AND IN REMINGTON.
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IRS990/Form990PartVIISectionAGrp/PersonNm2Michael Pokorny
IRS990/Form990PartVIISectionAGrp/PersonNm3Sheri Parks
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IRS990/Form990PartVIISectionAGrp/PersonNm8Linda Johnson
IRS990/Form990PartVIISectionAGrp/PersonNm9David Lapides
IRS990/Form990PartVIISectionAGrp/PersonNm10Fred Lazarus
IRS990/Form990PartVIISectionAGrp/PersonNm11Lucas Carlson
IRS990/Form990PartVIISectionAGrp/PersonNm12Andrew Northrup
IRS990/Form990PartVIISectionAGrp/PersonNm13Salem Reiner
IRS990/Form990PartVIISectionAGrp/PersonNm14Chris Ryer
IRS990/Form990PartVIISectionAGrp/PersonNm15Vicki Schultz
IRS990/Form990PartVIISectionAGrp/PersonNm16Lauren Kelly-Washington
IRS990/Form990PartVIISectionAGrp/PersonNm17Kristina Williams
IRS990/Form990PartVIISectionAGrp/PersonNm18Alicia Wilson
IRS990/Form990PartVIISectionAGrp/PersonNm19Elaine Asal
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt1President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt14Director
IRS990/Form990PartVIISectionAGrp/TitleTxt15Director
IRS990/Form990PartVIISectionAGrp/TitleTxt16Director
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IRS990/MissionDesc0THE MISSION OF THE CENTRAL BALTIMORE PARTNERSHIP CBP IS TO GALVANIZE THE RENAISSANCE OF THE NEIGHBORHOODS OF CENTRAL BALTIMORE, CREATING A DIVERSE, EQUITABLE COMMUNITY WHERE EVERYONE CAN THRIVE. THE ORGANIZATION PURSUES ITS MISSION BY PARTNERING WITH NEIGHBORHOOD ORGANIZATIONS, NON-PROFITS, EDUCATIONAL INSTITUTIONS, BUSINESSES AND GOVERNMENT AGENCIES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0CBP AND OVER 150 PARTNERS HAVE REALIZED A COMPREHENSIVE COMMUNITY DEVELOPMENT STRATEGY RESULTING SINCE 2007 IN $1 BILLION IN INVESTMENT, OVER 1600 UNITS OF HOUSING (30% AFFORDABLE), REDUCED CRIME; IMPROVED OPEN SPACE AND PATHWAYS, LIGHTING AND SANITATION; AND THE RE-USE OF LONG-VACANT LANDMARK COMMERCIAL AND INDUSTRIAL BUILDINGS. CBPS 2012 HCPI ACTION PLANSTILL THE BEDROCK OF CBPS WORKWAS A MODEL OF COMMUNITY PARTICIPATION, INVOLVING OVER 200 PUBLIC AND PRIVATE MEETINGS. THIS PLAN DEMONSTRATED CBP'S ABILITY TO JOIN STAKEHOLDERS FROM 10 NEIGHBORHOODS TO PLAN AND EXECUTE A BOLD REVITALIZATION STRATEGY. SINCE THEN CBP HAS HONED THIS COLLABORATIVE APPROACH AND OUR WORK IS GUIDED NOW BY OVER 20 TASK FORCES AND WORK GROUPS INVOLVING RESIDENTS AND BUSINESSES, SUBJECT MATTER EXPERTS, PUBLIC AGENCY AND INSTITUTION REPRESENTATIVES. THESE COMMITTEES WRESTLE WITH TOPICS RANGING FROM DEVELOPING/MAINTAINING AN ARTS DISTRICT, TO CREATING VIBRANT OUT-OF-SCHOOL-TIME PROGRAMMING FOR YOUTH, AND THE REDEVELOPMENT OF KEY PARCELS. OUR UNIQUELY COLLABORATIVE APPROACH AND ITS IMPACT HAVE ATTRACTED ATTENTION FROM PEERS AND POTENTIAL INVESTORS, AS WELL AS LOCAL AND NATIONAL MEDIA. BALTIMORE HOUSING, THE MD SMART GROWTH COMMISSION, THE COMMUNITY DEVELOPMENT NETWORK OF MD, AND NATIONAL ORGANIZATIONS LIKE THE NATIONAL ASSOC. OF COMMUNITY ECONOMIC DEVELOPMENT ASSOCIATIONS RECOGNIZE CBP AS AMONG THE MOST INNOVATIVE AND PRODUCTIVE COMMUNITY DEVELOPMENT ORGANIZATIONS. EVERY WEEK INVOLVES INQUIRIES FROM GROUPS WHO WANT TO EMULATE OUR WORK AND TIME SPENT COACHING OTHERS IN CBPS APPROACH. CBP HAS CONVENED A NUMBER OF COMMUNITY PLANNING INITIATIVES, THEN WORKED WITH STAKEHOLDERS TO BUILD THEIR IMPLEMENTATION CAPACITY. RECENTLY, THESE INCLUDE THE NORTH AVENUE RISING PLANNING PROCESS IN CENTRAL BALTIMORE, THE DEVELOPMENT OF A NORTH AVENUE COMMERCIAL REVITALIZATION STRATEGY, AND EARLY REINVESTMENT PRIORITY SETTING IN MIDWAY, WHICH HAS RESULTED IN PLANS FOR A SPECTACULAR COMMUNITY PARK AND THE EXPANSION OF THE COMPOUND, AN EXTRAORDINARY ARTS CO-OP. CBPS CURRENT REDEVELOPMENT ACTIVITY IS AMBITIOUS AND REFLECTS OUR CAPACITY AND THE CONFIDENCE KEY STAKEHOLDERS HAVE IN OUR ORGANIZATION. THESE PROJECTS INCLUDE LEADING COMMUNITY PARTICIPATION IN THE REDEVELOPMENT OF PENN STATION AND THE SURROUNDING PUBLIC REALM; EXPANDING OUR PARTNERSHIP WITH ST. AMBROSE HOUSING AID CENTER AND JUBILEE BALTIMORE TO ASSIST 70+ LOW-INCOME HOMEOWNERS TO REPAIR THEIR HOMES EACH YEAR; EXPANSION OF PROGRAMMING OF THE STATION NORTH ARTS DISTRICT, SMALL BUSINESS DEVELOPMENT ALONG GREENMOUNT AND NORTH AVENUES; AND THE $3.8 MM INTERVENTION ACQUISITION OF A KEY ARTS HUB, AREA 405.
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IRS990/ProgSrvcAccomActy2Grp/GrantAmt0202142
IRS990/ProgSrvcAccomActy3Grp/Desc0ENCOURAGING AND SUPPORTING COMMUNITY ENGAGEMENT IN CENTRAL BALTIMORE NEIGHBORHOODS BY COLLABORATING WITH LOCAL FOUNDATIONS, LOCAL AND STATE GOVERNMENT, FELLOW NONPROFIT ORGANIZATIONS, BUSINESSES AND FINANCIAL INSTITUTIONS TO CONNECT RESIDENTS TO EMPLOYMENT, HOUSING, BUSINESS DEVELOPMENT, ARTS, CULTURAL, AND RECREATIONAL OPPORTUNITIES, AND HEALTH AND SUPPORT SERVICES. WE ALSO WORK COLLABORATIVELY TO IMPROVE PUBLIC SAFETY AND ACTIVATE VACANT PROPERTY.
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