Civic Intelligence

So What Else Inc C/O David Silbert

990 • Fiscal year 2022 • EIN 27-1219231

Jan 01, 2022 to Dec 31, 2022 • Filed on Sep 19, 2023

One Preserve ParkwayRockville, MD 20852

(240) 602-0486

Siviq Scores

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

Liabilities / Assets

67th percentile

0.19x

Higher debt load relative to assets than 67% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

47th percentile

0.07x

Higher debt load relative to revenue than 47% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Net Margin

41st percentile

2.5%

Higher net margin than 41% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

65th percentile

$91,821

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 4.0% of source-year revenue.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2022

Asset Growth

71st percentile

14%

Faster asset growth than 71% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

75th percentile

34%

Faster revenue growth than 75% of similar nonprofits.

2022 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Up

$823,897

Up $100,628 (+14%) from 2021

Net Assets

Up

$667,066

Up $58,843 (+9.7%) from 2021

Liabilities

Up

$156,831

Up $41,785 (+36%) from 2021

Revenue

Up

$2,313,233

Up $583,864 (+34%) from 2021

Expenses

Up

$2,254,390

Up $686,061 (+44%) from 2021

Net Income

Down

$58,843

Down $102,197 (-63%) from 2021

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $44,648Net Assets 2011: $44,6482011Assets 2012: $44,100Net Assets 2012: $44,1002012Assets 2013: $81,537Net Assets 2013: $81,5372013Assets 2014: $65,560Liabilities 2014: $0Net Assets 2014: $65,5602014Assets 2015: $72,547Liabilities 2015: $0Net Assets 2015: $72,5472015Assets 2016: $99,808Liabilities 2016: $0Net Assets 2016: $99,8082016Assets 2017: $114,626Liabilities 2017: $0Net Assets 2017: $114,6262017Assets 2018: $136,386Liabilities 2018: $11,408Net Assets 2018: $124,9782018Assets 2019: $148,268Liabilities 2019: $12,644Net Assets 2019: $135,6242019Assets 2021: $723,269Liabilities 2021: $115,046Net Assets 2021: $608,2232021Assets 2022: $823,897Liabilities 2022: $156,831Net Assets 2022: $667,0662022Assets 2024: $2,457,478Liabilities 2024: $2,155,924Net Assets 2024: $301,5542024

Highlighted filing

2022

Assets$823,897
Liabilities$156,831
Net Assets$667,066

Operations Trend

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

$40M$30M$20M$10M$0-$10MRevenue 2011: $79,498Expenses 2011: $44,649Net Income 2011: $34,8492011Revenue 2012: $81,503Expenses 2012: $82,051Net Income 2012: -$5482012Revenue 2013: $175,324Expenses 2013: $137,887Net Income 2013: $37,4372013Revenue 2014: $213,899Expenses 2014: $229,876Net Income 2014: -$15,9772014Revenue 2015: $280,316Expenses 2015: $273,329Net Income 2015: $6,9872015Revenue 2016: $351,547Expenses 2016: $324,286Net Income 2016: $27,2612016Revenue 2017: $411,417Expenses 2017: $396,599Net Income 2017: $14,8182017Revenue 2018: $573,764Expenses 2018: $563,412Net Income 2018: $10,3522018Revenue 2019: $699,268Expenses 2019: $688,622Net Income 2019: $10,6462019Revenue 2021: $1,729,369Expenses 2021: $1,568,329Net Income 2021: $161,0402021Revenue 2022: $2,313,233Expenses 2022: $2,254,390Net Income 2022: $58,8432022Revenue 2024: $33,815,906Expenses 2024: $33,998,005Net Income 2024: -$182,0992024

Highlighted filing

2022

Revenue$2,313,233
Expenses$2,254,390
Net Income$58,843
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Sep 19, 2023
Return Version
2022v5.0
Gross Receipts
$2,495,023
Mission and Program Overview

Mission

So what else provides out of school time educational and creative programming to underserved youth. We also promote volunteerism and provide resources to other community organizations by mobilizing the youth we serve to, in return, pay it forward to their community through service.

So what else's mission is to improve the lives of children and families living in underserved communities in the baltimore-washington metro area by providing food security, access to basic necessities, and high-quality out-of-school time programs in literacy, athletics, and the visual and performing arts while inspiring young people to give back to the community by creating volunteer opportunities for citizens of all ages.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$603,149$673,929▲ $70,780
Land, Buildings, and Equipment, Net$119,620$147,707▲ $28,087
Total Assets$723,269$823,897▲ $100,628
Other Assets Total$500$2,261▲ $1,761
Liabilities
Mortgage Notes Payable Secured by Investment Property$93,270$129,393▲ $36,123
Other Liabilities$21,776$27,438▲ $5,662
Total Liabilities$115,046$156,831▲ $41,785
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$608,223$667,066▲ $58,843
Total Net Assets Fund Balance$608,223$667,066▲ $58,843
Total Liabilities and Net Assets / Fund Balance$723,269$823,897▲ $100,628
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David SilbertExecutive DiFT$91,821$91,821

Board Members and Trustees

NameTitle
Amy HolmwoodDirector
Amy KatzDirector
Brad ShermanDirector
Brett BernsteinDirector
Greg MinkoffDirector
Jane DuniganDirector
Josh RossDirector
Matthew AmmermanDirector
Meredith HellerDirector
Michael MeersDirector
Michelle CooperDirector
Nicolle DavisDirector
Scott MendelsonDirector
Tosha DysonDirector
Wes OkersonDirector
Robert SchlessTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,063,155
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$250,078
All Other Contributions
$2,063,155
Change in Net Assets
$58,843
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,522,802
Other Expenses$623,488
Total Fundraising Expense$215,273
Grants and Similar Amounts Paid$108,100
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,113,902$117,561$155,335$1,386,798
Payroll Taxes$104,943$9,405$6,311$120,659
Grants to Domestic Orgs$108,100--$108,100
Insurance$52,959--$52,959
Depreciation Depletion$51,845--$51,845
Other Expenses$47,564--$47,564
Advertising--$44,686$44,686
All Other Expenses$8,018$19,639$8,941$36,598
Fees for Services Accounting-$35,250-$35,250
Occupancy$24,616--$24,616
Other Employee Benefits-$15,345-$15,345
Interest-$6,536-$6,536
Office Expenses-$6,381-$6,381
Travel$2,880--$2,880
Fees for Services Legal-$500-$500
Total Functional Expenses$1,828,500$210,617$215,273$2,254,390
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
4 My CityBaltimore, MD-Charitable$94,750
Volunteer MarylandCrownsville, MD-Charitable$8,950
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$431,709
Fundraising Direct Expenses$181,790
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$226,585$226,585$21,395$205,190
Shooting With C$140,532$140,532$80,542$59,990
Total Events$431,709$431,709$181,790$249,919
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Card Payable$27,438
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
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

Form 990 is reviewed and approved by the member of the board assigned to oversee financial activities.

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

Conflict of interest policy is reviewed annually at the board meeting.board members, officers and directors are reminded of the policy's reporting requirements.

Form 990, Page 6, Part VI, Line 15A

Board reviews compensation for the executive director annually to ensure it does not exceed the market rate.

Form 990, Page 6, Part VI, Line 19

Governing documents, conflict of interest policy and financial statements are available to any individual upon request.

Filing and Contact Details

Filer

Filer Name
So What Else Inc
EIN
27-1219231
Phone
2406020486
Address
ONE PRESERVE PARKWAY, ROCKVILLE, MD 20852

Signing Officer

Name
David Silbert
Title
Executive Director
Phone
3012796990
Signed
2023-09-19
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Silbert
Formed
2009
Legal Domicile
Md
Voting Board Members
16
Independent Board Members
16
Employees
129
Volunteers
150

Preparer

Firm
Ross & Associates Pc
Address
1320 OLD CHAIN BRIDGE ROAD SUITE 26, MC LEAN, VA 22101
Preparer
David a Ross CPA
Phone
7033568808
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

So what else's mission is to improve the lives of children and families living in underserved communities in the baltimore-washington metro area by providing food security, access to basic necessities, and high-quality out-of-school time programs in literacy, athletics, and the visual and performing arts while inspiring young people to give back to the community by creating volunteer opportunities for citizens of all ages.

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IRS990/MissionDesc0SO WHAT ELSE'S MISSION IS TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES LIVING IN UNDERSERVED COMMUNITIES IN THE BALTIMORE-WASHINGTON METRO AREA BY PROVIDING FOOD SECURITY, ACCESS TO BASIC NECESSITIES, AND HIGH-QUALITY OUT-OF-SCHOOL TIME PROGRAMS IN LITERACY, ATHLETICS, AND THE VISUAL AND PERFORMING ARTS WHILE INSPIRING YOUNG PEOPLE TO GIVE BACK TO THE COMMUNITY BY CREATING VOLUNTEER OPPORTUNITIES FOR CITIZENS OF ALL AGES.
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IRS990/OtherExpensesGrp/Desc1AUTO EXPENSE
IRS990/OtherExpensesGrp/Desc2CONTRACT LABOR
IRS990/OtherExpensesGrp/Desc3PROVIDED MEALS
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IRS990/OtherExpensesGrp/ProgramServicesAmt1108683
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IRS990/OtherExpensesGrp/ProgramServicesAmt347564
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IRS990/OtherExpensesGrp/TotalAmt1108683
IRS990/OtherExpensesGrp/TotalAmt249373
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IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
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IRS990/OtherSalariesAndWagesGrp/FundraisingAmt0155335
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0117561
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01113902
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IRS990/PayrollTaxesGrp/FundraisingAmt06311
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IRS990/PrincipalOfficerNm0DAVID SILBERT
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IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTS TO ORGANZIATIONS THAT SUPPORT OUR MISSION.
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IRS990/PYTotalRevenueAmt01729369
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IRS990/RegularMonitoringEnfrcInd0true
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IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01026733
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0655592
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IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0963252
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01576966
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01026733
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0667341
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0655592
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05989787
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0CREDIT CARD PAYABLE
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IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt04100
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt04100
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GALA
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0SHOOTING WITH C
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IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt03000
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IRS990ScheduleI/GrantRecordsMaintainedInd0false
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IRS990ScheduleI/RecipientTable/CashGrantAmt18950
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0CHARITABLE
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1CHARITABLE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt04 MY CITY
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1VOLUNTEER MARYLAND
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01300 S MONROE ST
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1100 COMMUNITY PLACE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/CityNm1CROWNSVILLE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
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IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SO WHAT ELSE'S MISSION IS TO IMPROVE THE LIVES OF CHILDREN AND FAMILIES LIVING IN UNDERSERVED COMMUNITIES IN THE BALTIMORE-WASHINGTON METRO AREA BY PROVIDING FOOD SECURITY, ACCESS TO BASIC NECESSITIES, AND HIGH-QUALITY OUT-OF-SCHOOL TIME PROGRAMS IN LITERACY, ATHLETICS, AND THE VISUAL AND PERFORMING ARTS WHILE INSPIRING YOUNG PEOPLE TO GIVE BACK TO THE COMMUNITY BY CREATING VOLUNTEER OPPORTUNITIES FOR CITIZENS OF ALL AGES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED AND APPROVED BY THE MEMBER OF THE BOARD ASSIGNED TO OVERSEE FINANCIAL ACTIVITIES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AT THE BOARD MEETING.BOARD MEMBERS, OFFICERS AND DIRECTORS ARE REMINDED OF THE POLICY'S REPORTING REQUIREMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD REVIEWS COMPENSATION FOR THE EXECUTIVE DIRECTOR ANNUALLY TO ENSURE IT DOES NOT EXCEED THE MARKET RATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO ANY INDIVIDUAL UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.46$2.16$0.30$33.8$34.0$0.18
2022Detailed filing. Detailed filing data is available for this year.$0.82$0.16$0.67$2.31$2.25$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.72$0.12$0.61$1.73$1.57$0.16
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.01$0.14$0.70$0.69$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.01$0.12$0.57$0.56$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.11$0.00$0.11$0.41$0.40$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.10$0.00$0.10$0.35$0.32$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.28$0.27$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.07$0.00$0.07$0.21$0.23$0.02
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.08$0.18$0.14$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.04$0.08$0.08$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.04$0.04$0.08$0.04$0.03
Peer Organizations

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