Civic Intelligence

Michigan Tech Enterprise Corporation

990 • Fiscal year 2020 • EIN 30-0109013

Jul 01, 2019 to Jun 30, 2020 • Filed on May 11, 2021

Organization ProfileWWW.MTECSZ.COM
600 E Lakeshore Drive Box 1Houghton, MI 49931

(906) 487-7000

Siviq Scores

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

Liabilities / Assets

64th percentile

0.22x

Higher debt load relative to assets than 64% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

72nd percentile

0.37x

Higher debt load relative to revenue than 72% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

50th percentile

5.4%

Higher net margin than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

89th percentile

$187,168

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 13.8% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

46th percentile

4.4%

Faster asset growth than 46% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

45th percentile

-1.3%

Faster revenue growth than 45% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets64th percentile

Assets

Up

$2,306,565

Up $97,788 (+4.4%) from 2019

Net Assets

Up

$1,803,928

Up $34,725 (+2.0%) from 2019

Liabilities

Up

$502,637

Up $63,063 (+14%) from 2019

Revenue And Expenses
Liabilities / Revenue72nd percentileNet Margin50th percentile

Revenue

Down

$1,356,499

Down $17,694 (-1.3%) from 2019

Expenses

Down

$1,283,739

Down $33,019 (-2.5%) from 2019

Net Income

Up

$72,760

Up $15,325 (+27%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth46th percentile

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

$6.0M$4.0M$2.0M$0Assets 2012: $1,755,623Liabilities 2012: $577,403Net Assets 2012: $1,178,2202012Assets 2013: $2,052,050Liabilities 2013: $666,717Net Assets 2013: $1,385,3332013Assets 2014: $2,029,602Liabilities 2014: $640,354Net Assets 2014: $1,389,2482014Assets 2015: $1,911,420Liabilities 2015: $497,703Net Assets 2015: $1,413,7172015Assets 2016: $2,067,604Liabilities 2016: $513,415Net Assets 2016: $1,554,1892016Assets 2017: $2,148,459Liabilities 2017: $545,493Net Assets 2017: $1,602,9662017Assets 2018: $2,173,587Liabilities 2018: $494,259Net Assets 2018: $1,679,3282018Assets 2019: $2,208,777Liabilities 2019: $439,574Net Assets 2019: $1,769,2032019Assets 2020: $2,306,565Liabilities 2020: $502,637Net Assets 2020: $1,803,9282020Assets 2021: $3,191,054Liabilities 2021: $421,636Net Assets 2021: $2,769,4182021Assets 2022: $2,993,171Liabilities 2022: $417,987Net Assets 2022: $2,575,1842022Assets 2023: $3,491,836Liabilities 2023: $373,789Net Assets 2023: $3,118,0472023Assets 2024: $5,912,043Liabilities 2024: $1,902,024Net Assets 2024: $4,010,0192024

Highlighted filing

2020

Assets$2,306,565
Liabilities$502,637
Net Assets$1,803,928
Open 2020 Filing

Operations Trend

Revenue Growth45th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $816,7732012Expenses 2013: $1,397,6632013Revenue 2014: $1,734,932Expenses 2014: $1,828,887Net Income 2014: -$93,9552014Revenue 2015: $1,500,013Expenses 2015: $1,484,230Net Income 2015: $15,7832015Revenue 2016: $1,321,444Expenses 2016: $1,163,825Net Income 2016: $157,6192016Revenue 2017: $1,385,977Expenses 2017: $1,434,670Net Income 2017: -$48,6932017Revenue 2018: $1,246,101Expenses 2018: $1,234,175Net Income 2018: $11,9262018Revenue 2019: $1,374,193Expenses 2019: $1,316,758Net Income 2019: $57,4352019Revenue 2020: $1,356,499Expenses 2020: $1,283,739Net Income 2020: $72,7602020Revenue 2021: $1,494,875Expenses 2021: $1,071,016Net Income 2021: $423,8592021Revenue 2022: $1,536,787Expenses 2022: $1,237,493Net Income 2022: $299,2942022Revenue 2023: $1,718,234Expenses 2023: $1,309,229Net Income 2023: $409,0052023Revenue 2024: $2,154,560Expenses 2024: $1,431,852Net Income 2024: $722,7082024

Highlighted filing

2020

Revenue$1,356,499
Expenses$1,283,739
Net Income$72,760
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 11, 2021
Return Version
2019v5.0
Gross Receipts
$1,356,499
Mission and Program Overview

Mission

To promote economic and industrial development in houghton county and in the state of michigan.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,404,520$1,401,068▼ $3,452
Cash and Non-Interest-Bearing Accounts$433,334$561,252▲ $127,918
Prepaid Expenses and Deferred Charges$233,334$216,067▼ $17,267
Other Notes and Loans Receivable, Net$97,339$86,925▼ $10,414
Accounts Receivable$13,637$29,602▲ $15,965
Land, Buildings, and Equipment, Net$26,613$11,651▼ $14,962
Total Assets$2,208,777$2,306,565▲ $97,788
Liabilities
Deferred Revenue$371,504$445,568▲ $74,064
Accounts Payable and Accrued Expenses$56,972$46,260▼ $10,712
Other Liabilities$11,098$10,809▼ $289
Total Liabilities$439,574$502,637▲ $63,063
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,769,203$1,803,928▲ $34,725
Total Net Assets Fund Balance$1,769,203$1,803,928▲ $34,725
Total Liabilities and Net Assets / Fund Balance$2,208,777$2,306,565▲ $97,788

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$11,651$163,532$175,183
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Dan JamisonChief ExecutFT$142,616$44,552$187,168
Dan JamisonChief Executive-$142,616$44,552$187,168

Board Members and Trustees

NameTitle
Eric WaaraChair
Kevin CodereVice-chair
Alan WestBoard Member
Brad CanaleBoard Member
Fred MolnarBoard Member
Joe DancyBoard Member
Lee Ann RouseBoard Member
Paul DeanBoard Member
Steve ZutterBoard Member
Tom MerzBoard Member
Mary BabcockSecretary
Dave ReedTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,170,181
Program Service Revenue
$143,180
Investment Income
$34,583
Other Revenue
$8,555
Change in Net Assets
$72,760

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,356,499
Revenue Not Reported on Form 990
$-38,035
Total Revenue per Audited Statements
$1,318,464
Total Revenue per Form 990
$1,356,499
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$710,396
Other Expenses$573,343
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$67,922$299,147-$367,069
Current Officers, Directors, Trustees, and Key Employees-$192,552-$192,552
Occupancy-$163,788-$163,788
Fees for Services Other-$152,307-$152,307
Other Employee Benefits$19,155$63,119-$82,274
Office Expenses$1,638$54,500-$56,138
Payroll Taxes-$37,433-$37,433
Travel$11,428$23,396-$34,824
Pension Plan Contributions-$31,068-$31,068
Advertising-$16,942-$16,942
Other Expenses$26,023$15,725-$15,725
Depreciation Depletion-$14,962-$14,962
Conferences and Meetings-$14,907-$14,907
Fees for Services Accounting-$9,209-$9,209
Insurance-$1,290-$1,290
Interest-$63-$63
Total Functional Expenses$126,166$1,157,573$0$1,283,739

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,283,739
Total Expenses per Audited Statements$1,283,739
Total Expenses per Form 990$1,283,739
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
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$10,809
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
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 by the finance committee. Then the form is approved for submission.”

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

“Board members sign "conflict of interest" disclosure forms annually.”

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

“The personnel committee reviews past performance and comparability data before determining the ceo's compensation package. Decisions are documented in the committee meeting minutes and the supporting detail information is kept in the employee's personnel file.”

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

“The personnel committee reviews past performance and comparability data before determining any key employee's compensation package. Decisions are documented in the committee meeting minutes and the supporting detail information is kept in the employee's personnel file.”

Form 990, Page 6, Part VI, Line 19

“AVAILABLE UPON REQUEST.”

Filing and Contact Details

Filer

Filer Name
Michigan Tech Enterprise
EIN
30-0109013
Phone
9064877000
Address
600 E LAKESHORE DRIVE BOX 1, HOUGHTON, MI 49931

Signing Officer

Name
Eric Waara
Title
Chair
Phone
9064877000
Signed
2021-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Eric Waara
Formed
2002
Legal Domicile
Mi
Voting Board Members
12
Independent Board Members
12
Employees
8

Preparer

Firm
Rukkila Negro and Associates Cpas Pc
Address
310 SHELDEN AVENUE, HOUGHTON, MI 49931-1964
Preparer
Peter a Negro
Phone
9064826601
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“Volunteers consist of board members who provide various business expertise to the organization.”

Form 990, Part IX, Line 11G

“Business consulting 0 118,957 0 human resource contract 0 27,350 0 keda membership 0 6,000 0 total 0 152,307 0”

Raw XML AppendixShowing 400 of 476 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.

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IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt063119
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt019155
IRS990/OtherEmployeeBenefitsGrp/TotalAmt082274
IRS990/OtherExpensesGrp/Desc0EQUIPMENT REPAIR & MAINT
IRS990/OtherExpensesGrp/Desc1PROGRAM SERVICES
IRS990/OtherExpensesGrp/Desc2MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt067165
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt115725
IRS990/OtherExpensesGrp/ProgramServicesAmt026023
IRS990/OtherExpensesGrp/TotalAmt067165
IRS990/OtherExpensesGrp/TotalAmt126023
IRS990/OtherExpensesGrp/TotalAmt215725
IRS990/OtherLiabilitiesGrp/BOYAmt011098
IRS990/OtherLiabilitiesGrp/EOYAmt010809
IRS990/OtherRevenueMiscGrp/Desc0OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt08555
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt08555
IRS990/OtherRevenueTotalAmt08555
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0299147
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt067922
IRS990/OtherSalariesAndWagesGrp/TotalAmt0367069
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt097339
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt086925
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt037433
IRS990/PayrollTaxesGrp/TotalAmt037433
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt031068
IRS990/PensionPlanContributionsGrp/TotalAmt031068
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0233334
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0216067
IRS990/PrincipalOfficerNm0ERIC WAARA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0532000
IRS990/ProgramServiceRevenueGrp/BusinessCd1561000
IRS990/ProgramServiceRevenueGrp/BusinessCd2522291
IRS990/ProgramServiceRevenueGrp/BusinessCd3611430
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/Desc1OFFICE SERVICES
IRS990/ProgramServiceRevenueGrp/Desc2REVOLVING LOAN INTEREST EARNE
IRS990/ProgramServiceRevenueGrp/Desc3OTHER
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0131790
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt16081
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24194
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt31115
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0131790
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt16081
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24194
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt31115
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01143141
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt033338
IRS990/PYOtherExpensesAmt0636447
IRS990/PYOtherRevenueAmt07509
IRS990/PYProgramServiceRevenueAmt0190205
IRS990/PYRevenuesLessExpensesAmt057435
IRS990/PYSalariesCompEmpBnftPaidAmt0680311
IRS990/PYTotalExpensesAmt01316758
IRS990/PYTotalRevenueAmt01374193
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt072760
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0143180
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REFUNDS, REIMBURSEMENTS, MISC 37,559
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01170181
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01143141
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0977012
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt01151986
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt01117450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05559770
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt034583
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt033338
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt031070
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt024540
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt020268
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0143799
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0943086
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08555
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt07509
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt011156
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt09570
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt0769
IRS990ScheduleA/OtherIncome170Grp/TotalAmt037559
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.96840
IRS990ScheduleA/PublicSupportPY170Pct00.97620
IRS990ScheduleA/PublicSupportTotal170Amt05559770
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01170181
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01143141
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0977012
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt01151986
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt01117450
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt05559770
IRS990ScheduleA/TotalSupportAmt05741128
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/EquipmentGrp/BookValueAmt011651
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0163532
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0175183
IRS990ScheduleD/ExpensesSubtotalAmt01283739
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-38035
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt010809
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueNotReportedAmt0-38035
IRS990ScheduleD/RevenueSubtotalAmt01356499
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011651
IRS990ScheduleD/TotalExpensesPerForm990Amt01283739
IRS990ScheduleD/TotalLiabilityAmt010809
IRS990ScheduleD/TotalRevenuePerForm990Amt01356499
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01318464
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01283739
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0142616
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt011840
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt032712
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0DAN JAMISON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CHIEF EXECUTIVE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0187168
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0VOLUNTEERS CONSIST OF BOARD MEMBERS WHO PROVIDE VARIOUS BUSINESS EXPERTISE TO THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE. THEN THE FORM IS APPROVED FOR SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD MEMBERS SIGN "CONFLICT OF INTEREST" DISCLOSURE FORMS ANNUALLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE PERSONNEL COMMITTEE REVIEWS PAST PERFORMANCE AND COMPARABILITY DATA BEFORE DETERMINING THE CEO'S COMPENSATION PACKAGE. DECISIONS ARE DOCUMENTED IN THE COMMITTEE MEETING MINUTES AND THE SUPPORTING DETAIL INFORMATION IS KEPT IN THE EMPLOYEE'S PERSONNEL FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PERSONNEL COMMITTEE REVIEWS PAST PERFORMANCE AND COMPARABILITY DATA BEFORE DETERMINING ANY KEY EMPLOYEE'S COMPENSATION PACKAGE. DECISIONS ARE DOCUMENTED IN THE COMMITTEE MEETING MINUTES AND THE SUPPORTING DETAIL INFORMATION IS KEPT IN THE EMPLOYEE'S PERSONNEL FILE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6BUSINESS CONSULTING 0 118,957 0 HUMAN RESOURCE CONTRACT 0 27,350 0 KEDA MEMBERSHIP 0 6,000 0 TOTAL 0 152,307 0
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 1, PART I, LINE 6
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 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART IX, LINE 11G
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,306,565
Liabilities
$502,637
Net assets
$1,803,928
Revenue
$1,356,499
Expenses
$1,283,739
Net income
$72,760
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.91$1.90$4.01$2.15$1.43$0.72
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.49$0.37$3.12$1.72$1.31$0.41
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.99$0.42$2.58$1.54$1.24$0.30
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.19$0.42$2.77$1.49$1.07$0.42
2020Detailed filing. Detailed filing data is available for this year.$2.31$0.50$1.80$1.36$1.28$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.21$0.44$1.77$1.37$1.32$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.17$0.49$1.68$1.25$1.23$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.15$0.55$1.60$1.39$1.43$0.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.07$0.51$1.55$1.32$1.16$0.16
2015Detailed filing. Detailed filing data is available for this year.$1.91$0.50$1.41$1.50$1.48$0.02
2014Detailed filing. Detailed filing data is available for this year.$2.03$0.64$1.39$1.73$1.83$0.09
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.05$0.67$1.39$1.40
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.76$0.58$1.18$0.82