Civic Intelligence

Dayton-Miami Valley Entrepreneurs Center

990 • Fiscal year 2014 • EIN 31-1584047

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 24, 2014

714 Monument Avenue45402

(937) 281-0098

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$1,182,577

Up $260,940 (+28%) from 2013

Net Assets

Up

$881,471

Up $55,422 (+6.7%) from 2013

Liabilities

Up

$301,106

Up $205,518 (+215%) from 2013

Revenue And Expenses

Revenue

$809,535

No earlier filing loaded for comparison.

Expenses

Up

$754,113

Up $24,788 (+3.4%) from 2013

Net Income

$55,422

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $886,672Liabilities 2011: $77,589Net Assets 2011: $809,0832011Assets 2012: $888,424Liabilities 2012: $81,474Net Assets 2012: $806,9502012Assets 2013: $921,637Liabilities 2013: $95,588Net Assets 2013: $826,0492013Assets 2014: $1,182,577Liabilities 2014: $301,106Net Assets 2014: $881,4712014Assets 2015: $824,199Liabilities 2015: $132,434Net Assets 2015: $691,7652015Assets 2016: $846,189Liabilities 2016: $213,321Net Assets 2016: $632,8682016Assets 2017: $1,059,436Liabilities 2017: $418,121Net Assets 2017: $641,3152017Assets 2018: $1,183,489Liabilities 2018: $572,343Net Assets 2018: $611,1462018Assets 2019: $1,478,013Liabilities 2019: $958,902Net Assets 2019: $519,1112019Assets 2020: $1,962,815Liabilities 2020: $1,466,102Net Assets 2020: $496,7132020Assets 2021: $1,732,141Liabilities 2021: $980,173Net Assets 2021: $751,9682021Assets 2024: $4,265,026Liabilities 2024: $3,291,757Net Assets 2024: $973,2692024

Highlighted filing

2014

Assets$1,182,577
Liabilities$301,106
Net Assets$881,471

Operations Trend

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

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2011: $684,8222011Expenses 2012: $706,8432012Expenses 2013: $729,3252013Revenue 2014: $809,535Expenses 2014: $754,113Net Income 2014: $55,4222014Revenue 2015: $895,519Expenses 2015: $867,798Net Income 2015: $27,7212015Revenue 2016: $1,291,814Expenses 2016: $1,350,711Net Income 2016: -$58,8972016Revenue 2017: $1,972,489Expenses 2017: $1,964,042Net Income 2017: $8,4472017Revenue 2018: $3,318,389Expenses 2018: $3,348,558Net Income 2018: -$30,1692018Revenue 2019: $3,968,740Expenses 2019: $4,140,458Net Income 2019: -$171,7182019Revenue 2020: $5,248,650Expenses 2020: $5,271,048Net Income 2020: -$22,3982020Revenue 2021: $5,542,266Expenses 2021: $5,287,011Net Income 2021: $255,2552021Revenue 2024: $7,717,520Expenses 2024: $7,545,986Net Income 2024: $171,5342024

Highlighted filing

2014

Revenue$809,535
Expenses$754,113
Net Income$55,422
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 24, 2014
Return Version
2013v3.0
Gross Receipts
$921,005
Mission and Program Overview

Mission

The center will use its resources for information sharing and member assistance to incubate new technology-based entrepreneurs who are trying to establish a presence in the marketplace. The center will research, identify, teach and disseminate the critical skills values that enable entrepreneurs to succeed. The center will foster economic development and maintain a network of other successful technology-based entrepreneurs for self-help and peer support in the nine county region. The center will encourage others to support entrepreneurship.

To be a catalyst for stimulating entrepreneurial leadership from all sectors of the regional community & incubate new technology based businesses.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$397,803$558,562▲ $160,759
Land, Buildings, and Equipment, Net$399,252$374,484▼ $24,768
Pledges and Grants Receivable$122,249$247,198▲ $124,949
Total Assets$921,637$1,182,577▲ $260,940
Other Assets Total$2,333$2,333→ $0
Liabilities
Deferred Revenue-$200,000-
Accounts Payable and Accrued Expenses$47,777$53,470▲ $5,693
Other Liabilities$47,811$47,636▼ $175
Total Liabilities$95,588$301,106▲ $205,518
Net Assets / Fund Balance
Unrestricted Net Assets$826,049$881,471▲ $55,422
Total Net Assets Fund Balance$826,049$881,471▲ $55,422
Total Liabilities and Net Assets / Fund Balance$921,637$1,182,577▲ $260,940

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$222,179$151,795$373,974
Equipment$130,876$204,370$335,246
Other Land Buildings$21,429$19,695$41,124
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Barbara HaydePresidentFT$129,453$129,453
Revenue and Support

Revenue Composition

Contributions and Grants
$590,354
Program Service Revenue
$57,426
Investment Income
$862
Other Revenue
$160,893
Change in Net Assets
$55,422

Audited Revenue Reconciliation

Revenue per Audited Statements
$809,535
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$126,470
Total Revenue per Audited Statements
$936,005
Total Revenue per Form 990
$809,535
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$426,283
Other Expenses$327,830
Total Fundraising Expense$38,473
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$140,890$65,026$10,837$216,753
Current Officers, Directors, Trustees, and Key Employees$84,416$38,962$6,494$129,872
Fees for Services Other-$78,479-$78,479
Occupancy$13,944$25,744$4,291$43,979
Payroll Taxes$23,873$11,018$1,836$36,727
Depreciation Depletion$18,522$8,549$1,425$28,496
Other Expenses$16,654$7,686$1,281$25,621
Other Employee Benefits$15,265$7,045$1,174$23,484
Pension Plan Contributions$12,640$5,834$973$19,447
All Other Expenses$5,411$11,997$930$18,338
Insurance$7,426$3,427$571$11,424
Fees for Services Accounting-$7,500-$7,500
Travel$2,533$1,169$195$3,897
Office Expenses-$3,733-$3,733
Advertising$1,735$801$133$2,669
Total Functional Expenses$388,676$326,964$38,473$754,113

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$880,583
Expenses per Audited Statements$754,113
Total Expenses per Form 990$754,113
Expenses Not Reported on Form 990$126,470
Expenses Not Reported on Financial Statements$0
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
Security Deposits$47,636
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
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, Part VI, Section B, Line 11

A copy of form 990 is provided to the organization's governing body prior to filing. Form 990 is reviewed by the president and board treasurer prior to filing.

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

Annually each board member is asked to sign the conflict of interest policy; all are required and the process is closely monitored.

Form 990, Part VI, Section B, Line 15

Three members of the executive committee (chair, treasurer, and immediate past president) review the written performance review criteria and make decisions regarding the compensation of the president. If the outcome is a change in compensation, the board chair informs the president, initiates and signs all necessary paperwork. The board chair then negotiates the upcoming year's performance criteria with the president. The same procedure is used by the president to evaluate the other staff members.

Form 990, Part VI, Section C, Line 19

Governing documents, policies, and financial statements are made available upon request.

Filing and Contact Details

Filer

EIN
31-1584047
Phone
9372810098

Signing Officer

Name
Barbara Hayde
Title
President
Phone
9372810098
Signed
2014-11-24
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barbara Hayde
Formed
1997
Legal Domicile
Oh
Voting Board Members
18
Independent Board Members
18
Employees
5
Volunteers
100

Preparer

Preparer
Charles Craft
Phone
9372993400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other: program service expenses 0. Management and general expenses 78,479. Fundraising expenses 0. Total expenses 78,479.

Form 990, Part XII, Line 2C

These processes have not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The center determines the recognition of uncertain tax positions, if applicable, that may subject the center to unrelated business income tax necessary by applying a more-likely-than-not recognition threshold and determines the measurement of uncertain tax positions considering the amounts and probabilities of the outcomes that could be realized upon ultimate settlement with tax authorities. The center does not have any uncertain tax positions at june 30, 2014 and 2013. The center believes it is no longer subject to income tax examinations for the tax years prior to 2011.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

Rent expenses reclassified on form 990 111,470.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

Rent expenses reclassified on form 990 111,470.

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IRS990/LandBldgEquipBasisNetGrp/EOYAmt0374484
IRS990/LandBldgEquipCostOrOtherBssAmt0750344
IRS990/LegalDomicileStateCd0OH
IRS990/LessRentalExpensesGrp/RealAmt0111470
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE CENTER WILL USE ITS RESOURCES FOR INFORMATION SHARING AND MEMBER ASSISTANCE TO INCUBATE NEW TECHNOLOGY-BASED ENTREPRENEURS WHO ARE TRYING TO ESTABLISH A PRESENCE IN THE MARKETPLACE. THE CENTER WILL RESEARCH, IDENTIFY, TEACH AND DISSEMINATE THE CRITICAL SKILLS AND VALUES THAT ENABLE ENTREPRENEURS TO SUCCEED. THE CENTER WILL FOSTER ECONCOMIC DEVELOPMENT AND MAINTAIN A NETWORK OF OTHER SUCCESSFUL TECHNOLOGY-BASED ENTREPRENEURS FOR SELF-HELP AND PEER SUPPORT IN THE NINE COUNTY REGION. THE CENTER WILL ENCOURAGE OTHERS TO SUPPORT ENTREPRENEURSHIP.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0826049
IRS990/NetAssetsOrFundBalancesEOYAmt0881471
IRS990/NetRentalIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt0146612
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0146612
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt04291
IRS990/OccupancyGrp/ManagementAndGeneralAmt025744
IRS990/OccupancyGrp/ProgramServicesAmt013944
IRS990/OccupancyGrp/TotalAmt043979
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03733
IRS990/OfficeExpensesGrp/TotalAmt03733
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02333
IRS990/OtherAssetsTotalGrp/EOYAmt02333
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01174
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt07045
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt015265
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023484
IRS990/OtherExpensesGrp/Desc0REAL ESTATE TAXES
IRS990/OtherExpensesGrp/Desc1SUPPLIES
IRS990/OtherExpensesGrp/Desc2UTILITIES
IRS990/OtherExpensesGrp/Desc3REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/FundraisingAmt03710
IRS990/OtherExpensesGrp/FundraisingAmt11875
IRS990/OtherExpensesGrp/FundraisingAmt22748
IRS990/OtherExpensesGrp/FundraisingAmt31281
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt022258
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt111250
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt216486
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt37686
IRS990/OtherExpensesGrp/ProgramServicesAmt012056
IRS990/OtherExpensesGrp/ProgramServicesAmt124381
IRS990/OtherExpensesGrp/ProgramServicesAmt28930
IRS990/OtherExpensesGrp/ProgramServicesAmt316654
IRS990/OtherExpensesGrp/TotalAmt038024
IRS990/OtherExpensesGrp/TotalAmt137506
IRS990/OtherExpensesGrp/TotalAmt228164
IRS990/OtherExpensesGrp/TotalAmt325621
IRS990/OtherLiabilitiesGrp/BOYAmt047811
IRS990/OtherLiabilitiesGrp/EOYAmt047636
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSED EXPENSES
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt013088
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11193
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt013088
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11193
IRS990/OtherRevenueTotalAmt014281
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt010837
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt065026
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0140890
IRS990/OtherSalariesAndWagesGrp/TotalAmt0216753
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01836
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011018
IRS990/PayrollTaxesGrp/ProgramServicesAmt023873
IRS990/PayrollTaxesGrp/TotalAmt036727
IRS990/PensionPlanContributionsGrp/FundraisingAmt0973
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt05834
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt012640
IRS990/PensionPlanContributionsGrp/TotalAmt019447
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0122249
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0247198
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0BARBARA HAYDE
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0TECHNOLOGY INCOME
IRS990/ProgramServiceRevenueGrp/Desc1PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc2AFFILIATE PROGRAM
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt044986
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt17940
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt24500
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt044986
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt17940
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt24500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0551142
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0795
IRS990/PYOtherExpensesAmt0303859
IRS990/PYOtherRevenueAmt0145396
IRS990/PYProgramServiceRevenueAmt051091
IRS990/PYRevenuesLessExpensesAmt019099
IRS990/PYSalariesCompEmpBnftPaidAmt0425466
IRS990/PYTotalExpensesAmt0729325
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0748424
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt055422
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0146612
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0204038
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0397803
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0558562
IRS990ScheduleA/Form990ScheduleAPartIVGrp/ExplanationTxt0REIMBURSED EXPENSES - 2009 AMOUNT: $ 16,472. 2010 AMOUNT: $ 10,435. 2011 AMOUNT: $ 10,290. 2012 AMOUNT: $ 13,063. 2013 AMOUNT: $ 13,088. MISCELLANEOUS - 2009 AMOUNT: $ 9,228. 2010 AMOUNT: $ 150. 2011 AMOUNT: $ 1,385. 2012 AMOUNT: $ 6,592. 2013 AMOUNT: $ 1,193.
IRS990ScheduleA/Form990ScheduleAPartIVGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0590354
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0551142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0527321
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0493675
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0515382
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02677874
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0258944
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0237238
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0215233
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0206617
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt02482
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0920514
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0505981
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt014281
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt019655
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt011675
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt010585
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt025700
IRS990ScheduleA/OtherIncome170Grp/TotalAmt081896
IRS990ScheduleA/PublicOrganization170Ind0X

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.27$3.29$0.97$7.72$7.55$0.17
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.73$0.98$0.75$5.54$5.29$0.26
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.96$1.47$0.50$5.25$5.27$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.48$0.96$0.52$3.97$4.14$0.17
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.18$0.57$0.61$3.32$3.35$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.06$0.42$0.64$1.97$1.96$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.85$0.21$0.63$1.29$1.35$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.82$0.13$0.69$0.90$0.87$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.18$0.30$0.88$0.81$0.75$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.10$0.83$0.73
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.08$0.81$0.71
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.08$0.81$0.68