Civic Intelligence

National Bond Claims Association

990 • Fiscal year 2016 • EIN 36-3754616

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 13, 2017

1600 Market StreetPhiladelphia, PA 19103

(215) 630-7367

Siviq Scores

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

Liabilities / Assets

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

46th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Net Margin

8th percentile

-33%

Higher net margin than 8% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2016 filings • 501(c)6 • <$500k nonprofits • Source year 2016

Asset Growth

37th percentile

-3.5%

Faster asset growth than 37% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

1st percentile

-91%

Faster revenue growth than 1% of similar nonprofits.

2016 filings • 501(c)6 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$178,777

Down $6,533 (-3.5%) from 2015

Net Assets

Down

$178,777

Down $6,533 (-3.5%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Down

$19,870

Down $197,537 (-91%) from 2015

Expenses

Down

$26,403

Down $176,440 (-87%) from 2015

Net Income

Down

-$6,533

Down $21,097 (-145%) from 2015

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $227,401Liabilities 2010: $0Net Assets 2010: $227,4012010Assets 2011: $269,040Liabilities 2011: $0Net Assets 2011: $269,0402011Assets 2012: $280,407Liabilities 2012: $0Net Assets 2012: $280,4072012Assets 2013: $246,339Liabilities 2013: $0Net Assets 2013: $246,3392013Assets 2014: $170,746Liabilities 2014: $0Net Assets 2014: $170,7462014Assets 2015: $185,310Liabilities 2015: $0Net Assets 2015: $185,3102015Assets 2016: $178,777Liabilities 2016: $0Net Assets 2016: $178,7772016Assets 2017: $166,403Liabilities 2017: $0Net Assets 2017: $166,4032017Assets 2018: $209,743Liabilities 2018: $0Net Assets 2018: $209,7432018Assets 2019: $194,214Liabilities 2019: $0Net Assets 2019: $194,2142019Assets 2020: $191,946Liabilities 2020: $0Net Assets 2020: $191,9462020Assets 2021: $184,329Liabilities 2021: $0Net Assets 2021: $184,3292021Assets 2022: $146,431Liabilities 2022: $0Net Assets 2022: $146,4312022Assets 2023: $137,520Liabilities 2023: $0Net Assets 2023: $137,5202023Assets 2024: $100,551Liabilities 2024: $0Net Assets 2024: $100,5512024

Highlighted filing

2016

Assets$178,777
Liabilities$0
Net Assets$178,777

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $344,3152010Expenses 2011: $164,9672011Expenses 2012: $195,5852012Revenue 2013: $205,727Expenses 2013: $239,795Net Income 2013: -$34,0682013Revenue 2014: $217,718Expenses 2014: $293,311Net Income 2014: -$75,5932014Revenue 2015: $217,407Expenses 2015: $202,843Net Income 2015: $14,5642015Revenue 2016: $19,870Expenses 2016: $26,403Net Income 2016: -$6,5332016Revenue 2017: $195,906Expenses 2017: $208,280Net Income 2017: -$12,3742017Revenue 2018: $168,743Expenses 2018: $125,403Net Income 2018: $43,3402018Revenue 2019: $188,566Expenses 2019: $204,094Net Income 2019: -$15,5282019Revenue 2020: $694Expenses 2020: $3,812Net Income 2020: -$3,1182020Revenue 2021: $179,362Expenses 2021: $186,981Net Income 2021: -$7,6192021Revenue 2022: $181,953Expenses 2022: $221,101Net Income 2022: -$39,1482022Revenue 2023: $177,950Expenses 2023: $186,860Net Income 2023: -$8,9102023Revenue 2024: $203,120Expenses 2024: $240,089Net Income 2024: -$36,9692024

Highlighted filing

2016

Revenue$19,870
Expenses$26,403
Net Income-$6,533
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 13, 2017
Return Version
2016v3.0
Gross Receipts
$19,870
Mission and Program Overview

Mission

The national bond claims association

The national bond claims association provides an annual insurance industry seminar to surety & fidelity bond claim handlers. The association has approximately 375 members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$185,310$178,777▼ $6,533
Savings and Temporary Cash Investments$158,483$96,778▼ $61,705
Prepaid Expenses and Deferred Charges$25,000$80,000▲ $55,000
Cash and Non-Interest-Bearing Accounts$1,827$1,999▲ $172
Total Assets$185,310$178,777▼ $6,533
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$185,310$178,777▼ $6,533
Total Liabilities and Net Assets / Fund Balance$185,310$178,777▼ $6,533
Compensation and Service Providers

Board Members and Trustees

NameTitle
Blake WilcoxChairman
Greg WeinsteinPresident
Bogda ClarkeBoard Member
David KotnickBoard Member
Frank LanakBoard Member
Greg DailyBoard Member
Jeffrey JuberaBoard Member
Rich TowleBoard Member
Steve DolenkampBoard Member
David StryjewskiSecretary
Joseph MairTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$19,575
Program Service Revenue
$0
Investment Income
$295
Other Revenue
$0
Change in Net Assets
$-6,533
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$26,403
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$4,126$0$0$0
Total Functional Expenses$4,126$22,277$0$26,403
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
National Bond Claims Association
EIN
36-3754616
Phone
2156307367
Address
1600 MARKET STREET, PHILADELPHIA, PA 19103

Signing Officer

Name
Joseph F Mair
Title
Treasurer
Phone
2156307367
Signed
2017-06-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph F Mair
Formed
1987
Legal Domicile
Il
Voting Board Members
8
Independent Board Members
8
Employees
0
Volunteers
13

Preparer

Firm
Cotton Reid & Hardin CPA
Address
340 E MAPLE AVE SUITE 303, LANGHORNE, PA 19047
Preparer
Thomas J Cotton CPA
Phone
2157505508
Supplemental Narrative

Additional Explanations

Pt VI, Line 8B

The organization did not cease conducting its program service. Hurricane matthew forced the cancellation of the 2016 program and all revenue was returned to prospective attendees. The program will resume in 2017.

Pt VI, Line 7A

Officers and board members are elected by the board

Pt VI, Line 11B

Draft of form 990 is forwarded to officers and board members prior to filing

Pt VI, Line 19

Governing documents and financial statements are not made available to the public but would be available to members upon request

Raw XML Appendix310 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION DID NOT CEASE CONDUCTING ITS PROGRAM SERVICE. HURRICANE MATTHEW FORCED THE CANCELLATION OF THE 2016 PROGRAM AND ALL REVENUE WAS RETURNED TO PROSPECTIVE ATTENDEES. THE PROGRAM WILL RESUME IN 2017.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OFFICERS AND BOARD MEMBERS ARE ELECTED BY THE BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DRAFT OF FORM 990 IS FORWARDED TO OFFICERS AND BOARD MEMBERS PRIOR TO FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC BUT WOULD BE AVAILABLE TO MEMBERS UPON REQUEST
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ReturnHeader/Filer/USAddress/ZIPCd019103
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId04A4EB6038E18C82602912A78F7705AB5C3C776EF
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0D5A5D59431EF9ADD373803560613D87DC3EEC0FB
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.251.53.174
ReturnHeader/FilingSecurityInformation/IPDt02017-08-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0PD
ReturnHeader/FilingSecurityInformation/IPTm008:48:12
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COTTON REID & HARDIN CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0340 E MAPLE AVE SUITE 303
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LANGHORNE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019047
ReturnHeader/PreparerPersonGrp/PhoneNum02157505508
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0THOMAS J COTTON CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-08-07T08:48:19-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.01$0.00$1.01$2.03$2.40$0.37
2023Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$1.78$1.87$0.09
2022Detailed filing. Detailed filing data is available for this year.$1.46$0.00$1.46$1.82$2.21$0.39
2021Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$1.79$1.87$0.08
2020Detailed filing. Detailed filing data is available for this year.$1.92$0.00$1.92$0.01$0.04$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.94$0.00$1.94$1.89$2.04$0.16
2018Detailed filing. Detailed filing data is available for this year.$2.10$0.00$2.10$1.69$1.25$0.43
2017Detailed filing. Detailed filing data is available for this year.$1.66$0.00$1.66$1.96$2.08$0.12
2016Detailed filing. Detailed filing data is available for this year.$1.79$0.00$1.79$0.20$0.26$0.07
2015Detailed filing. Detailed filing data is available for this year.$1.85$0.00$1.85$2.17$2.03$0.15
2014Detailed filing. Detailed filing data is available for this year.$1.71$0.00$1.71$2.18$2.93$0.76
2013Detailed filing. Detailed filing data is available for this year.$2.46$0.00$2.46$2.06$2.40$0.34
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.80$0.00$2.80$1.96
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.69$0.00$2.69$1.65
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.00$2.27$3.44