Civic Intelligence

Council for Electronic Revenue Communication Advancement

990 • Fiscal year 2016 • EIN 36-3965646

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 11, 2016

600 Cameron Street No 309Alexandria, VA 22314

(703) 340-1654

Siviq Scores

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

Liabilities / Assets

91st percentile

0.65x

Higher debt load relative to assets than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

91st percentile

0.43x

Higher debt load relative to revenue than 91% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

70th percentile

14%

Higher net margin than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

99th percentile

$205,000

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 58.6% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

89th percentile

80%

Faster asset growth than 89% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

70th percentile

17%

Faster revenue growth than 70% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Up

$228,801

Up $101,463 (+80%) from 2015

Net Assets

Up

$79,804

Up $49,213 (+161%) from 2015

Liabilities

Up

$148,997

Up $52,250 (+54%) from 2015

Revenue

Up

$350,025

Up $50,439 (+17%) from 2015

Expenses

Up

$300,812

Up $8,517 (+2.9%) from 2015

Net Income

Up

$49,213

Up $41,922 (+575%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2014: $118,160Liabilities 2014: $94,860Net Assets 2014: $23,3002014Assets 2015: $127,338Liabilities 2015: $96,747Net Assets 2015: $30,5912015Assets 2016: $228,801Liabilities 2016: $148,997Net Assets 2016: $79,8042016Assets 2017: $235,437Liabilities 2017: $142,755Net Assets 2017: $92,6822017Assets 2020: $256,068Liabilities 2020: $103,846Net Assets 2020: $152,2222020Assets 2021: $325,151Liabilities 2021: $108,581Net Assets 2021: $216,5702021Assets 2022: $354,055Liabilities 2022: $104,173Net Assets 2022: $249,8822022Assets 2023: $306,816Liabilities 2023: $97,896Net Assets 2023: $208,9202023Assets 2025: $244,091Liabilities 2025: $152,486Net Assets 2025: $91,6052025

Highlighted filing

2016

Assets$228,801
Liabilities$148,997
Net Assets$79,804

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2014: $257,457Expenses 2014: $276,358Net Income 2014: -$18,9012014Revenue 2015: $299,586Expenses 2015: $292,295Net Income 2015: $7,2912015Revenue 2016: $350,025Expenses 2016: $300,812Net Income 2016: $49,2132016Revenue 2017: $358,959Expenses 2017: $346,081Net Income 2017: $12,8782017Revenue 2020: $370,765Expenses 2020: $433,281Net Income 2020: -$62,5162020Revenue 2021: $405,406Expenses 2021: $341,058Net Income 2021: $64,3482021Revenue 2022: $473,367Expenses 2022: $440,055Net Income 2022: $33,3122022Revenue 2023: $550,638Expenses 2023: $591,600Net Income 2023: -$40,9622023Revenue 2025: $642,917Expenses 2025: $646,570Net Income 2025: -$3,6532025

Highlighted filing

2016

Revenue$350,025
Expenses$300,812
Net Income$49,213
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 11, 2016
Return Version
2015v2.1
Gross Receipts
$350,025
Mission and Program Overview

Mission

The organization was organized to lead the movement to expand acceptance of electronic filing and electronic revenue communication for the benefit of the general public.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$120,668$197,861▲ $77,193
Accounts Receivable$6,670$30,940▲ $24,270
Intangible Assets-$0-
Total Assets$127,338$228,801▲ $101,463
Liabilities
Deferred Revenue$96,747$123,311▲ $26,564
Accounts Payable and Accrued Expenses-$25,686-
Total Liabilities$96,747$148,997▲ $52,250
Net Assets / Fund Balance
Unrestricted Net Assets$30,591$79,804▲ $49,213
Total Net Assets Fund Balance$30,591$79,804▲ $49,213
Total Liabilities and Net Assets / Fund Balance$127,338$228,801▲ $101,463
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cavanagh Associates for MichaelExecutive DirectorFT$180,000$25,000$205,000

Board Members and Trustees

NameTitle
John SappChairman
Joe SicaVice Chair
Daniel EubanksDirector
Geno SaloDirector
Jermaine ShearinDirector
Mark CastroDirector
Michele GeraciDirector
Mike PiperDirector
Rob GettemyDirector
Shannon BondDirector
Timur TaluyDirector
Kathy PickeringSecretary
Bernie MckayTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Cavanagh Associates INCManagement Services600 CAMERON STREET SUITE 309, Alexandria, VA 22314$205,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$349,994
Investment Income
$11
Other Revenue
$20
Change in Net Assets
$49,213
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$300,812
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
Fees for Services Management$184,500$20,500-$205,000
Conferences and Meetings$73,463--$73,463
Fees for Services Accounting$5,130$570-$5,700
Information Technology$3,240$360-$3,600
Insurance$3,104$345-$3,449
Travel$2,929$325-$3,254
Other Expenses$21$193-$214
Total Functional Expenses$277,506$23,307$0$300,812
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
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The council contracted with the cavanagh associates, inc. To manage the organization on a day-to-day basis.

Form 990, Part VI, Section A, Line 6

The council maintains a membership base in which each member is entitled to one vote for selection of the board of directors.

Form 990, Part VI, Section B, Line 11

A copy of the form 990 is provided to the board for review before it was filed.

Form 990, Part VI, Section B, Line 15A

The executive director (assn. Management firm) evaluation is conducted solely by the board of directors. Comparability is discussed. Discussion and decision every year is understood to be a central responsibility of the board.

Form 990, Part VI, Section C, Line 19

The council's governing documents and financial statements are available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Council for Electronic Revenue
EIN
36-3965646
Phone
7033401654
Address
600 CAMERON STREET NO 309, ALEXANDRIA, VA 22314

Signing Officer

Name
Michael F Cavanagh
Title
Executive Officer
Phone
7033401654
Signed
2016-11-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Sapp
Formed
1994
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
13
Employees
0
Volunteers
13

Preparer

Firm
Renner and Company CPA Pc
Address
700 NORTH FAIRFAX ST SUITE 400, ALEXANDRIA, VA 22314
Preparer
Andrew E Young CPA
Phone
7035351200
Supplemental Narrative

Additional Explanations

Form 990 Part XII Line 2C

The board of director assumes the responsibility of reviewing the financial statements and selecting the independent accountants, no change in procedure was made during the fiscal year.

Financial Statement Notes

PART X, LINE 2:

No taxable activities were conducted during the year ended june 30, 2016. Accordingly, no provision for income taxes has been included in the financial statements. The council's federal exempt organization business income tax returns for 2015, 2014 and 2013 are subject to examination by the internal revenue service (irs), generally for three years after they are filed.

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IRS990/PYSalariesCompEmpBnftPaidAmt00
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IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0299586
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt049213
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
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IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0350014
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt072750
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt07250
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt021500
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt014125
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt0400
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0116025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0173701
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0157673
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0133308
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0136550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt088446
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0689678
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt011
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt08
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt09
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt010
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt016
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt054
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0176293
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0141905
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0124140
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0133886
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0132820
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0709044
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt011
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IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0270446
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0221282
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01398796
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO TAXABLE ACTIVITIES WERE CONDUCTED DURING THE YEAR ENDED JUNE 30, 2016. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS. THE COUNCIL'S FEDERAL EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURNS FOR 2015, 2014 AND 2013 ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), GENERALLY FOR THREE YEARS AFTER THEY ARE FILED.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
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IRS990ScheduleJ/EquityBasedCompArrngmInd00
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CAVANAGH ASSOCIATES FOR MICHAEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
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IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE COUNCIL CONTRACTED WITH THE CAVANAGH ASSOCIATES, INC. TO MANAGE THE ORGANIZATION ON A DAY-TO-DAY BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE COUNCIL MAINTAINS A MEMBERSHIP BASE IN WHICH EACH MEMBER IS ENTITLED TO ONE VOTE FOR SELECTION OF THE BOARD OF DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2A COPY OF THE FORM 990 IS PROVIDED TO THE BOARD FOR REVIEW BEFORE IT WAS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE EXECUTIVE DIRECTOR (ASSN. MANAGEMENT FIRM) EVALUATION IS CONDUCTED SOLELY BY THE BOARD OF DIRECTORS. COMPARABILITY IS DISCUSSED. DISCUSSION AND DECISION EVERY YEAR IS UNDERSTOOD TO BE A CENTRAL RESPONSIBILITY OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE COUNCIL'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE BOARD OF DIRECTOR ASSUMES THE RESPONSIBILITY OF REVIEWING THE FINANCIAL STATEMENTS AND SELECTING THE INDEPENDENT ACCOUNTANTS, NO CHANGE IN PROCEDURE WAS MADE DURING THE FISCAL YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990 PART XII LINE 2C
IRS990/SchoolOperatingInd00

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