Civic Intelligence

Community Preservation & Stewardship Corporation

990 • Fiscal year 2020 • EIN 37-1622532

Jan 01, 2020 to Dec 31, 2020 • Filed on Nov 12, 2021

10319 Westlake Drive Box 467Bethesda, MD 20817

(646) 863-6820

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

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

Liabilities / Revenue

15th percentile

0.00x

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

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

Net Margin

88th percentile

44%

Higher net margin than 88% of similar nonprofits.

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

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

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

Asset Growth

52nd percentile

6.8%

Faster asset growth than 52% of similar nonprofits.

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

Revenue Growth

93rd percentile

113%

Faster revenue growth than 93% of similar nonprofits.

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

Assets

Up

$1,684,838

Up $107,151 (+6.8%) from 2019

Net Assets

Up

$1,684,838

Up $107,151 (+6.8%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$242,865

Up $128,872 (+113%) from 2019

Expenses

Down

$135,714

Down $198,829 (-59%) from 2019

Net Income

Up

$107,151

Up $327,701 (+149%) from 2019

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 2014: $82,532Liabilities 2014: $10,000Net Assets 2014: $72,5322014Assets 2015: $1,421,338Liabilities 2015: $10,000Net Assets 2015: $1,411,3382015Assets 2016: $2,407,582Liabilities 2016: $0Net Assets 2016: $2,407,5822016Assets 2017: $234,625Liabilities 2017: $180Net Assets 2017: $234,4452017Assets 2018: $1,425,204Liabilities 2018: $593Net Assets 2018: $1,424,6112018Assets 2019: $1,577,687Liabilities 2019: $0Net Assets 2019: $1,577,6872019Assets 2020: $1,684,838Liabilities 2020: $0Net Assets 2020: $1,684,8382020Assets 2021: $1,236,911Liabilities 2021: $0Net Assets 2021: $1,236,9112021Assets 2022: $1,233,611Liabilities 2022: $0Net Assets 2022: $1,233,6112022Assets 2023: $1,338,375Liabilities 2023: $0Net Assets 2023: $1,338,3752023Assets 2024: $1,403,436Liabilities 2024: $0Net Assets 2024: $1,403,4362024

Highlighted filing

2020

Assets$1,684,838
Liabilities$0
Net Assets$1,684,838

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2014: $157,811Expenses 2014: $112,088Net Income 2014: $45,7232014Revenue 2015: $1,385,064Expenses 2015: $46,257Net Income 2015: $1,338,8072015Revenue 2016: $1,094,719Expenses 2016: $98,474Net Income 2016: $996,2452016Revenue 2017: $122,332Expenses 2017: $98,650Net Income 2017: $23,6822017Revenue 2018: $682,147Expenses 2018: $137,425Net Income 2018: $544,7222018Revenue 2019: $113,993Expenses 2019: $334,543Net Income 2019: -$220,5502019Revenue 2020: $242,865Expenses 2020: $135,714Net Income 2020: $107,1512020Revenue 2021: -$48,586Expenses 2021: $76,172Net Income 2021: -$124,7582021Revenue 2022: $59,372Expenses 2022: $62,672Net Income 2022: -$3,3002022Revenue 2023: $174,571Expenses 2023: $69,807Net Income 2023: $104,7642023Revenue 2024: $112,562Expenses 2024: $47,501Net Income 2024: $65,0612024

Highlighted filing

2020

Revenue$242,865
Expenses$135,714
Net Income$107,151
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Nov 12, 2021
Return Version
2020v4.1
Gross Receipts
$242,865
Mission and Program Overview

Mission

The david reznick foundation engages community leaders and builds partnerships in communities to design solutions for long-term stability and growth. Through these partnerships, we bring together resources to preserve and enhance quality, affordable housing, assist students in financial need, and continue community and economic incentives that were promoted by government programs.

Promote community revitalization, historic tax credits and college scholarships for students in financial need

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$747,894$747,894→ $0
Investments Other Securities$716,121$716,121→ $0
Cash and Non-Interest-Bearing Accounts$113,672$220,823▲ $107,151
Total Assets$1,577,687$1,684,838▲ $107,151
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,577,687$1,684,838▲ $107,151
Total Net Assets Fund Balance$1,577,687$1,684,838▲ $107,151
Total Liabilities and Net Assets / Fund Balance$1,577,687$1,684,838▲ $107,151

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$1--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sharon Dworkin BellPresident
Alan CohenVice-president
Michael BodakenVice-president
Bill MachenDirector
Ira WeinsteinDirector
Jerry BreedDirector
Laura ZanerDirector
Russ PhilipsDirector
Sheila TurnerDirector
Anne SchrantzSecretary
Glenn HoppsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,185
Program Service Revenue
$149,001
Investment Income
$83,679
Other Revenue
$0
All Other Contributions
$10,185
Change in Net Assets
$107,151
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$63,147
Other Expenses$46,733
Grants and Similar Amounts Paid$25,834
Total Fundraising Expense$9,199
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$40,686$11,625$5,812$58,123
Occupancy-$29,812-$29,812
Grants to Domestic Orgs$25,834--$25,834
Payroll Taxes$3,517$1,005$502$5,024
Insurance-$4,758-$4,758
Information Technology-$3,580-$3,580
Fees for Services Accounting--$2,770$2,770
Fees for Services Legal$700--$700
Other Expenses$805$130$115$130
Office Expenses-$53-$53
Travel-$52-$52
All Other Expenses-$30-$30
Total Functional Expenses$75,092$51,423$9,199$135,714
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
University of MarylandBaltimore, MD501(c)3Student Scholarships$5,000
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
Annual disclosure for covered persons
Yes
Backup withholding compliance
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
Yes
Compensation from other sources disclosed
No
CEO compensation reviewed
No
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, Part VI, Section A, Line 4

On august 12, 2020 the bylaws were amended to add the position of vice president as one of the officers of the board, and to grant the board ability to create an executive committee.

Form 990, Part VI, Section B, Line 11B

A copy of the 990 is circulate to all board members to review and approve the report before filing.

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

Conflicts of interests are regularly reviewed during board meetings to ensure compliance with the written policy.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Filing and Contact Details

Filer

Filer Name
Community Preservation & Stewardship
EIN
37-1622532
Phone
6468636820
Address
10319 WESTLAKE DRIVE BOX 467, BETHESDA, MD 20817
Doing Business As
David Reznick Foundation

Signing Officer

Name
Glenn Hopps
Title
Treasurer
Phone
6468636820
Signed
2021-11-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Glenn Hopps
Formed
2010
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
7501 WISCONSIN AVENUE SUITE 400E, BETHESDA, MD 20814
Preparer
Anne Schrantz
Phone
3016529100
Raw XML AppendixShowing 400 of 466 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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IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt055079
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt090741
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0212117
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt083679
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt022972
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt039101
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0896
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0146648
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0149001
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt057180
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0651294
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt077557
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt048246
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0983278
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt083679
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt022972
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt039101
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0896
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0146648
IRS990ScheduleA/InvestmentIncomeCYPct00.10930
IRS990ScheduleA/InvestmentIncomePYPct00.05700
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.89070
IRS990ScheduleA/PublicSupportPY509Pct00.94300
IRS990ScheduleA/PublicSupportTotal509Amt01195395
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0159186
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt091021
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0673565
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0132636
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0138987
IRS990ScheduleA/Total509Grp/TotalAmt01195395
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0242865
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0113993
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0712666
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0132636
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0139883
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01342043
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt068851
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1647269
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt21
IRS990ScheduleD/OtherSecuritiesGrp/Desc0INVESTMENT IN RAILWAY CPSC, LLC
IRS990ScheduleD/OtherSecuritiesGrp/Desc1INVESTMENT IN DR BANK PROPERTIES
IRS990ScheduleD/OtherSecuritiesGrp/Desc2INVESTMENT IN MVM FINANCIAL LLC
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0716121
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt05000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)3
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0STUDENT SCHOLARSHIPS
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0UNIVERSITY OF MARYLAND
IRS990ScheduleI/RecipientTable/RecipientEIN0526002033
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0PO BOX 49013
IRS990ScheduleI/RecipientTable/USAddress/CityNm0BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MD
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd0212974913
IRS990ScheduleI/TotalOtherOrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ON AUGUST 12, 2020 THE BYLAWS WERE AMENDED TO ADD THE POSITION OF VICE PRESIDENT AS ONE OF THE OFFICERS OF THE BOARD, AND TO GRANT THE BOARD ABILITY TO CREATE AN EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A COPY OF THE 990 IS CIRCULATE TO ALL BOARD MEMBERS TO REVIEW AND APPROVE THE REPORT BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CONFLICTS OF INTERESTS ARE REGULARLY REVIEWED DURING BOARD MEETINGS TO ENSURE COMPLIANCE WITH THE WRITTEN POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0COMMUNITY PRESERVATION & STEWARDSHIP CORPORATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt1COMMUNITY PRESERVATION & STEWARDSHIP CORPORATION
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0DRBP MANAGING MEMBER LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt1DR BANK PROPERTIES LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0475118880
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN1300887567
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0INVESTMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt1INVESTMENT
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt011325 SEVEN LOCKS RD STE 280
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt111325 SEVEN LOCKS RD STE 280
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0POTOMAC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm1POTOMAC
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd1MD
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd020854
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd120854
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01577687
IRS990/TotalAssetsEOYAmt01684838
IRS990/TotalAssetsGrp/BOYAmt01577687
IRS990/TotalAssetsGrp/EOYAmt01684838
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt010185
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt09199
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt051423
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt075092
IRS990/TotalFunctionalExpensesGrp/TotalAmt0135714
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00

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