Civic Intelligence

Entrepreneurial Development Center Inc

990 • Fiscal year 2016 • EIN 42-1447565

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 10, 2017

Organization ProfileWWW.EDCINC.ORG

View Organization Page

230 SECOND STREET SE No 212Cedar Rapids, IA 52401

(319) 369-4955

Siviq Scores

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

Liabilities / Assets

41st percentile

0.04x

Higher debt load relative to assets than 41% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

31st percentile

0.01x

Higher debt load relative to revenue than 31% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Net Margin

53rd percentile

4.4%

Higher net margin than 53% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

98th percentile

$271,522

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 30.6% of source-year revenue.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2016

Asset Growth

80th percentile

20%

Faster asset growth than 80% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

61st percentile

6.6%

Faster revenue growth than 61% of similar nonprofits.

2016 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Balance Sheet
Liabilities / Assets41st percentile

Assets

Up

$265,363

Up $44,782 (+20%) from 2015

Net Assets

Up

$255,635

Up $43,725 (+21%) from 2015

Liabilities

Up

$9,728

Up $1,057 (+12%) from 2015

Revenue And Expenses
Liabilities / Revenue31st percentileNet Margin53rd percentile

Revenue

Up

$886,132

Up $55,251 (+6.6%) from 2015

Expenses

Down

$847,281

Down $100,569 (-11%) from 2015

Net Income

Up

$38,851

Up $155,820 (+133%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth80th percentile

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

$1.0M$500K$0Assets 2010: $697,390Liabilities 2010: $10,571Net Assets 2010: $686,8192010Assets 2011: $797,598Liabilities 2011: $7,889Net Assets 2011: $789,7092011Assets 2012: $675,285Liabilities 2012: $11,156Net Assets 2012: $664,1292012Assets 2013: $540,115Liabilities 2013: $11,834Net Assets 2013: $528,2812013Assets 2014: $338,367Liabilities 2014: $9,486Net Assets 2014: $328,8812014Assets 2015: $220,581Liabilities 2015: $8,671Net Assets 2015: $211,9102015Assets 2016: $265,363Liabilities 2016: $9,728Net Assets 2016: $255,6352016Assets 2017: $424,965Liabilities 2017: $18,270Net Assets 2017: $406,6952017Assets 2018: $514,649Liabilities 2018: $18,760Net Assets 2018: $495,8892018Assets 2019: $559,763Liabilities 2019: $25,375Net Assets 2019: $534,3882019Assets 2020: $676,242Liabilities 2020: $124,929Net Assets 2020: $551,3132020Assets 2021: $775,334Liabilities 2021: $215,666Net Assets 2021: $559,6682021Assets 2022: $895,558Liabilities 2022: $195,317Net Assets 2022: $700,2412022Assets 2023: $805,938Liabilities 2023: $156,116Net Assets 2023: $649,8222023Assets 2024: $840,402Liabilities 2024: $209,290Net Assets 2024: $631,1122024

Highlighted filing

2016

Assets$265,363
Liabilities$9,728
Net Assets$255,635
Open 2016 Filing

Operations Trend

Revenue Growth61st percentile

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

$1.5M$1.0M$500K$0-$500KExpenses 2010: $835,8102010Revenue 2011: $927,007Expenses 2011: $824,117Net Income 2011: $102,8902011Expenses 2012: $887,3492012Revenue 2013: $802,284Expenses 2013: $938,132Net Income 2013: -$135,8482013Revenue 2014: $778,456Expenses 2014: $977,856Net Income 2014: -$199,4002014Revenue 2015: $830,881Expenses 2015: $947,850Net Income 2015: -$116,9692015Revenue 2016: $886,132Expenses 2016: $847,281Net Income 2016: $38,8512016Revenue 2017: $938,836Expenses 2017: $858,779Net Income 2017: $80,0572017Revenue 2018: $979,679Expenses 2018: $890,485Net Income 2018: $89,1942018Revenue 2019: $1,044,696Expenses 2019: $1,006,197Net Income 2019: $38,4992019Revenue 2020: $1,059,705Expenses 2020: $1,042,780Net Income 2020: $16,9252020Revenue 2021: $1,030,832Expenses 2021: $1,022,477Net Income 2021: $8,3552021Revenue 2022: $991,681Expenses 2022: $851,108Net Income 2022: $140,5732022Revenue 2023: $854,202Expenses 2023: $904,621Net Income 2023: -$50,4192023Revenue 2024: $990,261Expenses 2024: $1,008,971Net Income 2024: -$18,7102024

Highlighted filing

2016

Revenue$886,132
Expenses$847,281
Net Income$38,851
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 10, 2017
Return Version
2016v3.0
Gross Receipts
$886,132
Mission and Program Overview

Mission

To provide economic growth in the cedar rapids/iowa city corridor and throughout the state of iowa through the expansion of entrepreneurial enterprise.

Providing hands-on guided assistance from seasoned business experts.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$210,116$198,637▼ $11,479
Cash and Non-Interest-Bearing Accounts$357$59,577▲ $59,220
Land, Buildings, and Equipment, Net$10,108$7,149▼ $2,959
Accounts Receivable-$0-
Total Assets$220,581$265,363▲ $44,782
Liabilities
Accounts Payable and Accrued Expenses$8,671$9,728▲ $1,057
Total Liabilities$8,671$9,728▲ $1,057
Net Assets / Fund Balance
Unrestricted Net Assets$211,910$255,635▲ $43,725
Total Net Assets Fund Balance$211,910$255,635▲ $43,725
Total Liabilities and Net Assets / Fund Balance$220,581$265,363▲ $44,782

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$7,149$83,074$90,223
Leasehold Improvements$0$16,822$16,822
Compensation and Service Providers
Top Officer Pay98th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Curtis NelsonPresident/CEOFT$202,200$69,322$271,522
Julie ZielinskiVP of MarketingFT$125,000$30,713$155,713

Board Members and Trustees

NameTitle
Kathleen KleimanChair
Charles RohdePast Chair
Bruce LehrmanDirector
Cindy DietzDirector
David ConradDirector
David HensleyDirector
David RuschDirector
Doug KoppDirector
Jasmine AlmoayedDirector
Jim HaddadDirector
Kris GulickDirector
Larry HellingDirector
Mary QuassDirector
Pat DeignanDirector
Terry SullivanDirector
Thad RoffeyDirector
Travis FellDirector
William MccartanDirector
Dick SchwabSecretary
Jon DusekTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$698,203
Program Service Revenue
$187,689
Investment Income
$240
Other Revenue
$0
All Other Contributions
$426,703
Change in Net Assets
$38,851
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$710,497
Other Expenses$136,784
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$357,251
Current Officers, Directors, Trustees, and Key Employees---$268,531
Occupancy---$50,545
Payroll Taxes---$37,202
Other Employee Benefits---$34,106
Office Expenses---$25,831
Fees for Services Other---$20,030
Pension Plan Contributions---$13,407
Travel---$8,646
Fees for Services Accounting---$7,575
Advertising---$5,594
Insurance---$4,420
Information Technology---$4,187
Depreciation Depletion---$2,959
All Other Expenses---$1,204
Other Expenses---$336
Conferences and Meetings---$-2,538
Total Functional Expenses$0$0$0$847,281
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
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-AN ENTITY MANAGED BY THE ORGANIZATION'S CEOThe Organization Is Compensated for Services Provided.No$92,779
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 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
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 11B

“The form 990 is reviewed by the ceo and finance committee prior to filing. A copy of the final version of the form 990 is provided to the board of directors prior to filing.”

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

“The organization has a conflict of interest policy. Each board member is required to complete a form annually disclosing any conflict of interest they may have. Compliance with the policy is reviewed annually by outside council. Any conflicts are also addressed at each board and committee meeting.”

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

“An annual compensation plan for the organizations ceo is drawn up by boards executive committee at the beginning of each calendar year and approved as part of the annual budget by the board of directors. Compensation is comprised of base salary, club and car allowance, and an annual incentive bonus based upon organizational goals. Compensation is derived using independent research data on ceos and executive directors of similar organizations on a national basis to maintain overall integrity and competitiveness. Independent research is updated on a regular basis. Documentation regarding the ceos compensation plan is maintained by human resources. A member of the boards executive committee approves all of the ceos expense reports and signs all checks written to the ceo.”

Form 990, Part VI, Section C, line 19

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Entrepreneurial Development Center Inc
EIN
42-1447565
Phone
3193694955
Address
230 SECOND STREET SE No 212, CEDAR RAPIDS, IA 52401

Signing Officer

Name
Curtis Nelson
Title
President/CEO
Phone
3193694955
Signed
2017-10-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Curtis Nelson
Formed
1995
Legal Domicile
Ia
Voting Board Members
20
Independent Board Members
20
Employees
6
Volunteers
20

Preparer

Firm
Bergankdv Ltd
Address
PO BOX 10200, CEDAR RAPIDS, IA 52410-0200
Preparer
Brian Coller CPA
Phone
3192948000
Raw XML AppendixShowing 400 of 477 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/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20PRESIDENT/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP OF MARKETING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GovernmentGrantsAmt0271500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0886132
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt020
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt04187
IRS990/InsuranceGrp/TotalAmt04420
IRS990/InvestmentIncomeGrp/ExclusionAmt0240
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0240
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt099896
IRS990/LandBldgEquipBasisNetGrp/BOYAmt010108
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07149
IRS990/LandBldgEquipCostOrOtherBssAmt0107045
IRS990/LegalDomicileStateCd0IA
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0TO PROVIDE ECONOMIC GROWTH THROUGH THE CREATION AND EXPANSION OF HIGH-IMPACT IOWA BUSINESSES.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0211910
IRS990/NetAssetsOrFundBalancesEOYAmt0255635
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/TotalAmt050545
IRS990/OfficeExpensesGrp/TotalAmt025831
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt034106
IRS990/OtherExpensesGrp/Desc0PARKING
IRS990/OtherExpensesGrp/Desc1DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2REPAIRS AND MAINTENANCE
IRS990/OtherExpensesGrp/TotalAmt04689
IRS990/OtherExpensesGrp/TotalAmt13306
IRS990/OtherExpensesGrp/TotalAmt2336
IRS990/OtherSalariesAndWagesGrp/TotalAmt0357251
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt037202
IRS990/PensionPlanContributionsGrp/TotalAmt013407
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0CURTIS NELSON
IRS990/PriorPeriodAdjustmentsAmt04874
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541610
IRS990/ProgramServiceRevenueGrp/Desc0SERVICE FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0187689
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0187689
IRS990/ProgSrvcAccomActy2Grp/Desc0NETWORKING AND EDUCATIONAL SERVICES:EVENTS AND SERVICES ARE DESIGNED TO EXPAND ENTREPRENEURS PER RESOURCE POOLS AND ENTREPRENEURIAL KNOWLEDGE THROUGH MEETINGS, NEWSLETTERS, SEMINARS AND GUIDANCE. 110 ENTREPRENEURS WERE ASSISTED DURING THE YEAR ENDED DECEMBER 31, 2016.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0644637
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0245
IRS990/PYOtherExpensesAmt0216197
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0185999
IRS990/PYRevenuesLessExpensesAmt0-116969
IRS990/PYSalariesCompEmpBnftPaidAmt0731653
IRS990/PYTotalExpensesAmt0947850
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0830881
IRS990/ReconcilationRevenueExpnssAmt038851
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0210116
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0198637
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/EquipmentGrp/BookValueAmt07149
IRS990ScheduleD/EquipmentGrp/DepreciationAmt083074
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt090223
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt016822
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt016822
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07149
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/ClubDuesOrFeesInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0202200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1125000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount045000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount14000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt04380
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt16771
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt019942
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt119942
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CURTIS NELSON
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1JULIE ZIELINSKI
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT/CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1VP OF MARKETING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0271522
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1155713
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990ScheduleJ/WrittenEmploymentContractInd0X
IRS990ScheduleJ/WrittenPolicyRefTAndEExpnssInd01
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0AccelerateIt LLC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0AN ENTITY MANAGED BY THE ORGANIZATION'S CEO
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt092779
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE ORGANIZATION IS COMPENSATED FOR SERVICES PROVIDED.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS REVIEWED BY THE CEO AND FINANCE COMMITTEE PRIOR TO FILING. A COPY OF THE FINAL VERSION OF THE FORM 990 IS PROVIDED TO THE BOARD OF DIRECTORS PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY. EACH BOARD MEMBER IS REQUIRED TO COMPLETE A FORM ANNUALLY DISCLOSING ANY CONFLICT OF INTEREST THEY MAY HAVE. COMPLIANCE WITH THE POLICY IS REVIEWED ANNUALLY BY OUTSIDE COUNCIL. ANY CONFLICTS ARE ALSO ADDRESSED AT EACH BOARD AND COMMITTEE MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AN ANNUAL COMPENSATION PLAN FOR THE ORGANIZATIONS CEO IS DRAWN UP BY BOARDS EXECUTIVE COMMITTEE AT THE BEGINNING OF EACH CALENDAR YEAR AND APPROVED AS PART OF THE ANNUAL BUDGET BY THE BOARD OF DIRECTORS. COMPENSATION IS COMPRISED OF BASE SALARY, CLUB AND CAR ALLOWANCE, AND AN ANNUAL INCENTIVE BONUS BASED UPON ORGANIZATIONAL GOALS. COMPENSATION IS DERIVED USING INDEPENDENT RESEARCH DATA ON CEOS AND EXECUTIVE DIRECTORS OF SIMILAR ORGANIZATIONS ON A NATIONAL BASIS TO MAINTAIN OVERALL INTEGRITY AND COMPETITIVENESS. INDEPENDENT RESEARCH IS UPDATED ON A REGULAR BASIS. DOCUMENTATION REGARDING THE CEOS COMPENSATION PLAN IS MAINTAINED BY HUMAN RESOURCES. A MEMBER OF THE BOARDS EXECUTIVE COMMITTEE APPROVES ALL OF THE CEOS EXPENSE REPORTS AND SIGNS ALL CHECKS WRITTEN TO THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Section C, line 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00

Document Assets

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Filings

Displayed year

2016 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$265,363
Liabilities
$9,728
Net assets
$255,635
Revenue
$886,132
Expenses
$847,281
Net income
$38,851
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.84$0.21$0.63$0.99$1.01$0.02
2023Detailed filing. Detailed filing data is available for this year.$0.81$0.16$0.65$0.85$0.90$0.05
2022Detailed filing. Detailed filing data is available for this year.$0.90$0.20$0.70$0.99$0.85$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.78$0.22$0.56$1.03$1.02$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.68$0.12$0.55$1.06$1.04$0.02
2019Detailed filing. Detailed filing data is available for this year.$0.56$0.03$0.53$1.04$1.01$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.51$0.02$0.50$0.98$0.89$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.42$0.02$0.41$0.94$0.86$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.27$0.01$0.26$0.89$0.85$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.22$0.01$0.21$0.83$0.95$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.34$0.01$0.33$0.78$0.98$0.20
2013Detailed filing. Detailed filing data is available for this year.$0.54$0.01$0.53$0.80$0.94$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.68$0.01$0.66$0.89
2011Summary only. Only limited summary data is available for this year.$0.80$0.01$0.79$0.93$0.82$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.01$0.69$0.84