Civic Intelligence

M C Resource Management

990 • Fiscal year 2015 • EIN 43-2023040

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 10, 2016

611 Fairbanks StreetAnchorage, AK 99501

(907) 753-0555

Siviq Scores

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

Liabilities / Assets

100th percentile

7.63x

Higher debt load relative to assets than 100% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

75th percentile

0.45x

Higher debt load relative to revenue than 75% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

30th percentile

-3.6%

Higher net margin than 30% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2015

Asset Growth

2nd percentile

-47%

Faster asset growth than 2% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

60th percentile

7.5%

Faster revenue growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Down

$87,786

Down $76,822 (-47%) from 2014

Net Assets

Down

-$582,150

Down $54,412 (-10%) from 2014

Liabilities

Down

$669,936

Down $22,410 (-3.2%) from 2014

Revenue

Up

$1,493,202

Up $104,263 (+7.5%) from 2014

Expenses

Up

$1,547,614

Up $119,568 (+8.4%) from 2014

Net Income

Down

-$54,412

Down $15,305 (-39%) from 2014

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0-$500K-$1.0MAssets 2010: $179,581Liabilities 2010: $590,668Net Assets 2010: -$411,0872010Assets 2011: $181,100Liabilities 2011: $442,774Net Assets 2011: -$261,6742011Assets 2012: $94,949Liabilities 2012: $397,709Net Assets 2012: -$302,7602012Assets 2013: $84,168Liabilities 2013: $572,799Net Assets 2013: -$488,6312013Assets 2014: $164,608Liabilities 2014: $692,346Net Assets 2014: -$527,7382014Assets 2015: $87,786Liabilities 2015: $669,936Net Assets 2015: -$582,1502015Assets 2016: $73,106Liabilities 2016: $618,450Net Assets 2016: -$545,3442016Assets 2017: $125,115Liabilities 2017: $344,735Net Assets 2017: -$219,6202017Assets 2018: $110,547Liabilities 2018: $290,181Net Assets 2018: -$179,6342018Assets 2019: $137,380Liabilities 2019: $299,274Net Assets 2019: -$161,8942019Assets 2020: $300,942Liabilities 2020: $524,195Net Assets 2020: -$223,2532020Assets 2021: $395,117Liabilities 2021: $179,097Net Assets 2021: $216,0202021Assets 2023: $469,106Liabilities 2023: $138,296Net Assets 2023: $330,8102023Assets 2024: $354,130Liabilities 2024: $88,915Net Assets 2024: $265,2152024

Highlighted filing

2015

Assets$87,786
Liabilities$669,936
Net Assets-$582,150

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,133,2182010Expenses 2011: $1,774,4242011Revenue 2012: $1,646,082Expenses 2012: $1,687,168Net Income 2012: -$41,0862012Revenue 2013: $1,322,619Expenses 2013: $1,508,490Net Income 2013: -$185,8712013Revenue 2014: $1,388,939Expenses 2014: $1,428,046Net Income 2014: -$39,1072014Revenue 2015: $1,493,202Expenses 2015: $1,547,614Net Income 2015: -$54,4122015Revenue 2016: $1,628,467Expenses 2016: $1,591,661Net Income 2016: $36,8062016Revenue 2017: $2,107,614Expenses 2017: $1,781,890Net Income 2017: $325,7242017Revenue 2018: $2,035,472Expenses 2018: $1,995,486Net Income 2018: $39,9862018Revenue 2019: $2,078,152Expenses 2019: $2,060,413Net Income 2019: $17,7392019Revenue 2020: $2,001,252Expenses 2020: $2,062,611Net Income 2020: -$61,3592020Revenue 2021: $2,635,825Expenses 2021: $2,196,552Net Income 2021: $439,2732021Revenue 2023: $2,354,996Expenses 2023: $2,351,370Net Income 2023: $3,6262023Revenue 2024: $1,981,757Expenses 2024: $2,047,352Net Income 2024: -$65,5952024

Highlighted filing

2015

Revenue$1,493,202
Expenses$1,547,614
Net Income-$54,412
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 10, 2016
Return Version
2015v2.1
Gross Receipts
$1,493,202
Mission and Program Overview

Mission

The organization is established to create employment opportunities for people with severe disabilities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$144,536$75,091▼ $69,445
Prepaid Expenses and Deferred Charges$14,460$12,295▼ $2,165
Cash and Non-Interest-Bearing Accounts$5,612$400▼ $5,212
Rtn Earn Endowment Incm Other Fnds$-527,738$-582,150▼ $54,412
Total Assets$164,608$87,786▼ $76,822
Liabilities
Accounts Payable and Accrued Expenses$568,608$492,633▼ $75,975
Other Liabilities$123,738$177,303▲ $53,565
Total Liabilities$692,346$669,936▼ $22,410
Net Assets / Fund Balance
Total Net Assets Fund Balance$-527,738$-582,150▼ $54,412
Total Liabilities and Net Assets / Fund Balance$164,608$87,786▼ $76,822
Compensation and Service Providers

Employees

NameTitleBaseTotal
Andrew H KwonDirector$63,000$63,000

Board Members and Trustees

NameTitle
Forest BrussardDirector
Thomas O KwonDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,487,233
Investment Income
$0
Other Revenue
$5,969
Change in Net Assets
$-54,412
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,372,311
Other Expenses$175,303
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$679,987$81,637-$761,624
Other Employee Benefits$466,925$8,848-$475,773
Payroll Taxes$59,198$12,716-$71,914
Current Officers, Directors, Trustees, and Key Employees-$63,000-$63,000
Occupancy$51,600--$51,600
Interest-$16,577-$16,577
Office Expenses-$12,097-$12,097
Insurance-$9,094-$9,094
All Other Expenses-$8,159-$8,159
Other Expenses$5,508$6,000-$5,508
Fees for Services Management-$-10,672-$-10,672
Total Functional Expenses$1,334,507$213,107$0$1,547,614
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-DirectorRent Office SpaceNo$44,400
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Payroll$48,051
Liuna Pay Plan$47,063
Accrued Insurance Payable$34,928
Accrued Vacation$22,828
Payroll Tax Payable$18,890
Marsh Payable$7,443
Unclaimed Checks$1,955
Other Liabilities$-3,855
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
Yes
Business relationship with organization members
Yes
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

Governance Explanations

Form 990, Page 6, Part VI, Line 2

Andrew kwon director director son of thomas kwon thomas kwon director director father of andrew kwon

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Mc Resource Management
EIN
43-2023040
Phone
9077530555
Address
611 FAIRBANKS STREET, ANCHORAGE, AK 99501

Signing Officer

Name
Andrew H Kwon
Title
Director
Phone
9077530555
Signed
2016-03-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Forest Brussard
Formed
2003
Legal Domicile
Ak
Voting Board Members
3
Independent Board Members
3
Employees
80

Preparer

Firm
Christopher J Michaelson CPA Pc
Address
3401 DENALI ST STE 204, ANCHORAGE, AK 99503-4001
Preparer
Christopher J Michaelson
Phone
9073482551
Supplemental Narrative

Additional Explanations

Form 990, Page 2, Part III, Line 4D

Organizaton employed approx. 80 people with disabilities during the period ended december 31, 2015.

Raw XML Appendix343 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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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0RENT OFFICE SPACE
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ORGANIZATON EMPLOYED APPROX. 80 PEOPLE WITH DISABILITIES DURING THE PERIOD ENDED DECEMBER 31, 2015.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ANDREW KWON DIRECTOR DIRECTOR SON OF THOMAS KWON THOMAS KWON DIRECTOR DIRECTOR FATHER OF ANDREW KWON
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0AK
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0164608
IRS990/TotalAssetsEOYAmt087786
IRS990/TotalAssetsGrp/BOYAmt0164608
IRS990/TotalAssetsGrp/EOYAmt087786
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt080
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0213107
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01334507
IRS990/TotalFunctionalExpensesGrp/TotalAmt01547614
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0692346
IRS990/TotalLiabilitiesEOYAmt0669936
IRS990/TotalLiabilitiesGrp/BOYAmt0692346
IRS990/TotalLiabilitiesGrp/EOYAmt0669936
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-527738
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0-582150
IRS990/TotalProgramServiceExpensesAmt01334507
IRS990/TotalProgramServiceRevenueAmt01487233
IRS990/TotalReportableCompFromOrgAmt063000
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01493202
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01493202
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0164608
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt087786
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/USAddress/AddressLine1Txt0611 FAIRBANKS ST
IRS990/USAddress/CityNm0ANCHORAGE
IRS990/USAddress/StateAbbreviationCd0AK
IRS990/USAddress/ZIPCd099501
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ANDREW H KWON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09077530555
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MC RESOURCE MANAGEMENT
ReturnHeader/Filer/BusinessNameControlTxt0MCRE
ReturnHeader/Filer/EIN0432023040
ReturnHeader/Filer/PhoneNum09077530555
ReturnHeader/Filer/USAddress/AddressLine1Txt0611 FAIRBANKS STREET
ReturnHeader/Filer/USAddress/CityNm0ANCHORAGE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AK
ReturnHeader/Filer/USAddress/ZIPCd099501
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200489488
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CHRISTOPHER J MICHAELSON CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03401 DENALI ST STE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ANCHORAGE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0995034001
ReturnHeader/PreparerPersonGrp/PhoneNum09073482551
ReturnHeader/PreparerPersonGrp/PreparationDt02016-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTOPHER J MICHAELSON
ReturnHeader/ReturnTs02016-11-14T13:09:32-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.35$0.09$0.27$1.98$2.05$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.14$0.33$2.35$2.35$0.00
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.40$0.18$0.22$2.64$2.20$0.44
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.52$0.22$2.00$2.06$0.06
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.14$0.30$0.16$2.08$2.06$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.11$0.29$0.18$2.04$2.00$0.04
2017Summary only. Only limited summary data is available for this year.$0.13$0.34$0.22$2.11$1.78$0.33
2016Summary only. Only limited summary data is available for this year.$0.07$0.62$0.55$1.63$1.59$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.09$0.67$0.58$1.49$1.55$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.16$0.69$0.53$1.39$1.43$0.04
2013Detailed filing. Detailed filing data is available for this year.$0.08$0.57$0.49$1.32$1.51$0.19
2012Summary only. Only limited summary data is available for this year.$0.09$0.40$0.30$1.65$1.69$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.18$0.44$0.26$1.77
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.18$0.59$0.41$2.13