Civic Intelligence

Community Investment Collaborative

990 • Fiscal year 2013 • EIN 45-4105820

Jan 01, 2013 to Dec 31, 2013 • Filed on Apr 14, 2014

Organization ProfileWWW.CICVILLE.ORG
PO Box 297622903

(434) 218-3481

Siviq Scores

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

Liabilities / Assets

61st percentile

0.01x

Higher debt load relative to assets than 61% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

64th percentile

0.01x

Higher debt load relative to revenue than 64% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

95th percentile

64%

Higher net margin than 95% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

95th percentile

179%

Faster asset growth than 95% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

93rd percentile

105%

Faster revenue growth than 93% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$355,914

Up $228,549 (+179%) from 2012

Net Assets

Up

$352,358

Up $224,993 (+177%) from 2012

Liabilities

$3,556

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue64th percentileNet Margin95th percentile

Revenue

Up

$350,043

Up $179,038 (+105%) from 2012

Expenses

Up

$125,050

Up $81,410 (+187%) from 2012

Net Income

Up

$224,993

Up $97,628 (+77%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth95th percentile

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

$3.0M$2.0M$1.0M$0Assets 2012: $127,365Net Assets 2012: $127,3652012Assets 2013: $355,914Liabilities 2013: $3,556Net Assets 2013: $352,3582013Assets 2014: $431,146Liabilities 2014: $14,730Net Assets 2014: $416,4162014Assets 2015: $497,492Liabilities 2015: $20,716Net Assets 2015: $476,7762015Assets 2016: $493,290Liabilities 2016: $19,542Net Assets 2016: $473,7482016Assets 2017: $586,395Liabilities 2017: $24,962Net Assets 2017: $561,4332017Assets 2018: $709,754Liabilities 2018: $14,055Net Assets 2018: $695,6992018Assets 2019: $817,524Liabilities 2019: $15,261Net Assets 2019: $802,2632019Assets 2020: $1,933,615Liabilities 2020: $377,276Net Assets 2020: $1,556,3392020Assets 2021: $2,335,372Liabilities 2021: $326,506Net Assets 2021: $2,008,8662021Assets 2022: $2,566,394Liabilities 2022: $348,511Net Assets 2022: $2,217,8832022Assets 2023: $2,802,558Liabilities 2023: $526,768Net Assets 2023: $2,275,7902023Assets 2024: $2,805,894Liabilities 2024: $555,424Net Assets 2024: $2,250,4702024

Highlighted filing

2013

Assets$355,914
Liabilities$3,556
Net Assets$352,358
Open 2013 Filing

Operations Trend

Revenue Growth93rd percentile

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

$15M$10M$5.0M$0-$5.0MRevenue 2012: $171,005Expenses 2012: $43,640Net Income 2012: $127,3652012Revenue 2013: $350,043Expenses 2013: $125,050Net Income 2013: $224,9932013Revenue 2014: $280,908Expenses 2014: $214,608Net Income 2014: $66,3002014Revenue 2015: $369,506Expenses 2015: $321,643Net Income 2015: $47,8632015Revenue 2016: $318,643Expenses 2016: $321,671Net Income 2016: -$3,0282016Revenue 2017: $422,843Expenses 2017: $335,158Net Income 2017: $87,6852017Revenue 2018: $737,370Expenses 2018: $603,104Net Income 2018: $134,2662018Revenue 2019: $690,593Expenses 2019: $584,029Net Income 2019: $106,5642019Revenue 2020: $13,501,083Expenses 2020: $12,747,007Net Income 2020: $754,0762020Revenue 2021: $2,838,911Expenses 2021: $2,386,384Net Income 2021: $452,5272021Revenue 2022: $2,244,096Expenses 2022: $2,035,079Net Income 2022: $209,0172022Revenue 2023: $2,055,191Expenses 2023: $1,997,284Net Income 2023: $57,9072023Revenue 2024: $2,414,442Expenses 2024: $2,439,756Net Income 2024: -$25,3142024

Highlighted filing

2013

Revenue$350,043
Expenses$125,050
Net Income$224,993
Open 2013 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Apr 14, 2014
Return Version
2013v3.1
Gross Receipts
$350,043
Mission and Program Overview

Mission

Community investment collaborative is a micro enterprise development program that supports underserved entrepreneurs who lack access to traditional funding sources.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$108,865$307,106▲ $198,241
Cash and Non-Interest-Bearing Accounts-$33,405-
Land, Buildings, and Equipment, Net-$1,448-
Total Assets$127,365$355,914▲ $228,549
Other Assets Total$18,500$13,955▼ $4,545
Liabilities
Accounts Payable and Accrued Expenses-$3,556-
Total Liabilities$0$3,556▲ $3,556
Net Assets / Fund Balance
Unrestricted Net Assets$127,365$267,515▲ $140,150
Temporarily Rstr Net Assets-$84,843-
Total Net Assets Fund Balance$127,365$352,358▲ $224,993
Total Liabilities and Net Assets / Fund Balance$127,365$355,914▲ $228,549

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,448$125$1,573
Compensation and Service Providers
Top Officer Pay73rd percentile

Board Members and Trustees

NameTitle
Wendy BrownChair
Laura HornVice Chair
Anne NelsonDirector
Charles ThacherDirector
Philippe SommerDirector
Toan NguyenDirector
W Mcilwaine Thompson JrDirector
Gordon BennettSecretary
Dana GoldsmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$338,436
Program Service Revenue
$11,173
Investment Income
$434
Other Revenue
$0
All Other Contributions
$258,964
Change in Net Assets
$224,993
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$79,853
Other Expenses$45,197
Total Fundraising Expense$8,648
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$56,147$7,018$7,018$70,183
All Other Expenses$2,351$7,608$663$10,622
Payroll Taxes$4,295$537$537$5,369
Other Employee Benefits$3,441$430$430$4,301
Other Expenses$3,622--$3,622
Office Expenses$1,336--$1,336
Depreciation Depletion$125--$125
Total Functional Expenses$100,809$15,593$8,648$125,050
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
Annual disclosure for covered persons
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
Yes
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 11B

“Board finance committee meets to review and approve the return before it is submitted.”

Form 990, Page 6, Part VI, Line 12C

“Board members are reminded annually about the conflict of interest policy. The policy is disclosed to all new board members during their orientation period.”

Form 990, Page 6, Part VI, Line 19

“Cic maintains a comprehensive website that describes the organization's mission, governing body, staff, team sponsors, resources, programs, news, calendar of events and contact information. Additional information is released upon request.”

Filing and Contact Details

Filer

EIN
45-4105820

Signing Officer

Name
Wendy Brown
Title
Board Chair
Signed
2014-04-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wendy Brown
Formed
2011
Legal Domicile
Va
Voting Board Members
9
Independent Board Members
9
Employees
3
Volunteers
100

Preparer

Preparer
Christina Monfalcone CPA
Phone
4342021722
Supplemental Narrative

Additional Explanations

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

“Professional networks exponentially. To date: 51 graduates representing 47 new, expanding or aspiring businesses. Of the 51 graduates, 36% reported good/excellent understanding of key business conecpts. 15.5 full time equivalent jobs created.”

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

“Buliding strong entrepreneurial networks is an underpinning of cic culture. Last year, cic partnered with the local tom tom founders festival, prince michel vineyards, whole foods market, virginia community capital and capital one to offer networking events ranging from vendor opportunities at block parties and community fairs, to providing education opportunities through business expos and financial "pitch nights."”

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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/ProgSrvcAccomActy3Grp/Desc0MENTORING: MENTORS DRAWN FROM THE LOCAL BUSINESS AND BUSINESS COUNSELING COMMUNITIES MEET REGULARLY WITH CIC ENTREPRENEURS TO PROVIDE ONGOING GUIDANCE AND ADVISORY SUPPORT. THESE MENTORING RELATIONSHIPS CULTIVATE STRONG CROSS COMMUNITY RELATIONSHIPS THAT FREQUENTLY RESULT IN POWERFUL OUTCOMES: WITH THE HELP OF HER MENTOR, A CIC GRADUATE SECURED AN ADDITIONAL LOAN FROM A LOCAL BANK. THIS FINANCING WOULD NOT HAVE BEEN POSSIBLE OTHERWISE. IN ANOTHER EXAMPLE, A CIC GRADUATE WON A CATERING CONTRACT FOR A PROMINENT VENUE IN TOWN THROUGH AN INTRODUCTION FROM HER MENTOR. OF 38 MENTOR PAIRS MADE SINCE 2012, 27 HAVE ONGOING CONTACT.
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0108865
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0307106
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0338436
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0161310
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0499746
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0434
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt065
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0499
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt011173
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0499746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0338436
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0161310
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0499746
IRS990ScheduleA/TotalSupportAmt0500245
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/ScheduleBRequiredInd0true
IRS990ScheduleD/EquipmentGrp/BookValueAmt01448
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0125
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01573
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01448
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0PROFESSIONAL NETWORKS EXPONENTIALLY. TO DATE: 51 GRADUATES REPRESENTING 47 NEW, EXPANDING OR ASPIRING BUSINESSES. OF THE 51 GRADUATES, 36% REPORTED GOOD/EXCELLENT UNDERSTANDING OF KEY BUSINESS CONECPTS. 15.5 FULL TIME EQUIVALENT JOBS CREATED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BULIDING STRONG ENTREPRENEURIAL NETWORKS IS AN UNDERPINNING OF CIC CULTURE. LAST YEAR, CIC PARTNERED WITH THE LOCAL TOM TOM FOUNDERS FESTIVAL, PRINCE MICHEL VINEYARDS, WHOLE FOODS MARKET, VIRGINIA COMMUNITY CAPITAL AND CAPITAL ONE TO OFFER NETWORKING EVENTS RANGING FROM VENDOR OPPORTUNITIES AT BLOCK PARTIES AND COMMUNITY FAIRS, TO PROVIDING EDUCATION OPPORTUNITIES THROUGH BUSINESS EXPOS AND FINANCIAL "PITCH NIGHTS."
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BOARD FINANCE COMMITTEE MEETS TO REVIEW AND APPROVE THE RETURN BEFORE IT IS SUBMITTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BOARD MEMBERS ARE REMINDED ANNUALLY ABOUT THE CONFLICT OF INTEREST POLICY. THE POLICY IS DISCLOSED TO ALL NEW BOARD MEMBERS DURING THEIR ORIENTATION PERIOD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CIC MAINTAINS A COMPREHENSIVE WEBSITE THAT DESCRIBES THE ORGANIZATION'S MISSION, GOVERNING BODY, STAFF, TEAM SPONSORS, RESOURCES, PROGRAMS, NEWS, CALENDAR OF EVENTS AND CONTACT INFORMATION. ADDITIONAL INFORMATION IS RELEASED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt084843
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0127365
IRS990/TotalAssetsEOYAmt0355914
IRS990/TotalAssetsGrp/BOYAmt0127365
IRS990/TotalAssetsGrp/EOYAmt0355914
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0338436
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt08648
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt015593
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0100809
IRS990/TotalFunctionalExpensesGrp/TotalAmt0125050
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt03556
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt03556
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0127365
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0352358
IRS990/TotalProgramServiceExpensesAmt0100809
IRS990/TotalProgramServiceRevenueAmt011173
IRS990/TotalRevenueGrp/ExclusionAmt0434
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt011173
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0350043
IRS990/TotalVolunteersCnt0100
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0127365
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0355914
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0127365
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0267515
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10PO BOX 2976
IRS990/USAddress/City0CHARLOTTESVILLE
IRS990/USAddress/State0VA
IRS990/USAddress/ZIPCode022903
IRS990/VotingMembersGoverningBodyCnt09
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.CICVILLE.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WENDY BROWN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0BOARD CHAIR
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10COMMUNITY INVESTMENT COLLABORATIVE
ReturnHeader/Filer/BusinessNameControlTxt0COMM
ReturnHeader/Filer/EIN0454105820
ReturnHeader/Filer/USAddress/AddressLine10PO BOX 2976
ReturnHeader/Filer/USAddress/City0CHARLOTTESVILLE
ReturnHeader/Filer/USAddress/State0VA
ReturnHeader/Filer/USAddress/ZIPCode022903
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10MONFALCONE ACCOUNTING GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10198 SPOTNAP RD STE C-5
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CHARLOTTESVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0VA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0229118614
ReturnHeader/PreparerPersonGrp/PhoneNum04342021722
ReturnHeader/PreparerPersonGrp/PreparationDt02014-05-02
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CHRISTINA MONFALCONE CPA
ReturnHeader/ReturnTs02014-05-02T22:36:11-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

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Filings

Displayed year

2013 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$355,914
Liabilities
$3,556
Net assets
$352,358
Revenue
$350,043
Expenses
$125,050
Net income
$224,993
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.81$0.56$2.25$2.41$2.44$0.03
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.80$0.53$2.28$2.06$2.00$0.06
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.57$0.35$2.22$2.24$2.04$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.34$0.33$2.01$2.84$2.39$0.45
2020Detailed filing. Detailed filing data is available for this year.$1.93$0.38$1.56$13.5$12.7$0.75
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.82$0.02$0.80$0.69$0.58$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.71$0.01$0.70$0.74$0.60$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.59$0.02$0.56$0.42$0.34$0.09
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$0.02$0.47$0.32$0.32$0.00
2015Detailed filing. Detailed filing data is available for this year.$0.50$0.02$0.48$0.37$0.32$0.05
2014Detailed filing. Detailed filing data is available for this year.$0.43$0.01$0.42$0.28$0.21$0.07
2013Detailed filing. Detailed filing data is available for this year.$0.36$0.00$0.35$0.35$0.13$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.13$0.17$0.04$0.13