Civic Intelligence

Metropolitan School Dist of Washington Twnshp Retiree Health P

990 • Fiscal year 2015 • EIN 45-6446946

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 21, 2016

8625 Andrew Carnegie BlvdCharlotte, NC 28262

(877) 535-3910

Siviq Scores

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

Liabilities / Assets

18th percentile

0.00x

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

2015 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

18th percentile

0.00x

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

2015 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2015

Net Margin

89th percentile

35%

Higher net margin than 89% of similar nonprofits.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

51st percentile

$1,250

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.1% of source-year revenue.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Source year 2015

Asset Growth

38th percentile

-2.0%

Faster asset growth than 38% of similar nonprofits.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Revenue Growth

67th percentile

9.0%

Faster revenue growth than 67% of similar nonprofits.

2015 filings • 501(c)9 • $10M-$25M nonprofits • Annualized from 2014 to 2015

Assets

Down

$14,741,086

Down $301,806 (-2.0%) from 2014

Net Assets

Down

$14,741,086

Down $301,806 (-2.0%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$1,236,380

Up $101,969 (+9.0%) from 2014

Expenses

Up

$799,562

Up $11,006 (+1.4%) from 2014

Net Income

Up

$436,818

Up $90,963 (+26%) from 2014

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2011: $11,637,778Liabilities 2011: $0Net Assets 2011: $11,637,7782011Assets 2012: $12,873,665Liabilities 2012: $0Net Assets 2012: $12,873,6652012Assets 2013: $14,655,242Liabilities 2013: $0Net Assets 2013: $14,655,2422013Assets 2014: $15,042,892Liabilities 2014: $0Net Assets 2014: $15,042,8922014Assets 2015: $14,741,086Liabilities 2015: $0Net Assets 2015: $14,741,0862015Assets 2016: $15,295,287Liabilities 2016: $0Net Assets 2016: $15,295,2872016Assets 2017: $17,211,588Liabilities 2017: $0Net Assets 2017: $17,211,5882017Assets 2018: $16,152,905Liabilities 2018: $0Net Assets 2018: $16,152,9052018Assets 2019: $18,843,860Liabilities 2019: $0Net Assets 2019: $18,843,8602019Assets 2020: $20,676,212Liabilities 2020: $0Net Assets 2020: $20,676,2122020Assets 2021: $22,252,126Liabilities 2021: $0Net Assets 2021: $22,252,1262021Assets 2022: $18,552,216Liabilities 2022: $0Net Assets 2022: $18,552,2162022Assets 2023: $21,246,110Liabilities 2023: $0Net Assets 2023: $21,246,1102023Assets 2024: $23,587,783Liabilities 2024: $0Net Assets 2024: $23,587,7832024

Highlighted filing

2015

Assets$14,741,086
Liabilities$0
Net Assets$14,741,086

Operations Trend

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

$15M$10M$5.0M$0Revenue 2011: $11,712,008Expenses 2011: $187,497Net Income 2011: $11,524,5112011Revenue 2012: $796,886Expenses 2012: $488,052Net Income 2012: $308,8342012Revenue 2013: $1,052,671Expenses 2013: $621,809Net Income 2013: $430,8622013Revenue 2014: $1,134,411Expenses 2014: $788,556Net Income 2014: $345,8552014Revenue 2015: $1,236,380Expenses 2015: $799,562Net Income 2015: $436,8182015Revenue 2016: $1,141,613Expenses 2016: $875,728Net Income 2016: $265,8852016Revenue 2017: $1,376,386Expenses 2017: $911,161Net Income 2017: $465,2252017Revenue 2018: $1,870,895Expenses 2018: $776,580Net Income 2018: $1,094,3152018Revenue 2019: $1,581,406Expenses 2019: $822,066Net Income 2019: $759,3402019Revenue 2020: $1,510,747Expenses 2020: $715,814Net Income 2020: $794,9332020Revenue 2021: $1,824,777Expenses 2021: $763,642Net Income 2021: $1,061,1352021Revenue 2022: $2,030,418Expenses 2022: $728,473Net Income 2022: $1,301,9452022Revenue 2023: $1,716,128Expenses 2023: $947,085Net Income 2023: $769,0432023Revenue 2024: $1,452,142Expenses 2024: $790,301Net Income 2024: $661,8412024

Highlighted filing

2015

Revenue$1,236,380
Expenses$799,562
Net Income$436,818
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 21, 2016
Return Version
2015v2.0
Gross Receipts
$2,624,723
Mission and Program Overview

Mission

To provide medical care benefits to the school employees who are covered by the plan after they have terminated their employment with the school.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$15,042,892$14,741,086▼ $301,806
Investments in Publicly Traded Securities$12,626,727$12,515,561▼ $111,166
Savings and Temporary Cash Investments$2,416,165$2,225,525▼ $190,640
Total Assets$15,042,892$14,741,086▼ $301,806
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$15,042,892$14,741,086▼ $301,806
Total Liabilities and Net Assets / Fund Balance$15,042,892$14,741,086▼ $301,806
Compensation and Service Providers

Employees

NameTitleBaseTotal
-Trustee$1,250$1,250
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$569,590
Investment Income
$666,790
Other Revenue
$0
Change in Net Assets
$436,818
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$25,317
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
Benefits to Members$774,245--$774,245
Fees for Services Management-$25,317-$25,317
Total Functional Expenses$774,245$25,317$0$799,562
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
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
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11-description of Process for Review

Tiaa-cref company, fsb as trustee is responsible for preparation of form 990 based on the information contained in our records. Upon completion, a copy of form 990 is forwarded to the plan sponsor for review and approval. Once approved, form 990 is then filed with the federal taxing authority by the regulatory deadline.

Filing and Contact Details

Filer

Filer Name
Metropolitan School District of Washington
EIN
45-6446946
Phone
8775353910
Address
8625 ANDREW CARNEGIE BLVD, CHARLOTTE, NC 28262

Signing Officer

Name
Stephen Collier
Title
SVP,head of Tax
Phone
8775353910
Signed
2016-06-21

Organization Details

Principal Officer
Joe Licata
Formed
2011
Legal Domicile
In
Voting Board Members
1
Independent Board Members
0
Employees
0
Supplemental Narrative

Additional Explanations

Description for Making Documents Public

The organization makes its documents and policies available upon request.

Raw XML Appendix242 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/IndependentVotingMemberCnt00
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IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt012626727
IRS990/InvestmentsPubTradedSecGrp/EOYAmt012515561
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01388343
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
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IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-738624
IRS990/NoListedPersonsCompensatedInd0X
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IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0JOE LICATA
IRS990/ProfessionalFundraisingInd0false
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0569590
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt0765285
IRS990/PYInvestmentIncomeAmt0568854
IRS990/PYOtherExpensesAmt023271
IRS990/PYProgramServiceRevenueAmt0565557
IRS990/PYRevenuesLessExpensesAmt0345855
IRS990/PYTotalExpensesAmt0788556
IRS990/PYTotalRevenueAmt01134411
IRS990/ReconcilationRevenueExpnssAmt0436818
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02416165
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IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TIAA-CREF COMPANY, FSB AS TRUSTEE IS RESPONSIBLE FOR PREPARATION OF FORM 990 BASED ON THE INFORMATION CONTAINED IN OUR RECORDS. UPON COMPLETION, A COPY OF FORM 990 IS FORWARDED TO THE PLAN SPONSOR FOR REVIEW AND APPROVAL. ONCE APPROVED, FORM 990 IS THEN FILED WITH THE FEDERAL TAXING AUTHORITY BY THE REGULATORY DEADLINE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION MAKES ITS DOCUMENTS AND POLICIES AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1DESCRIPTION FOR MAKING DOCUMENTS PUBLIC
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
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IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0356005690
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IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
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IRS990/UponRequestInd0X
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IRS990/WebsiteAddressTxt0www.msdwt.k12.in.us
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0STEPHEN COLLIER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0SVP,HEAD OF TAX
ReturnHeader/BusinessOfficerGrp/PhoneNum08775353910
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0METROPOLITAN SCHOOL DISTRICT OF WASHINGTON
ReturnHeader/Filer/BusinessNameControlTxt0METR
ReturnHeader/Filer/EIN0456446946
ReturnHeader/Filer/PhoneNum08775353910
ReturnHeader/Filer/USAddress/AddressLine1Txt08625 ANDREW CARNEGIE BLVD
ReturnHeader/Filer/USAddress/CityNm0CHARLOTTE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028262
ReturnHeader/ReturnTs02016-08-02T13:01:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$23.6$0.00$23.6$1.45$0.79$0.66
2023Detailed filing. Detailed filing data is available for this year.$21.2$0.00$21.2$1.72$0.95$0.77
2022Detailed filing. Detailed filing data is available for this year.$18.6$0.00$18.6$2.03$0.73$1.30
2021Detailed filing. Detailed filing data is available for this year.$22.3$0.00$22.3$1.82$0.76$1.06
2020Detailed filing. Detailed filing data is available for this year.$20.7$0.00$20.7$1.51$0.72$0.79
2019Detailed filing. Detailed filing data is available for this year.$18.8$0.00$18.8$1.58$0.82$0.76
2018Detailed filing. Detailed filing data is available for this year.$16.2$0.00$16.2$1.87$0.78$1.09
2017Detailed filing. Detailed filing data is available for this year.$17.2$0.00$17.2$1.38$0.91$0.47
2016Detailed filing. Detailed filing data is available for this year.$15.3$0.00$15.3$1.14$0.88$0.27
2015Detailed filing. Detailed filing data is available for this year.$14.7$0.00$14.7$1.24$0.80$0.44
2014Detailed filing. Detailed filing data is available for this year.$15.0$0.00$15.0$1.13$0.79$0.35
2013Summary only. Only limited summary data is available for this year.$14.7$0.00$14.7$1.05$0.62$0.43
2012Summary only. Only limited summary data is available for this year.$12.9$0.00$12.9$0.80$0.49$0.31
2011Summary only. Only limited summary data is available for this year.$11.6$0.00$11.6$11.7$0.19$11.5
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)9 • $10M-$25M nonprofits