Civic Intelligence

CMC Initiative Inc.

990 • Fiscal year 2020 • EIN 46-1052114

Aug 01, 2019 to Jul 31, 2020 • Filed on Dec 16, 2020

PO Box 52301Atlanta, GA 30355

(404) 861-4187

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

37th percentile

-2.1%

Higher net margin than 37% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

96th percentile

$70,099

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 31.2% of source-year revenue.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

30th percentile

-7.3%

Faster asset growth than 30% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

80th percentile

22%

Faster revenue growth than 80% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$139,650

Down $10,949 (-7.3%) from 2019

Net Assets

Down

$139,650

Down $10,949 (-7.3%) from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Revenue

Up

$224,972

Up $40,567 (+22%) from 2019

Expenses

Up

$229,601

Up $47,526 (+26%) from 2019

Net Income

Down

-$4,629

Down $6,959 (-299%) from 2019

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2014: $179,261Liabilities 2014: $0Net Assets 2014: $179,2612014Assets 2015: $175,834Net Assets 2015: $175,8342015Assets 2017: $129,091Net Assets 2017: $129,0912017Assets 2019: $150,599Net Assets 2019: $150,5992019Assets 2020: $139,650Liabilities 2020: $0Net Assets 2020: $139,6502020Assets 2022: $163,742Liabilities 2022: $0Net Assets 2022: $163,7422022Assets 2025: $115,955Liabilities 2025: $0Net Assets 2025: $115,9552025

Highlighted filing

2020

Assets$139,650
Liabilities$0
Net Assets$139,650

Operations Trend

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

$400K$300K$200K$100K$0-$100KRevenue 2014: $268,664Expenses 2014: $89,403Net Income 2014: $179,2612014Revenue 2015: $63,957Expenses 2015: $67,384Net Income 2015: -$3,4272015Revenue 2017: $186,385Expenses 2017: $161,829Net Income 2017: $24,5562017Revenue 2019: $184,405Expenses 2019: $182,075Net Income 2019: $2,3302019Revenue 2020: $224,972Expenses 2020: $229,601Net Income 2020: -$4,6292020Revenue 2022: $279,261Expenses 2022: $294,506Net Income 2022: -$15,2452022Revenue 2025: $338,459Expenses 2025: $279,542Net Income 2025: $58,9172025

Highlighted filing

2020

Revenue$224,972
Expenses$229,601
Net Income-$4,629
Jump To
Filing Snapshot
Filing Period
Aug 1, 2019 to Jul 31, 2020
Signed
Dec 16, 2020
Return Version
2019v5.0
Gross Receipts
$224,972
Mission and Program Overview

Mission

CMC Initiative's goal is to provide an alternative to the college drinking scene by offering alcohol-free events on a regular basis. Our focus is to allow students a choice when they come into college: a choice to steer clear of the college drinking scene and come into a welcoming environment where there is no peer pressure and no opportunities for regret.

Cmc initiative's goal is to provide an alternative to the downtown college drinking scene and to decrease the number of students trapped in alcohol and drug abuse on college campuses by providing alcohol and drug free events & support on a regular basis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$111,789$108,279▼ $3,510
Savings and Temporary Cash Investments$30,004$30,019▲ $15
Intangible Assets$1,130$901▼ $229
Land, Buildings, and Equipment, Net$1,356$449▼ $907
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$144,279$139,650▼ $4,629
Other Assets Total-$2-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$144,279$139,650▼ $4,629
Total Net Assets Fund Balance$144,279$139,650▼ $4,629
Total Liabilities and Net Assets / Fund Balance$144,279$139,650▼ $4,629

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$449$7,920$8,369
Other Land Buildings-$850$850
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Eric OdomPresident & CEOFT$70,099$70,099

Board Members and Trustees

NameTitle
Bobby ReaganChairman
Chris OdomChairman
Jonathan HansenChairman
Steve ShulerChairman
Revenue and Support

Revenue Composition

Contributions and Grants
$224,957
Program Service Revenue
$0
Investment Income
$15
Other Revenue
$0
All Other Contributions
$224,957
Change in Net Assets
$-4,629
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$174,942
Other Expenses$54,659
Total Fundraising Expense$11,858
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$72,722$25,973$5,194$103,889
Current Officers, Directors, Trustees, and Key Employees$49,737$17,763$3,553$71,053
Travel$8,908$2,227-$11,135
Other Expenses$7,771$1,590$1,590$7,771
Insurance$3,224$806-$4,030
All Other Expenses$1,170$-98$1,521$2,593
Office Expenses$1,063$707-$1,770
Depreciation Depletion$543$593-$1,136
Total Functional Expenses$168,182$49,561$11,858$229,601
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
No
Business relationship with 35% controlled entity
No
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

A draft copy is sent to the director for review by the accountant. Any changes are discussed and revised prior to filing.

Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection

Documents and form 990 are available to the public by request.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Documents are available to the public by request.

Filing and Contact Details

Filer

Filer Name
Cmc Initiative Inc
EIN
46-1052114
Phone
4048614187
Address
PO BOX 52301, ATLANTA, GA 30355

Signing Officer

Name
Eric Odom
Title
President & CEO
Signed
2020-12-16
Discuss with paid preparer
Yes

Organization Details

Formed
2013
Legal Domicile
Ga
Voting Board Members
5
Independent Board Members
4
Employees
3
Volunteers
12

Preparer

Firm
Turner and Patat Pc
Address
1165-A CEDAR SHOALS DR, ATHENS, GA 30605
Preparer
Kelli P Thompson
Phone
7063541212
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt064516
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt07920
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0A DRAFT COPY IS SENT TO THE DIRECTOR FOR REVIEW BY THE ACCOUNTANT. ANY CHANGES ARE DISCUSSED AND REVISED PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS AND FORM 990 ARE AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DOCUMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 18: Explanation of Other Means Forms Available For Public Inspection
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0139650
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IRS990/TypeOfOrganizationCorpInd0X
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IRS990/UponRequestInd0X
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IRS990/USAddress/CityNm0ATLANTA
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IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0www.cmc-initiative.com
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ERIC ODOM
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-12-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CMC INITIATIVE INC
ReturnHeader/Filer/BusinessNameControlTxt0CMCI
ReturnHeader/Filer/EIN0461052114
ReturnHeader/Filer/PhoneNum04048614187
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 52301
ReturnHeader/Filer/USAddress/CityNm0ATLANTA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0GA
ReturnHeader/Filer/USAddress/ZIPCd030355
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0581858240
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TURNER AND PATAT PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01165-A CEDAR SHOALS DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ATHENS
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0GA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd030605
ReturnHeader/PreparerPersonGrp/PhoneNum07063541212
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Kelli P Thompson
ReturnHeader/ReturnTs02020-12-16T03:29:11-08:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-08-01
ReturnHeader/TaxPeriodEndDt02020-07-31
ReturnHeader/TaxYr02019

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