Civic Intelligence

Inner Arbor Trust Inc.

990 • Fiscal year 2014 • EIN 46-2748824

May 01, 2013 to Apr 30, 2014 • Filed on Sep 23, 2014

10630 Little Patuxent Parkway No315Columbia, MD 21044

(410) 740-0029

Siviq Scores

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

Liabilities / Assets

61st percentile

0.21x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

64th percentile

0.23x

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

98th percentile

86%

Higher net margin than 98% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

45th percentile

$51,642

Higher top officer pay than 45% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

$1,880,349

No earlier filing loaded for comparison.

Net Assets

$1,478,356

No earlier filing loaded for comparison.

Liabilities

$401,993

No earlier filing loaded for comparison.

Revenue

$1,720,664

No earlier filing loaded for comparison.

Expenses

$242,308

No earlier filing loaded for comparison.

Net Income

$1,478,356

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2014: $1,880,349Liabilities 2014: $401,993Net Assets 2014: $1,478,3562014Assets 2015: $2,041,007Liabilities 2015: $91,858Net Assets 2015: $1,949,1492015Assets 2016: $4,509,340Liabilities 2016: $741,248Net Assets 2016: $3,768,0922016Assets 2017: $8,688,670Liabilities 2017: $854,330Net Assets 2017: $7,834,3402017Assets 2018: $7,907,515Liabilities 2018: $249,363Net Assets 2018: $7,658,1522018Assets 2019: $7,947,465Liabilities 2019: $239,928Net Assets 2019: $7,707,5372019Assets 2020: $8,099,648Liabilities 2020: $163,951Net Assets 2020: $7,935,6972020Assets 2021: $7,874,075Liabilities 2021: $268,856Net Assets 2021: $7,605,2192021Assets 2022: $7,920,262Liabilities 2022: $660,966Net Assets 2022: $7,259,2962022Assets 2023: $8,394,987Liabilities 2023: $874,372Net Assets 2023: $7,520,6152023Assets 2024: $8,479,666Liabilities 2024: $603,768Net Assets 2024: $7,875,8982024Assets 2025: $8,246,823Liabilities 2025: $362,387Net Assets 2025: $7,884,4362025

Highlighted filing

2014

Assets$1,880,349
Liabilities$401,993
Net Assets$1,478,356

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $1,720,664Expenses 2014: $242,308Net Income 2014: $1,478,3562014Revenue 2015: $713,829Expenses 2015: $243,036Net Income 2015: $470,7932015Revenue 2016: $2,004,058Expenses 2016: $185,116Net Income 2016: $1,818,9422016Revenue 2017: $3,334,711Expenses 2017: $168,163Net Income 2017: $3,166,5482017Revenue 2018: $305,920Expenses 2018: $482,108Net Income 2018: -$176,1882018Revenue 2019: $543,540Expenses 2019: $494,155Net Income 2019: $49,3852019Revenue 2020: $873,836Expenses 2020: $646,140Net Income 2020: $227,6962020Revenue 2021: $225,387Expenses 2021: $555,865Net Income 2021: -$330,4782021Revenue 2022: $849,361Expenses 2022: $1,195,284Net Income 2022: -$345,9232022Revenue 2023: $1,344,258Expenses 2023: $1,082,939Net Income 2023: $261,3192023Revenue 2024: $448,267Expenses 2024: $772,992Net Income 2024: -$324,7252024Revenue 2025: $495,094Expenses 2025: $627,996Net Income 2025: -$132,9022025

Highlighted filing

2014

Revenue$1,720,664
Expenses$242,308
Net Income$1,478,356
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Sep 23, 2014
Return Version
2013v3.0
Gross Receipts
$1,720,664
Mission and Program Overview

Mission

The Mission of the Inner Arbor Trust is to promote and nurture a park in a unique natural setting for a variety of arts and culture experiences that enrich the entire community. The Inner Arbor Trust realizes this mission by preserving and enhancing open space and providing arts and culture performances.

To provide arts and community improvement projects and educational activities in howard county, maryland

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$0$1,478,356▲ $1,478,356
Cash and Non-Interest-Bearing Accounts$0$389,518▲ $389,518
Pledges and Grants Receivable$0$13,119▲ $13,119
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$0$1,880,349▲ $1,880,349
Other Assets Total$0$1,477,712▲ $1,477,712
Liabilities
Accounts Payable and Accrued Expenses-$398,894-
Deferred Revenue-$3,099-
Total Liabilities$0$401,993▲ $401,993
Net Assets / Fund Balance
Total Net Assets Fund Balance$0$1,478,356▲ $1,478,356
Total Liabilities and Net Assets / Fund Balance$0$1,880,349▲ $1,880,349

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,477,712--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Michael S MccallPresident & CEOFT$51,642$51,642

Board Members and Trustees

NameTitle
Edward T ColemanAppointed Director
Gregg M SchwindAppointed Director
Deborah Aaronson EllinghausDirector
Martin G Knott JrDirector
W Gill WylieDirector
Phillip L NelsonEx Officio Director
Beverly J White-sealsSecretary and Director
Rafia P SiddiquiCFO and Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,720,020
Program Service Revenue
$0
Investment Income
$644
Other Revenue
$0
All Other Contributions
$1,423,119
Change in Net Assets
$1,478,356

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,720,664
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$1,720,664
Total Revenue per Form 990
$1,720,664
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$242,308
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
Fees for Services Legal$95,653--$95,653
Fees for Services Management$67,600--$67,600
Travel$17,925--$17,925
Advertising$14,905--$14,905
Fees for Services Accounting$2,100$6,992-$9,092
Insurance-$6,706-$6,706
Other Expenses$6,600$2,077-$2,077
Office Expenses-$1,346-$1,346
Conferences and Meetings$317--$317
Total Functional Expenses$205,100$37,208$0$242,308

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$242,308
Total Expenses per Audited Statements$242,308
Total Expenses per Form 990$242,308
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
-Leadership and Management Services, Office and Equipment Use, EtcMonth to Month Contract Between the Trust and Strategic Leisure, Inc.No$240,000
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 3

The trust contracts with strategic leisure, inc. For leadership and management services, office and equipment use, technology services and administrative services. The president of strategic leisure, inc. Is also the executive manager of the trust. The trust board engaged and relied upon an independent compensation consultant specializing in compensation for not-for-profit organizations, who reviewed and opined with regard to the appropriateness of strategic leisure's fee for managing the trust's operations.

Form 990, Part VI, Section A, Line 7A

According to the trust's bylaws, the columbia association, inc., an independently operated 501(c)(4) association, maintains a minority representation on the trust's 7 member board of directors through two appointed voting members, and one ex-officio voting member.

Form 990, Part VI, Section B, Line 11

The board reviews the form 990 before it is filed.

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

Members must read and review the conflict of interest policy at the begining of the term.

Form 990, Part VI, Section B, Line 15

There are no compensated officers or directors.

Form 990, Part VI, Section C, Line 19

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

Filing and Contact Details

Filer

EIN
46-2748824
Phone
4107400029

Signing Officer

Name
Michael Mccall
Title
President & CEO
Phone
4107400029
Signed
2014-09-23
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Mccall
Formed
2013
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
0

Preparer

Preparer
Kelli L Miller CPA
Phone
4103396464
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Income taxes - the trust is exempt from federal and state income taxes under internal revenue code section 501(c)(3) as an organization, other than a private foundation, as described in section 509(a). Accordingly, no provision for income tax is included in these financial statements. The trust is not a private foundation. The trust has no open statute years for income tax examinations by tax authorities as it is a newly established entity. The trust did not have any unrecognized tax benefits as of april 30, 2014 and does not expect this to change significantly over the next twelve months. The trust will recognize interest and penalties accrued on any unrecognized tax benefits as a component of income tax expense. As of april 30, 2014, the trust has not accrued interest or penalties related to uncertain tax positions.

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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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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0INCOME TAXES - THE TRUST IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AS AN ORGANIZATION, OTHER THAN A PRIVATE FOUNDATION, AS DESCRIBED IN SECTION 509(A). ACCORDINGLY, NO PROVISION FOR INCOME TAX IS INCLUDED IN THESE FINANCIAL STATEMENTS. THE TRUST IS NOT A PRIVATE FOUNDATION. THE TRUST HAS NO OPEN STATUTE YEARS FOR INCOME TAX EXAMINATIONS BY TAX AUTHORITIES AS IT IS A NEWLY ESTABLISHED ENTITY. THE TRUST DID NOT HAVE ANY UNRECOGNIZED TAX BENEFITS AS OF APRIL 30, 2014 AND DOES NOT EXPECT THIS TO CHANGE SIGNIFICANTLY OVER THE NEXT TWELVE MONTHS. THE TRUST WILL RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX BENEFITS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF APRIL 30, 2014, THE TRUST HAS NOT ACCRUED INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01477712
IRS990ScheduleD/TotalExpensesPerForm990Amt0242308
IRS990ScheduleD/TotalRevenuePerForm990Amt01720664
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01720664
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0242308
IRS990/ScheduleJRequiredInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine10STRATEGIC LEISURE INC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0LEADERSHIP AND MANAGEMENT SERVICES, OFFICE AND EQUIPMENT USE, ETC
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd00
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0240000
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0MONTH TO MONTH CONTRACT BETWEEN THE TRUST AND STRATEGIC LEISURE, INC.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST CONTRACTS WITH STRATEGIC LEISURE, INC. FOR LEADERSHIP AND MANAGEMENT SERVICES, OFFICE AND EQUIPMENT USE, TECHNOLOGY SERVICES AND ADMINISTRATIVE SERVICES. THE PRESIDENT OF STRATEGIC LEISURE, INC. IS ALSO THE EXECUTIVE MANAGER OF THE TRUST. THE TRUST BOARD ENGAGED AND RELIED UPON AN INDEPENDENT COMPENSATION CONSULTANT SPECIALIZING IN COMPENSATION FOR NOT-FOR-PROFIT ORGANIZATIONS, WHO REVIEWED AND OPINED WITH REGARD TO THE APPROPRIATENESS OF STRATEGIC LEISURE'S FEE FOR MANAGING THE TRUST'S OPERATIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCORDING TO THE TRUST'S BYLAWS, THE COLUMBIA ASSOCIATION, INC., AN INDEPENDENTLY OPERATED 501(C)(4) ASSOCIATION, MAINTAINS A MINORITY REPRESENTATION ON THE TRUST'S 7 MEMBER BOARD OF DIRECTORS THROUGH TWO APPOINTED VOTING MEMBERS, AND ONE EX-OFFICIO VOTING MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3MEMBERS MUST READ AND REVIEW THE CONFLICT OF INTEREST POLICY AT THE BEGINING OF THE TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO COMPENSATED OFFICERS OR DIRECTORS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE TRUST MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsEOYAmt01880349
IRS990/TotalAssetsGrp/BOYAmt00
IRS990/TotalAssetsGrp/EOYAmt01880349
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt01720020
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt037208
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0205100
IRS990/TotalFunctionalExpensesGrp/TotalAmt0242308
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt0401993
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0401993
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01478356
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0205100
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0644
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01720664
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01880349
IRS990/TotReportableCompRltdOrgAmt051642
IRS990/TravelGrp/ProgramServicesAmt017925
IRS990/TravelGrp/TotalAmt017925
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1010630 LITTLE PATUXENT PARKWAY NO
IRS990/USAddress/AddressLine20315
IRS990/USAddress/City0COLUMBIA
IRS990/USAddress/State0MD
IRS990/USAddress/ZIPCode021044
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0HTTP://INARTRUST.ORG/
IRS990/WhistleblowerPolicyInd01
ReasonableCauseExplanation/ExplanationTxt0WORKING WITH THE IRS TO RESOLVE AN ELECTRONIC FILING PROBLEM WITH THE IRS E-FILE DATABASE. THE ORGANIZATION ORIGINALLY ATTEMPTED TO E-FILE AND CONTACTED THE IRS FOR ASSISTANCE BEFORE THE FILING DEADLINE.
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL MCCALL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT & CEO
ReturnHeader/BusinessOfficerGrp/PhoneNum04107400029
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-23
ReturnHeader/Filer/BusinessName/BusinessNameLine10INNER ARBOR TRUST INC
ReturnHeader/Filer/BusinessNameControlTxt0INNE
ReturnHeader/Filer/EIN0462748824
ReturnHeader/Filer/PhoneNum04107400029
ReturnHeader/Filer/USAddress/AddressLine1010630 LITTLE PATUXENT PARKWAY NO
ReturnHeader/Filer/USAddress/AddressLine20315
ReturnHeader/Filer/USAddress/City0COLUMBIA
ReturnHeader/Filer/USAddress/State0MD
ReturnHeader/Filer/USAddress/ZIPCode021044
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521162023
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WEYRICH CRONIN & SORRA CHARTERED
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101301 YORK ROAD SUITE 800
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0LUTHERVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode021093
ReturnHeader/PreparerPersonGrp/PhoneNum04103396464
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KELLI L MILLER CPA
ReturnHeader/ReturnTs02014-09-23T08:18:04-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-05-01
ReturnHeader/TaxPeriodEndDt02014-04-30
ReturnHeader/TaxYr02013

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