Civic Intelligence

Inner Arbor Trust Inc.

990 • Fiscal year 2019 • EIN 46-2748824

May 01, 2018 to Apr 30, 2019 • Filed on Jun 21, 2021

5430 VANTAGE ROAD Room AColumbia, MD 21044

(410) 935-9279

Siviq Scores

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

Liabilities / Assets

27th percentile

0.03x

Higher debt load relative to assets than 27% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

70th percentile

0.44x

Higher debt load relative to revenue than 70% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

65th percentile

9.1%

Higher net margin than 65% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

28th percentile

$69,000

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 12.7% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

39th percentile

0.5%

Faster asset growth than 39% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

93rd percentile

78%

Faster revenue growth than 93% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$7,947,465

Up $39,950 (+0.5%) from 2018

Net Assets

Up

$7,707,537

Up $49,385 (+0.6%) from 2018

Liabilities

Down

$239,928

Down $9,435 (-3.8%) from 2018

Revenue

Up

$543,540

Up $237,620 (+78%) from 2018

Expenses

Up

$494,155

Up $12,047 (+2.5%) from 2018

Net Income

Up

$49,385

Up $225,573 (+128%) from 2018

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

2019

Assets$7,947,465
Liabilities$239,928
Net Assets$7,707,537

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

2019

Revenue$543,540
Expenses$494,155
Net Income$49,385
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Jun 21, 2021
Return Version
2018v3.3
Gross Receipts
$543,540
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 develp and revitalize open space, known as symphony woods, as a public park

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$7,752,942$7,735,948▼ $16,994
Savings and Temporary Cash Investments$72,277$141,151▲ $68,874
Pledges and Grants Receivable$45,000$40,000▼ $5,000
Prepaid Expenses and Deferred Charges$36,066$20,238▼ $15,828
Cash and Non-Interest-Bearing Accounts$880$9,778▲ $8,898
Total Assets$7,907,515$7,947,465▲ $39,950
Other Assets Total$350$350→ $0
Liabilities
Unsecured Notes Loans Payable$129,364$120,929▼ $8,435
Accounts Payable and Accrued Expenses$119,999$118,999▼ $1,000
Total Liabilities$249,363$239,928▼ $9,435
Net Assets / Fund Balance
Unrestricted Net Assets$7,658,152$7,707,537▲ $49,385
Total Net Assets Fund Balance$7,658,152$7,707,537▲ $49,385
Total Liabilities and Net Assets / Fund Balance$7,907,515$7,947,465▲ $39,950

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,735,948$319,389$8,055,337
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nina Basu EsqPresident CEOFT$69,000$69,000

Board Members and Trustees

NameTitle
Lin EaganChair
Eric MetzmanDirector
Mary Ann ScullyDirector
Milton W MatthewsEx Officio Director
David ScimarelliDirecotr
Gregg M SchwindSecretary
Kirsten CoombsTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$273,368
Program Service Revenue
$270,060
Investment Income
$112
Other Revenue
$0
All Other Contributions
$43,368
Change in Net Assets
$49,385
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$434,155
Salaries, Compensation, and Employee Benefits$60,000
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$170,241--$170,241
Depreciation Depletion-$161,166-$161,166
Current Officers, Directors, Trustees, and Key Employees$30,000$30,000-$60,000
Insurance-$47,295-$47,295
Fees for Services Legal-$23,547-$23,547
Fees for Services Accounting-$15,888-$15,888
Advertising$8,933--$8,933
Occupancy$3,500--$3,500
Office Expenses$2,692--$2,692
Information Technology-$510-$510
Travel$383--$383
Total Functional Expenses$215,749$278,406$0$494,155
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Federal income taxes-
Governance and Compliance

Governance Checklist

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

Governance Explanations

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

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

Form 990, Part VI, Section B, Line 11B

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 beginning of the term.

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

See Attached Statement

Form 990, Part VI, Section B, Line 15

Compensation is voted on and approved by the board. The employment contract is then reviewed by outside counsel prior to signing.

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

Filer Name
Inner Arbor Trust Inc
EIN
46-2748824
Phone
4109359279
Address
5430 VANTAGE ROAD Room A, COLUMBIA, MD 21044

Signing Officer

Name
Nina Basu
Title
President
Signed
2021-06-21
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nina Basu
Formed
2013
Legal Domicile
Md
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Columbia Accounting and Tax Services
Address
5921 NORWAY CT, COLUMBIA, MD 21044
Preparer
Umesh K Pokhrel CPA Mba
Phone
4437411970
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt02003935
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0713630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt06309888
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0112
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt084
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt051
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0123
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0199
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0569
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt04623
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/OtherIncome170Grp/TotalAmt04673
IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/PublicSupportCY509Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt06309888
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0298368
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0117545
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt03176410
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt02003935
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0713630
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt06309888
IRS990ScheduleA/TotalSupportAmt06315130
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/BuildingsGrp/BookValueAmt07735948
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0319389
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt08055337
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Federal income taxes
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Financial derivatives and other financial products
IRS990ScheduleD/OtherSecuritiesGrp/Desc1Closely-held equity interests
IRS990ScheduleD/TotalAcreageCnt051.00
IRS990ScheduleD/TotalBookValueLandBuildingsAmt07735948
IRS990ScheduleD/TotalEasementsCnt01
IRS990ScheduleD/WrittenPolicyMonitoringInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACCORDING TO THE TRUSTS BYLAWS, THE COLUMBIA ASSOCIATION, INC. AN INDEPENDENTLY OPERATED 501 C 4 ASSOCIATION, MAINTAINS A MINORITY REPRESENTATION ON THE TRUSTS 7 MEMBER BOARD OF DIRECTORS THROUGH TWO APPOINTED VOTING MEMBERS, AND ONE EX-OFFICIO VOTING MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD REVIEWS THE FORM 990 BEFORE IT IS FILED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MEMBERS MUST READ AND REVIEW THE CONFLICT OF INTEREST POLICY AT THE BEGINNING OF THE TERM.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3See Attached Statement
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION IS VOTED ON AND APPROVED BY THE BOARD. THE EMPLOYMENT CONTRACT IS THEN REVIEWED BY OUTSIDE COUNSEL PRIOR TO SIGNING.
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 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section B, Line 12C
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/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt07907515
IRS990/TotalAssetsEOYAmt07947465
IRS990/TotalAssetsGrp/BOYAmt07907515
IRS990/TotalAssetsGrp/EOYAmt07947465
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0273368
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0278406
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0215749
IRS990/TotalFunctionalExpensesGrp/TotalAmt0494155
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0249363
IRS990/TotalLiabilitiesEOYAmt0239928
IRS990/TotalLiabilitiesGrp/BOYAmt0249363
IRS990/TotalLiabilitiesGrp/EOYAmt0239928
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07658152
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07707537
IRS990/TotalProgramServiceExpensesAmt0215749
IRS990/TotalProgramServiceRevenueAmt0270060
IRS990/TotalReportableCompFromOrgAmt069000
IRS990/TotalRevenueGrp/ExclusionAmt0112
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0270060
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0543540
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07907515
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07947465
IRS990/TravelGrp/ProgramServicesAmt0383
IRS990/TravelGrp/TotalAmt0383
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt07658152
IRS990/UnrestrictedNetAssetsGrp/EOYAmt07707537
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt0129364
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt0120929
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt05430 VANTAGE POINT ROAD STE A
IRS990/USAddress/CityNm0COLUMBIA
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021044
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.innerarbortrust.com
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NINA BASU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-06-21
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0INNER ARBOR TRUST INC
ReturnHeader/Filer/BusinessNameControlTxt0INNE
ReturnHeader/Filer/EIN0462748824
ReturnHeader/Filer/PhoneNum04109359279
ReturnHeader/Filer/USAddress/AddressLine1Txt05430 VANTAGE ROAD Room A
ReturnHeader/Filer/USAddress/CityNm0COLUMBIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021044
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0COLUMBIA ACCOUNTING AND TAX SERVICES
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt05921 NORWAY CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0COLUMBIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021044
ReturnHeader/PreparerPersonGrp/PhoneNum04437411970
ReturnHeader/PreparerPersonGrp/PreparationDt02021-06-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0UMESH K POKHREL CPA MBA
ReturnHeader/ReturnTs02021-06-21T10:26:01-00:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-05-01

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