Civic Intelligence

Inner Arbor Trust Inc.

990 • Fiscal year 2024 • EIN 46-2748824

May 01, 2023 to Apr 30, 2024 • Filed on Mar 18, 2025

5430 Vantage Point Rd Ste AColumbia, MD 21044

(443) 832-3223

Siviq Scores

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

Liabilities / Assets

41st percentile

0.07x

Higher debt load relative to assets than 41% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

1.35x

Higher debt load relative to revenue than 88% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

4th percentile

-72%

Higher net margin than 4% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

27th percentile

$60,000

Higher top officer pay than 27% of similar nonprofits.

Top officer pay equals 13.4% of source-year revenue.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

37th percentile

1.0%

Faster asset growth than 37% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

3rd percentile

-67%

Faster revenue growth than 3% of similar nonprofits.

2024 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$8,479,666

Up $84,679 (+1.0%) from 2023

Net Assets

Up

$7,875,898

Up $355,283 (+4.7%) from 2023

Liabilities

Down

$603,768

Down $270,604 (-31%) from 2023

Revenue

Down

$448,267

Down $895,991 (-67%) from 2023

Expenses

Down

$772,992

Down $309,947 (-29%) from 2023

Net Income

Down

-$324,725

Down $586,044 (-224%) from 2023

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

2024

Assets$8,479,666
Liabilities$603,768
Net Assets$7,875,898

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

2024

Revenue$448,267
Expenses$772,992
Net Income-$324,725
Jump To
Filing Snapshot
Filing Period
May 1, 2023 to Apr 30, 2024
Signed
Mar 18, 2025
Return Version
2023v6.0
Gross Receipts
$448,267
Mission and Program Overview

Mission

Develop and revitalize open space, known as symphony woods, owned by columbia association (an independently operated 501(c)(4) association), and with howard county, md in order to present it as a public park.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$8,338,115$7,691,501▼ $646,614
Cash and Non-Interest-Bearing Accounts$983,617$747,165▼ $236,452
Accounts Receivable$21,779$21,000▼ $779
Pledges and Grants Receivable$20,000$20,000→ $0
Prepaid Expenses and Deferred Charges$13,708$0▼ $13,708
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$9,377,219$8,479,666▼ $897,553
Other Assets Total$0$0→ $0
Liabilities
Unsecured Notes Loans Payable$362,807$362,387▼ $420
Accounts Payable and Accrued Expenses$247,461$241,381▼ $6,080
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$610,268$603,768▼ $6,500
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,916,951$7,025,898▼ $891,053
Net Assets With Donor Restrictions$850,000$850,000→ $0
Total Net Assets Fund Balance$8,766,951$7,875,898▼ $891,053
Total Liabilities and Net Assets / Fund Balance$9,377,219$8,479,666▼ $897,553

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,683,196$1,110,564$0
Other Land Buildings$0$0$0
Land$0-$0
Equipment$8,305$700$0
Leasehold Improvements$0$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nina BasuPresident CEOPT$60,000$60,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$69,471
Program Service Revenue
$378,784
Investment Income
$0
Other Revenue
$12
All Other Contributions
$9,926
Change in Net Assets
$-324,725
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$630,000
Salaries, Compensation, and Employee Benefits$142,992
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$169,994$0$0$169,994
Other Salaries and Wages$76,518$0$0$76,518
Insurance$0$67,553$0$67,553
Current Officers, Directors, Trustees, and Key Employees$30,000$30,000$0$60,000
Fees for Services Accounting$0$37,890$0$37,890
Interest$0$34,686$0$34,686
Payroll Taxes$6,474$0$0$6,474
Office Expenses$0$5,268$0$5,268
Total Functional Expenses$597,595$175,397$0$772,992
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
Yes
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

Part VI, Line 7A

| Class of the Person: Nature of their rights:| Columbia Association Appoints 2 directors and 1 employee as voting ex officio director|

Part VI, Line 11B

Review by accountant and management. Email copy of draft sent to board of directors.

Part VI, Line 12C

At the beginning of each year and when a new director is appointed the directors review and sign the conflict of interest policy. At each meeting the chair reminds the board of the policy and asks at the beginning of the meeting for a statement of any conflict.

Part VI, Line 15

| Name of the Person: The process used to establish compensation of the person who served in:| The year in which this process was last undertaken:| Nina Basu Review of compensation outside counsel review 2017|

Part VI, Line 19

Available on the website or by request

Filing and Contact Details

Filer

Filer Name
Inner Arbor Trust Inc
EIN
46-2748824
In Care Of
% Nina Basu
Phone
4438323223
Address
5430 VANTAGE POINT RD STE A, COLUMBIA, MD 21044

Signing Officer

Name
Nina Basu
Title
President & CEO
Signed
2025-03-18

Organization Details

Principal Officer
Nina Basu
Formed
2013
Legal Domicile
Md
Voting Board Members
7
Independent Board Members
7
Employees
7
Volunteers
15
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IRS990/GrossReceiptsAmt0448267
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IRS990/GrossRentsGrp/RealAmt00
IRS990/GrossSalesOfInventoryAmt00
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IRS990/IndependentVotingMemberCnt07
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InformationTechnologyGrp/FundraisingAmt00
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt00
IRS990/InformationTechnologyGrp/ProgramServicesAmt00
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt067553
IRS990/InsuranceGrp/ProgramServicesAmt00
IRS990/InsuranceGrp/TotalAmt067553
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/FundraisingAmt00
IRS990/InterestGrp/ManagementAndGeneralAmt034686
IRS990/InterestGrp/ProgramServicesAmt00
IRS990/InterestGrp/TotalAmt034686
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
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IRS990/IRPDocumentCnt05
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0646614
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08338115
IRS990/LandBldgEquipBasisNetGrp/EOYAmt07691501
IRS990/LandBldgEquipCostOrOtherBssAmt08338115
IRS990/LegalDomicileStateCd0MD
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IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt00
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IRS990/MissionDesc0The 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.
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IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt07916951
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IRS990/OfficerMailingAddressInd0false
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IRS990/OtherLiabilitiesGrp/BOYAmt00
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IRS990/OtherRevenueMiscGrp/UnrelatedBusinessRevenueAmt00
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IRS990/OtherRevenueTotalAmt012
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt00
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt076518
IRS990/OtherSalariesAndWagesGrp/TotalAmt076518

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