Civic Intelligence

Daniel Morgan Graduate School

990 • Fiscal year 2020 • EIN 47-1178904

Jul 01, 2019 to Jun 30, 2020 • Filed on May 14, 2021

19680 Marino Lake Circle No 2403Miromar Lakes, FL 33913

(617) 899-9007

Siviq Scores

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

Liabilities / Assets

74th percentile

0.46x

Higher debt load relative to assets than 74% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

97th percentile

13.25x

Higher debt load relative to revenue than 97% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

1st percentile

-2855%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$369,929

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 121.8% of source-year revenue.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Asset Growth

1st percentile

-65%

Faster asset growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

1st percentile

-98%

Faster revenue growth than 1% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Assets

Down

$8,685,318

Down $15,914,319 (-65%) from 2019

Net Assets

Down

$4,661,305

Down $13,096,917 (-74%) from 2019

Liabilities

Down

$4,024,013

Down $2,817,402 (-41%) from 2019

Revenue

Down

$303,617

Down $14,988,345 (-98%) from 2019

Expenses

Down

$8,972,171

Down $3,560,401 (-28%) from 2019

Net Income

Down

-$8,668,554

Down $11,427,944 (-414%) from 2019

Historical Trend

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2014: $624,761Liabilities 2014: $1,986Net Assets 2014: $622,7752014Assets 2015: $9,722,105Liabilities 2015: $206,212Net Assets 2015: $9,515,8932015Assets 2016: $15,794,576Liabilities 2016: $2,500,700Net Assets 2016: $13,293,8762016Assets 2017: $19,789,147Liabilities 2017: $4,282,353Net Assets 2017: $15,506,7942017Assets 2018: $23,942,701Liabilities 2018: $8,936,743Net Assets 2018: $15,005,9582018Assets 2019: $24,599,637Liabilities 2019: $6,841,415Net Assets 2019: $17,758,2222019Assets 2020: $8,685,318Liabilities 2020: $4,024,013Net Assets 2020: $4,661,3052020Assets 2021: $4,035,596Liabilities 2021: $139,873Net Assets 2021: $3,895,7232021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022

Highlighted filing

2020

Assets$8,685,318
Liabilities$4,024,013
Net Assets$4,661,305

Operations Trend

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

$20M$10M$0-$10MRevenue 2014: $500,000Expenses 2014: $87,225Net Income 2014: $412,7752014Revenue 2015: $10,141,494Expenses 2015: $1,408,376Net Income 2015: $8,733,1182015Revenue 2016: $7,618,212Expenses 2016: $4,394,528Net Income 2016: $3,223,6842016Revenue 2017: $8,974,039Expenses 2017: $7,173,358Net Income 2017: $1,800,6812017Revenue 2018: $19,121,984Expenses 2018: $19,310,487Net Income 2018: -$188,5032018Revenue 2019: $15,291,962Expenses 2019: $12,532,572Net Income 2019: $2,759,3902019Revenue 2020: $303,617Expenses 2020: $8,972,171Net Income 2020: -$8,668,5542020Revenue 2021: $1,244,090Expenses 2021: $3,424,040Net Income 2021: -$2,179,9502021Revenue 2022: -$88,929Expenses 2022: $714,544Net Income 2022: -$803,4732022

Highlighted filing

2020

Revenue$303,617
Expenses$8,972,171
Net Income-$8,668,554
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
May 14, 2021
Return Version
2019v5.2
Gross Receipts
$1,034,640
Mission and Program Overview

Mission

To educate, train and develop experts and leaders in the national security and intelligence communities. Dma educates students to develop actionable solutions to address global and domestic security challenges.

To educate and prepare future leaders to develop actionable solutions to security challenges.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$7,000,000$0▼ $7,000,000
Investments in Publicly Traded Securities$6,161,319$5,172,664▼ $988,655
Land, Buildings, and Equipment, Net$2,649,147$2,132,637▼ $516,510
Cash and Non-Interest-Bearing Accounts$8,392,289$1,354,243▼ $7,038,046
Prepaid Expenses and Deferred Charges$396,882$25,774▼ $371,108
Accounts Receivable-$0-
Total Assets$24,599,637$8,685,318▼ $15,914,319
Liabilities
Grants Payable$3,446,249--
Other Liabilities$1,044,424$2,914,760▲ $1,870,336
Deferred Revenue$1,481,606--
Unsecured Notes Loans Payable-$672,011-
Accounts Payable and Accrued Expenses$869,136$437,242▼ $431,894
Total Liabilities$6,841,415$4,024,013▼ $2,817,402
Net Assets / Fund Balance
Net Assets With Donor Restrictions$6,161,318$0▼ $6,161,318
Net Assets Without Donor Restrictions$11,596,904$4,661,305▼ $6,935,599
Total Net Assets Fund Balance$17,758,222$4,661,305▼ $13,096,917
Total Liabilities and Net Assets / Fund Balance$24,599,637$8,685,318▼ $15,914,319

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$1,785,798$1,176,982$2,962,780
Other Land Buildings$325,966$223,328$549,294
Equipment$20,873$386,272$407,145

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$6,161,318-▲ $11,346$1,000,000$5,172,664
2018$6,925,862-▲ $235,457$1,000,000$6,161,319
2017$9,219,585-▲ $666,277$2,960,000$6,925,862
2016$8,628,339-▲ $591,246-$9,219,585
2015$8,016,938-▲ $611,401-$8,628,339
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James P CarrollCOOFT$369,929-$369,929
Lisa Arfaa WebsterVice of AdvancementFT$238,604$7,027$245,631
Eric R Eaton CPATreasurer/CFO/acting PresiFT$213,841$27,473$241,314
Steven MeyerDean of Graduate StudiesFT$163,480-$163,480
Jacqueline LindeVice President, EnrollmentFT$146,831$2,909$149,740
Thomas Cynkin PhdVice President, External aFT$134,258$8,029$142,287
Kevin MccartyChair of Md & ProfessorFT$123,400$8,471$131,871
Luke MccabeDirector of Human ResourceFT$107,825$16,732$124,557
William DinelloAssociate Dean of GraduateFT$117,000$6,210$123,210
Michael BuckDirector of Information TechnologyFT$116,756$5,011$121,767
Ronald MarksProfessor of IntelligenceFT$107,476$3,776$111,252

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
BlankromeLegal Counsel130 N18TH STREET, Philadelphia, PA 19103$735,032
Cliftonlarsonallen LLPConsulting1825 23RD ST NW, Washington, DC 20008$250,000
-Accounting Services1966 GREENSPRING DRIVE SUITE 300, Timonium, MD 21093$225,654
-Legal Counsel5638 UTAH AVENUENW, Washington, DC 20015$185,450
Revenue and Support

Revenue Composition

Contributions and Grants
$803
Program Service Revenue
$0
Investment Income
$302,814
Other Revenue
$0
All Other Contributions
$803
Change in Net Assets
$-8,668,554
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,701,537
Salaries, Compensation, and Employee Benefits$3,654,134
Total Fundraising Expense$1,060,650
Grants and Similar Amounts Paid$616,500
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$1,343,158$365,087$265,085$1,973,330
Other Salaries and Wages$1,302,874$353,151$256,128$1,912,153
Current Officers, Directors, Trustees, and Key Employees$823,429$223,231$161,954$1,208,614
Fees for Services Legal$434,948$117,901$85,517$638,366
Fees for Services Other$427,996$116,016$84,150$628,162
Grants to Domestic Individuals$616,500--$616,500
Depreciation Depletion-$421,439-$421,439
Insurance$197,817$53,622$38,894$290,333
Other Employee Benefits$175,688$47,623$34,542$257,853
Fees for Services Accounting$162,467$44,040$31,943$238,450
Payroll Taxes$162,168$43,959$31,885$238,012
Office Expenses$71,144$19,285$13,985$104,414
Information Technology$45,796$12,414$9,004$67,214
Travel$42,523$11,527$8,361$62,411
Pension Plan Contributions$25,553$6,926$5,023$37,502
Advertising$19,063$5,167$3,748$27,978
Conferences and Meetings$18,284$4,956$3,595$26,835
Fees for Service Investment Mgmnt Fees-$21,262-$21,262
Other Expenses$12,289$3,331$2,416$18,036
Interest-$1,017-$1,017
Total Functional Expenses$6,005,900$1,905,621$1,060,650$8,972,171
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
Deferred Rent$1,649,975
Lease Incentive$1,264,785
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
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 B, Line 11B

A copy of the form 990 is provided to the board of trustees after submitting to the irs.

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

To ensure the dma operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, periodic reviews shall be conducted. The periodic reviews shall, at a minimum, include the following: 1)whether compensation arrangements and benefits are reasonable, based on competent survey information and the result of arm's length bargaining. 2)whether partnerships, joint ventures, and arrangements with management conform to dma's written policies, are properly recorded, reflect reasonable investment or payments for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. The board requires annual declarations to demonstrate compliance with conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The compensation is set by the board of trustees. The organization used market analysis from the search firm during the process. This process recently took place in 2018. The compensation is set by the president in the officers' capacities as staff members and not corporate officers. The organization used market analysis from the search firm during the process. This process recently took place in 2018.

Form 990, Part VI, Section C, Line 19

Governing documents, conflict of interest policy and financial statements are made available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Daniel Morgan Academy
EIN
47-1178904
Phone
6178999007
Address
19680 MARINO LAKE CIRCLE NO 2403, MIROMAR LAKES, FL 33913
Doing Business As
Daniel Morgan Graduate School

Signing Officer

Name
James P Carroll
Title
COO
Phone
6178999007
Signed
2021-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
James P Carroll
Formed
2014
Legal Domicile
Dc
Voting Board Members
5
Independent Board Members
5
Employees
61
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
901 NORTH GLEBE ROAD SUITE 200, ARLINGTON, VA 22203
Preparer
J Andrew Smith
Phone
5712279500
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

In early 2020, dmgs and texas a&m signed and agreement in which dmgs will donate all its equipment, software, furniture, and fixtures to texas a&m. As part of texas a&m agreeing to accept dmgs's fixed assets, dmgs' primary financial sponsor diana davis spencer foundation will enter into an agreement with texas a&m to fund the bush school- dc.

FORM 990, PART XI, LINE 9:

Uncollectable pledges -7,000,000. Grant expenses not paid to recipients 2,841,556.

Financial Statement Notes

PART V, LINE 4:

Schedule d, endowment funds: the purpose of the diana davis spencer foundation endowment fund is to provide financial stability and to support the daniel morgan academy's long-term objectives. Thus, the objective of the endowment fund is to maximize returns while at the same time attaining a proper and responsible balance to safety and liquidity. Recognizing that fluctuating rates of return are characteristics of the securities markets and periodic outperformance and underperformance to benchmarks are not uncommon even with top-tier investment managers, maintaining a long-term focus will increase the likelihood of success for the endowment's investment strategy.

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IRS990/Form990PartVIISectionAGrp/PersonNm8MICHAEL BUCK
IRS990/Form990PartVIISectionAGrp/PersonNm9LUKE MCCABE
IRS990/Form990PartVIISectionAGrp/PersonNm10RONALD MARKS
IRS990/Form990PartVIISectionAGrp/PersonNm11ABBY S MOFFAT
IRS990/Form990PartVIISectionAGrp/PersonNm12MARTIN MENDELSOHN
IRS990/Form990PartVIISectionAGrp/PersonNm13MARION BOWMAN
IRS990/Form990PartVIISectionAGrp/PersonNm14SYLVIA NAYLOR PHD
IRS990/Form990PartVIISectionAGrp/PersonNm15CALVIN FREAS
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IRS990/Form990PartVIISectionAGrp/TitleTxt0COO
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE OF ADVANCEMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER/CFO/ACTING PRESI
IRS990/Form990PartVIISectionAGrp/TitleTxt3DEAN OF GRADUATE STUDIES
IRS990/Form990PartVIISectionAGrp/TitleTxt4VICE PRESIDENT, EXTERNAL A
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIR OF MD & PROFESSOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE PRESIDENT, ENROLLMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASSOCIATE DEAN OF GRADUATE
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR OF INFORMATION TECHNOLOGY
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR OF HUMAN RESOURCE
IRS990/Form990PartVIISectionAGrp/TitleTxt10PROFESSOR OF INTELLIGENCE
IRS990/Form990PartVIISectionAGrp/TitleTxt11CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt13TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt14TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt15TRUSTEE
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IRS990/MissionDesc0THE DANIEL MORGAN GRADUATE SCHOOL OF NATIONAL SECURITY EDUCATES AND PREPARES FUTURE LEADERS TO DEVELOP ACTIONABLE SOLUTIONS TO GLOBAL AND DOMESTIC SECURITY CHALLENGES.
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0THE DANIEL MORGAN GRADUATE SCHOOL OF NATIONAL SECURITY EDUCATES AND PREPARES FUTURE LEADERS TO DEVELOP ACTIONABLE SOLUTIONS TO GLOBAL AND DOMESTIC SECURITY CHALLENGES. SCHEDULE A PART IV THIS IS DANIEL MORGAN ACADEMY'S (DMA) SEVENTH TAX YEAR AS A 501(C)(3) ORGANIZATION. ITS PUBLIC SUPPORT IS 30.85%, WHICH IS MORE THAN 10% AND MEETS THE FACTS-AND-CIRCUMSTANCES TEST IN REGULATION SECTION 1.170A-9(F)(3). DMA MAINTAINS A CONTINUOUS AND BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS FROM THE GENERAL PUBLIC AND ORGANIZATIONS WITHIN THE NATIONAL SECURITY AND INTELLIGENCE COMMUNITIES. THE BOARD OF TRUSTEES ARE ACTIVE WITHIN THEIR NETWORK AND ATTEND EVENTS TO RAISE SUPPORT FROM THE PUBLIC, EDUCATIONAL INSTITUTIONS, AND NONPROFIT ORGANIZATIONS. DMA AWARDS GRANTS TO VARIOUS NONPROFIT ORGANIZATIONS CONSISTENT WITH DMA'S MISSION, TO PROMOTE AND INCREASE DMA'S NAME RECOGNITION, AND TO ATTRACT STUDENTS WITHIN THE NATIONAL SECURITY AND INTELLIGENCE COMMUNITIES. SOME OF THE ORGANIZATIONS THAT HAVE RECEIVED DMA GRANTS OVER THE PAST FEW YEARS ARE THE KENNAN INSTITUTE, THE CENTER FOR CYBER AND HOMELAND SECURITY (GEORGE WASHINGTON UNIVERSITY), CARNEGIE ENDOWMENT FOR INTERNATIONAL PEACE, INTERNATIONAL FREEDOM EDUCATIONAL FOUNDATION, THE INSTITUTE FOR RESPONSIBLE CITIZENSHIP, NATIONAL BUREAU FOR ASIAN RESEARCH, PRAGUE SECURITY STUDIES INSTITUTE, YOUNG MARINES NATIONAL FOUNDATION, AND CENTER FOR SECURE AND FREE SOCIETY. DMA AWARDS FULL SCHOLARSHIPS TO GRADUATE STUDENTS TO PREPARE THEM TO BE FUTURE LEADERS THAT CAN DEVELOP ACTIONABLE SOLUTIONS TO GLOBAL AND DOMESTIC SECURITY CHALLENGES. FOR FISCAL YEAR 2020, DMA AWARDED SCHOLARSHIPS AND STIPENDS TO STUDENTS TOTALING $616,500. DMA'S RECRUITMENT DEPARTMENT TRAVELS DURING THE SCHOOL YEAR TO VISIT COLLEGES AND UNIVERSITIES ALL THROUGHOUT THE U.S. TO PROMOTE DMA'S NATIONAL SECURITY PROGRAM TO RECRUIT STUDENTS. IN CONCLUSION, WE BELIEVE THAT THESE FACTS AND CIRCUMSTANCES CLEARLY SHOW THAT DMA HAS A BONA FIDE PROGRAM FOR SOLICITATION OF FUNDS AND WILL BE ABLE TO RAISE ADDITIONAL SOURCES OF SUPPORT WITH THE HELP OF ITS BOARD OF TRUSTEES THAT REPRESENT BROAD INTERESTS OF THE PUBLIC.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, SECTION C, LINE 17A FACTS AND CIRCUMST
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