Civic Intelligence

Minorities Serving Institutions Science Technology Engineering And

990 • Fiscal year 2016 • EIN 47-2220401

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 27, 2017

1275 K Street NW Suite 850Washington, DC 20005

(202) 684-7953

Siviq Scores

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

Liabilities / Assets

65th percentile

0.24x

Higher debt load relative to assets than 65% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

52nd percentile

0.12x

Higher debt load relative to revenue than 52% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

36th percentile

-1.6%

Higher net margin than 36% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

89th percentile

$198,408

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

81st percentile

18%

Faster asset growth than 81% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

79th percentile

24%

Faster revenue growth than 79% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$1,181,049

Up $182,658 (+18%) from 2015

Net Assets

Down

$902,316

Down $37,791 (-4.0%) from 2015

Liabilities

Up

$278,733

Up $220,449 (+378%) from 2015

Revenue

Up

$2,390,343

Up $456,951 (+24%) from 2015

Expenses

Up

$2,428,134

Up $1,434,849 (+144%) from 2015

Net Income

Down

-$37,791

Down $977,898 (-104%) from 2015

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $998,391Liabilities 2015: $58,284Net Assets 2015: $940,1072015Assets 2016: $1,181,049Liabilities 2016: $278,733Net Assets 2016: $902,3162016Assets 2017: $1,534,920Liabilities 2017: $145,132Net Assets 2017: $1,389,7882017Assets 2018: $644,204Liabilities 2018: $259,730Net Assets 2018: $384,4742018Assets 2019: $2,597,681Liabilities 2019: $343,831Net Assets 2019: $2,253,8502019Assets 2020: $3,850,959Liabilities 2020: $231,812Net Assets 2020: $3,619,1472020Assets 2021: $5,452,566Liabilities 2021: $1,760,152Net Assets 2021: $3,692,4142021Assets 2022: $11,647,262Liabilities 2022: $2,138,137Net Assets 2022: $9,509,1252022Assets 2023: $7,211,592Liabilities 2023: $1,397,296Net Assets 2023: $5,814,2962023Assets 2024: $8,123,572Liabilities 2024: $970,933Net Assets 2024: $7,152,6392024Assets 2025: $0Liabilities 2025: $0Net Assets 2025: $02025

Highlighted filing

2016

Assets$1,181,049
Liabilities$278,733
Net Assets$902,316

Operations Trend

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

$15M$10M$5.0M$0-$5.0M-$10MRevenue 2015: $1,933,392Expenses 2015: $993,285Net Income 2015: $940,1072015Revenue 2016: $2,390,343Expenses 2016: $2,428,134Net Income 2016: -$37,7912016Revenue 2017: $2,390,285Expenses 2017: $1,902,813Net Income 2017: $487,4722017Revenue 2018: $1,430,304Expenses 2018: $2,435,618Net Income 2018: -$1,005,3142018Revenue 2019: $4,474,571Expenses 2019: $2,605,195Net Income 2019: $1,869,3762019Revenue 2020: $4,730,786Expenses 2020: $3,365,489Net Income 2020: $1,365,2972020Revenue 2021: $6,739,057Expenses 2021: $6,665,790Net Income 2021: $73,2672021Revenue 2022: $11,743,609Expenses 2022: $5,926,898Net Income 2022: $5,816,7112022Revenue 2023: $4,966,489Expenses 2023: $8,661,318Net Income 2023: -$3,694,8292023Revenue 2024: $8,719,440Expenses 2024: $7,459,120Net Income 2024: $1,260,3202024Revenue 2025: $525,442Expenses 2025: $6,912,775Net Income 2025: -$6,387,3332025

Highlighted filing

2016

Revenue$2,390,343
Expenses$2,428,134
Net Income-$37,791
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 27, 2017
Return Version
2016v3.0
Gross Receipts
$2,390,343
Mission and Program Overview

Mission

To stimulate and promote advancement in the fields of science technology engineering and mathematics in minority-serving institutions.

To stimulate and promote advancement in the fields of science, technology, engineering and mathematics in minority-serving institutions.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$506,033$958,014▲ $451,981
Rtn Earn Endowment Incm Other Fnds$940,107$902,316▼ $37,791
Pledges and Grants Receivable$492,358$223,035▼ $269,323
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$998,391$1,181,049▲ $182,658
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$58,284$278,733▲ $220,449
Total Liabilities$58,284$278,733▲ $220,449
Net Assets / Fund Balance
Total Net Assets Fund Balance$940,107$902,316▼ $37,791
Total Liabilities and Net Assets / Fund Balance$998,391$1,181,049▲ $182,658
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Michael J HesterPresident & CEOFT$198,408$198,408
Richard C HackneyChairman-$57,548$57,548

Board Members and Trustees

NameTitle
Isiah WarnerBoard Member
Lonnie JohnsonBoard Member
Lueny MorrellBoard Member
Mabel Jones MatthewsSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$2,254,086
Program Service Revenue
$0
Investment Income
$312
Other Revenue
$135,945
Change in Net Assets
$-37,791
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,933,696
Salaries, Compensation, and Employee Benefits$494,438
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$78,000$122,814-$200,814
Current Officers, Directors, Trustees, and Key Employees-$198,408-$198,408
Other Employee Benefits$18,985$49,115-$68,100
Payroll Taxes$5,886$21,230-$27,116
Fees for Services Accounting-$22,848-$22,848
Fees for Services Legal-$9,955-$9,955
Travel-$9,065-$9,065
Insurance-$4,717-$4,717
Information Technology-$4,043-$4,043
Conferences and Meetings-$3,848-$3,848
Office Expenses-$3,837-$3,837
Other Expenses$1,573,754$2,042-$2,042
Occupancy-$1,551-$1,551
All Other Expenses-$1,230-$1,230
Total Functional Expenses$1,676,625$751,509$0$2,428,134
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
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
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
No

Governance Explanations

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

No review was or will be conducted.

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

BY REQUEST.

Filing and Contact Details

Filer

Filer Name
Msi Stem Research & Development
EIN
47-2220401
Phone
2026847953
Address
1275 K STREET NW SUITE 850, WASHINGTON, DC 20005

Signing Officer

Name
Michael J Hester
Title
President & CEO
Signed
2017-10-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael J Hester
Formed
2014
Legal Domicile
Dc
Voting Board Members
6
Independent Board Members
6
Employees
3

Preparer

Firm
Abrams Foster Nole & Williams Pa
Address
2 Hamill Rd Suite 241 West Quadrang, Baltimore, MD 21210-1886
Preparer
Gerald Abrams
Phone
4104336830
Raw XML Appendix389 raw XML fields

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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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04292335
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IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
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IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL J HESTER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President & CEO
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IRS990ScheduleJ/SeverancePaymentInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BY REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalRevenueGrp/ExclusionAmt0136257
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02390343
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IRS990/TransactionWithControlEntInd0false
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IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.MSRDCONSORTIUM.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL J HESTER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President & CEO
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-10-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MSI STEM RESEARCH & DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CONSORTIUM
ReturnHeader/Filer/BusinessNameControlTxt0MSIS
ReturnHeader/Filer/EIN0472220401
ReturnHeader/Filer/PhoneNum02026847953
ReturnHeader/Filer/USAddress/AddressLine1Txt01275 K STREET NW SUITE 850
ReturnHeader/Filer/USAddress/CityNm0WASHINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DC
ReturnHeader/Filer/USAddress/ZIPCd020005
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ABRAMS FOSTER NOLE & WILLIAMS PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 Hamill Rd Suite 241 West Quadrang
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Baltimore
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0212101886
ReturnHeader/PreparerPersonGrp/PhoneNum04104336830
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GERALD ABRAMS
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02017-10-27T06:34:36-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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