Civic Intelligence

Centennial Parkside CDC

990 • Fiscal year 2019 • EIN 47-4815728

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 28, 2020

PO Box 28050Philadelphia, PA 19131

(267) 225-8356

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

28th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Net Margin

92nd percentile

51%

Higher net margin than 92% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

50th percentile

$0

Higher top officer pay than 50% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2019

Asset Growth

89th percentile

55%

Faster asset growth than 89% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

23rd percentile

-11%

Faster revenue growth than 23% of similar nonprofits.

2019 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$737,463

Up $260,219 (+55%) from 2018

Net Assets

Up

$737,463

Up $260,219 (+55%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$511,290

Down $61,687 (-11%) from 2018

Expenses

Up

$251,071

Up $99,212 (+65%) from 2018

Net Income

Down

$260,219

Down $160,899 (-38%) from 2018

Historical Trend

Balance Sheet Trend

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

$1.5M$1.0M$500K$0Assets 2016: $111,446Liabilities 2016: $28,753Net Assets 2016: $82,6932016Assets 2017: $56,245Liabilities 2017: $119Net Assets 2017: $56,1262017Assets 2018: $477,244Liabilities 2018: $0Net Assets 2018: $477,2442018Assets 2019: $737,463Liabilities 2019: $0Net Assets 2019: $737,4632019Assets 2020: $1,116,571Liabilities 2020: $128,856Net Assets 2020: $987,7152020Assets 2021: $942,290Liabilities 2021: $123,701Net Assets 2021: $818,5892021Assets 2022: $1,054,159Liabilities 2022: $273,764Net Assets 2022: $780,3952022Assets 2023: $1,182,481Liabilities 2023: $224,300Net Assets 2023: $958,1812023Assets 2024: $1,210,722Liabilities 2024: $209,797Net Assets 2024: $1,000,9252024

Highlighted filing

2019

Assets$737,463
Liabilities$0
Net Assets$737,463

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2016: $110,412Expenses 2016: $28,803Net Income 2016: $81,6092016Revenue 2017: $59,943Expenses 2017: $86,510Net Income 2017: -$26,5672017Revenue 2018: $572,977Expenses 2018: $151,859Net Income 2018: $421,1182018Revenue 2019: $511,290Expenses 2019: $251,071Net Income 2019: $260,2192019Revenue 2020: $524,711Expenses 2020: $274,459Net Income 2020: $250,2522020Revenue 2021: $310,858Expenses 2021: $479,984Net Income 2021: -$169,1262021Revenue 2022: $468,133Expenses 2022: $506,327Net Income 2022: -$38,1942022Revenue 2023: $812,649Expenses 2023: $634,863Net Income 2023: $177,7862023Revenue 2024: $930,546Expenses 2024: $887,802Net Income 2024: $42,7442024

Highlighted filing

2019

Revenue$511,290
Expenses$251,071
Net Income$260,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 28, 2020
Return Version
2019v5.1
Gross Receipts
$511,290
Mission and Program Overview

Mission

Our mission is to preserve,

Our mission is to preserve, promote and revitalize east parkside through partnerships with businesses and institutions and programs that engage residents, increase opportunity, and grow a diverse, thriving community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$372,096$499,849▲ $127,753
Cash and Non-Interest-Bearing Accounts$88,851$232,614▲ $143,763
Land, Buildings, and Equipment, Net$15,797$5,000▼ $10,797
Prepaid Expenses and Deferred Charges$500--
Total Assets$477,244$737,463▲ $260,219
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$374,727$536,667▲ $161,940
Net Assets Without Donor Restrictions$102,517$200,796▲ $98,279
Total Net Assets Fund Balance$477,244$737,463▲ $260,219
Total Liabilities and Net Assets / Fund Balance$477,244$737,463▲ $260,219

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$0$47,392$47,392
Buildings$5,000$0$5,000
Land$0--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Alexandra McfaddenPresident
Joyce SmithVice President
Christopher ScottTrustee
Juanita McfaddenTrustee
Kenneth WoodsonTrustee
Lorraine GomezTrustee
Nancy BoydTrustee
Ryan SchumannFinancial Secretary
Ronald ColemanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$489,142
Program Service Revenue
$21,992
Investment Income
$144
Other Revenue
$12
All Other Contributions
$439,142
Change in Net Assets
$260,219

Audited Revenue Reconciliation

Revenue per Audited Statements
$511,290
Total Revenue per Audited Statements
$511,290
Total Revenue per Form 990
$511,290
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$126,746
Salaries, Compensation, and Employee Benefits$124,325
Total Fundraising Expense$11,413
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$41,077$65,039$7,987$114,103
Fees for Services Other$26,301$0$0$26,301
Depreciation Depletion$5,687$9,004$1,106$15,797
Payroll Taxes$3,680$5,826$716$10,222
Fees for Services Accounting$0$7,192$0$7,192
Insurance$2,552$4,042$496$7,090
All Other Expenses$1,412$4,439$275$6,126
Occupancy$1,551$2,455$301$4,307
Other Expenses$1,373$2,174$267$3,814
Office Expenses$850$1,347$165$2,362
Travel$0$1,507$0$1,507
Advertising$0$747$100$847
Total Functional Expenses$130,407$109,251$11,413$251,071

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$251,071
Total Expenses per Audited Statements$251,071
Total Expenses per Form 990$251,071
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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
Filing and Contact Details

Filer

Filer Name
Centennial Parkside Cdc
EIN
47-4815728
Phone
2672258356
Address
PO BOX 28050, PHILADELPHIA, PA 19131

Signing Officer

Name
Chris Spahr
Title
Executive Director
Phone
2672258356
Signed
2020-09-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chris Spahr
Formed
2015
Legal Domicile
Pa
Voting Board Members
9
Independent Board Members
9
Employees
16
Volunteers
30

Preparer

Firm
Wentzel and Company PC
Address
PO Box 156, Fleetwood, PA 19522
Preparer
Vivian Wentzel
Phone
4847254181
Supplemental Narrative

Additional Explanations

Pt VI, Line 2

Alexandra mcfadden and juanita mcfadden have a family relationship.

Pt VI, Line 11B

The form 990 is reviewed by the executive director and board president, then presented to the audit committee for review. After it is reviewed and approved by the full board of trustees, it is filed with the irs.

Pt VI, Line 12C

Each trustee and employee holding a senior management position shall annually sign a statement which affirms such person (a) has received a copy of the conflicts of interest policy, (b) has read and understands the policy, (c) has agreed to comply with the policy and (d) understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Through committee meetings and full board meetings, board members are consistently apprised of the need to disclose any conflicts or potential conflicts. In the event a potential conflict is disclosed, the organization proceeds to follow procedures set forth in the conflict of interest policy.

Pt VI, Line 19

Form 990 and other public documentation is available to the public upon request during normal business hours.

Form 990, Part III, Line 4D

Letitia house - improvements to office building and surrounding 28959. 0. 0.

Financial Statement Notes

Pt X, Line 2

There were no uncertain income tax positions identified that would have a material effect on the financial statements for the year ended December 31, 2019.

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IRS990/ProgSrvcAccomActy2Grp/Desc0THE CLEAN AND GREEN / AMBASSADOR PROGRAM PROVIDES SUPPLEMENTAL CLEAN UP TO CITY SERVICES. WE HOLD BLOCK CLEAN UPS, SWEEP SIDWALKS, REMOVE BILL POSTING AND ATTEND TO VACANT LOT MAINTENANCE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt09825
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt021992
IRS990/ProgSrvcAccomActy3Grp/Desc0ARTS AND CULTURE PROGRAMS - NEIGHBORHOOD PROGRAMMING RELATED TO HEALTH AND THE ARTS. THIS INCLUDES A FARMERS MARKET, COOKING CLASSES, LIVE MUSIC AND OUTDOOR MOVIES.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt053040
IRS990/ProgSrvcAccomActy3Grp/GrantAmt00
IRS990/ProgSrvcAccomActy3Grp/RevenueAmt00
IRS990/ProgSrvcAccomActyOtherGrp/Desc0LETITIA HOUSE - IMPROVEMENTS TO OFFICE BUILDING AND SURROUNDING OUTDOOR SPACE TO CREATE OPPORTUNITIES FOR ON-SITE PROGRAMMING THAT SERVES THE NEEDS OF THE COMMUNITY.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt028959
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt00
IRS990/ProgSrvcAccomActyOtherGrp/RevenueAmt00
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0553385
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt015
IRS990/PYOtherExpensesAmt083671
IRS990/PYProgramServiceRevenueAmt019577
IRS990/PYRevenuesLessExpensesAmt0421118
IRS990/PYSalariesCompEmpBnftPaidAmt068188
IRS990/PYTotalExpensesAmt0151859
IRS990/PYTotalRevenueAmt0572977
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0260219
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0489042
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0553385
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt059943
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0110412
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01212782
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0144
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0159
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt041569
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt0415317
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt0797465
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0489042
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0553385
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt059943
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0110412
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01212782
IRS990ScheduleA/TotalSupportAmt01212941
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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/BookValueAmt05000
IRS990ScheduleD/BuildingsGrp/DepreciationAmt00
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/ExpensesSubtotalAmt0251071
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt00
IRS990ScheduleD/LandGrp/InvestmentCostOrOtherBasisAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt047392
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt047392
IRS990ScheduleD/RevenueSubtotalAmt0511290
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0There were no uncertain income tax positions identified that would have a material effect on the financial statements for the year ended December 31, 2019.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt X, Line 2
IRS990ScheduleD/TotalBookValueLandBuildingsAmt05000
IRS990ScheduleD/TotalExpensesPerForm990Amt0251071
IRS990ScheduleD/TotalRevenuePerForm990Amt0511290
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0511290
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0251071
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALEXANDRA MCFADDEN AND JUANITA MCFADDEN HAVE A FAMILY RELATIONSHIP.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE FORM 990 IS REVIEWED BY THE EXECUTIVE DIRECTOR AND BOARD PRESIDENT, THEN PRESENTED TO THE AUDIT COMMITTEE FOR REVIEW. AFTER IT IS REVIEWED AND APPROVED BY THE FULL BOARD OF TRUSTEES, IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH TRUSTEE AND EMPLOYEE HOLDING A SENIOR MANAGEMENT POSITION SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON (A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. THROUGH COMMITTEE MEETINGS AND FULL BOARD MEETINGS, BOARD MEMBERS ARE CONSISTENTLY APPRISED OF THE NEED TO DISCLOSE ANY CONFLICTS OR POTENTIAL CONFLICTS. IN THE EVENT A POTENTIAL CONFLICT IS DISCLOSED, THE ORGANIZATION PROCEEDS TO FOLLOW PROCEDURES SET FORTH IN THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FORM 990 AND OTHER PUBLIC DOCUMENTATION IS AVAILABLE TO THE PUBLIC UPON REQUEST DURING NORMAL BUSINESS HOURS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4LETITIA HOUSE - IMPROVEMENTS TO OFFICE BUILDING AND SURROUNDING 28959. 0. 0.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Pt VI, Line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part III, Line 4d
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0Centennial Parkside CDC
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0Centennial Solar LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Facilitation of community solar projects
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt00
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt03479 W Girard Ave
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Philadelphia
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0PA
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd019104
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0PA
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0477244
IRS990/TotalAssetsEOYAmt0737463
IRS990/TotalAssetsGrp/BOYAmt0477244
IRS990/TotalAssetsGrp/EOYAmt0737463
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0489142
IRS990/TotalEmployeeCnt016
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt011413
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0109251

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