Civic Intelligence

The Condit Trust

990PF • Fiscal year 2023 • EIN 51-6515681

May 01, 2022 to Apr 30, 2023 • Filed on Sep 12, 2023

One Walkers Mill RoadWilmington, DE 19807

(302) 655-1750

Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

2023 filings • <$500k nonprofits • Source year 2023

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2023

Net Margin

100th percentile

601%

Higher net margin than 100% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

2023 filings • <$500k nonprofits • Source year 2023

Asset Growth

30th percentile

-10%

Faster asset growth than 30% of similar nonprofits.

2023 filings • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2022 to 2023

Assets

Down

$382,610

Down $44,275 (-10%) from 2022

Net Assets

Down

$382,610

Down $44,275 (-10%) from 2022

Liabilities

Flat

$0

Flat from 2022

Revenue

Down

-$7,364

Down $48,532 (-118%) from 2022

Expenses

Up

$36,911

Up $13,775 (+60%) from 2022

Net Income

Down

-$44,275

Down $62,307 (-346%) from 2022

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2012: $113,318Liabilities 2012: $02012Assets 2013: $217,695Liabilities 2013: $02013Assets 2014: $236,042Liabilities 2014: $02014Assets 2015: $247,769Liabilities 2015: $02015Assets 2016: $242,628Liabilities 2016: $02016Assets 2017: $249,312Liabilities 2017: $0Net Assets 2017: $249,3122017Assets 2018: $281,856Liabilities 2018: $0Net Assets 2018: $281,8562018Assets 2019: $315,828Liabilities 2019: $0Net Assets 2019: $315,8282019Assets 2020: $363,215Liabilities 2020: $0Net Assets 2020: $363,2152020Assets 2021: $408,853Liabilities 2021: $0Net Assets 2021: $408,8532021Assets 2022: $426,885Liabilities 2022: $0Net Assets 2022: $426,8852022Assets 2023: $382,610Liabilities 2023: $0Net Assets 2023: $382,6102023Assets 2024: $331,862Liabilities 2024: $0Net Assets 2024: $331,8622024Assets 2025: $332,074Liabilities 2025: $0Net Assets 2025: $332,0742025

Highlighted filing

2023

Assets$382,610
Liabilities$0
Net Assets$382,610

Operations Trend

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

$150K$100K$50K$0-$50K-$100KRevenue 2012: -$1,493Expenses 2012: $8,908Net Income 2012: -$10,4012012Revenue 2013: $111,609Expenses 2013: $8,782Net Income 2013: $102,8272013Revenue 2014: $26,457Expenses 2014: $9,110Net Income 2014: $17,3472014Revenue 2015: $33,881Expenses 2015: $17,407Net Income 2015: $16,4742015Revenue 2016: $12,164Expenses 2016: $17,330Net Income 2016: -$5,1662016Revenue 2017: $26,185Expenses 2017: $19,501Net Income 2017: $6,6842017Revenue 2018: $57,424Expenses 2018: $24,880Net Income 2018: $32,5442018Revenue 2019: $65,232Expenses 2019: $31,260Net Income 2019: $33,9722019Revenue 2020: $77,872Expenses 2020: $32,239Net Income 2020: $45,6332020Revenue 2021: $105,570Expenses 2021: $59,932Net Income 2021: $45,6382021Revenue 2022: $41,168Expenses 2022: $23,136Net Income 2022: $18,0322022Revenue 2023: -$7,364Expenses 2023: $36,911Net Income 2023: -$44,2752023Revenue 2024: -$12,396Expenses 2024: $38,723Net Income 2024: -$51,1192024Revenue 2025: $41,326Expenses 2025: $42,353Net Income 2025: -$1,0272025

Highlighted filing

2023

Revenue-$7,364
Expenses$36,911
Net Income-$44,275
Jump To
Filing Snapshot
Filing Period
May 1, 2022 to Apr 30, 2023
Signed
Sep 12, 2023
Return Version
2022v5.0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
THEODORE H ASHFORDTrustee-$0--
TIMOTHY C ASHFORDAdvisor To Trustee & Secre-$0--
Filing and Contact Details

Filer

Filer Name
Condit Trust
EIN
51-6515681
Phone
3026551750
Address
ONE WALKERS MILL ROAD, WILMINGTON, DE 19807

Signing Officer

Name
Theodore H Ashford
Title
Trustee
Phone
3026551750
Signed
2023-09-12
Discuss with paid preparer
Yes

Preparer

Firm
Aka Advisory LLC
Address
1701 SHALLCROSS AVE STE D, WILMINGTON, DE 19806
Preparer
Victor S Pelillo CPA
Phone
3022307171
Raw XML Appendix290 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.

Path#Value
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InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYBookValueAmt0289999
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/EOYFMVAmt0330968
InvestmentsCorpStockSchedule/InvestmentsCorporateStockGrp/StockNm0WILMINGTON TRUST BROKERAGE ACCOUNT
IRS990PF/AnalysisIncomeProducingActyGrp/DividendsAndInterestFromSecDtl/ExclusionAmt04731
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IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt022219
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IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt022219
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IRS990PF/DistributableAmountGrp/RecoveriesQualfiedDistriAmt00
IRS990PF/DistributableAmountGrp/TotalTaxAmt00
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IRS990PF/ExciseTaxBasedOnInvstIncmGrp/OverpaymentAmt0925
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IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm0THEODORE H ASHFORD
IRS990PF/OfficerDirTrstKeyEmplInfoGrp/OfficerDirTrstKeyEmplGrp/PersonNm1TIMOTHY C ASHFORD
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IRS990PF/StatementsRegardingActy4720Grp/GrantsToOrganizationsInd00
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IRS990PF/UndistributedIncomeGrp/ExcessDistributionCyovAppCYAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovAppCYCorpusAmt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovFromYr5Amt00
IRS990PF/UndistributedIncomeGrp/ExcessDistriCyovToNextYrAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearDeficiencyOrTaxAmt00
IRS990PF/UndistributedIncomeGrp/PriorYearUndistributedIncmAmt00
IRS990PF/UndistributedIncomeGrp/QualifyingDistributionsAmt026181
IRS990PF/UndistributedIncomeGrp/RemainingDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/Taxable1Amt00
IRS990PF/UndistributedIncomeGrp/Taxable2Amt00
IRS990PF/UndistributedIncomeGrp/TotalCorpusAmt00
IRS990PF/UndistributedIncomeGrp/TotalExcessDistributionCyovAmt00
IRS990PF/UndistributedIncomeGrp/TotalForPriorYearsAmt00
IRS990PF/UndistributedIncomeGrp/TreatedAsDistriFromCorpusAmt00
IRS990PF/UndistributedIncomeGrp/UndistributedIncomeCYAmt019552
IRS990PF/UndistributedIncomeGrp/UndistributedIncomePYAmt023514
OtherExpensesSchedule/OtherExpensesScheduleGrp/Desc0BANK CHARGES
OtherExpensesSchedule/OtherExpensesScheduleGrp/DisbursementsCharitablePrpsAmt00
OtherExpensesSchedule/OtherExpensesScheduleGrp/NetInvestmentIncomeAmt04906
OtherExpensesSchedule/OtherExpensesScheduleGrp/RevenueAndExpensesPerBooksAmt04906
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/Amt04667
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/CategoryTxt0ADVISOR FEES
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/DisbursementsCharitablePrpsAmt00
OtherProfessionalFeesSchedule/OtherProfessionalFeesDetail/NetInvestmentIncomeAmt04667
TaxesSchedule/TaxesDetail/Amt014
TaxesSchedule/TaxesDetail/CategoryTxt0FOREIGN TAXES
TaxesSchedule/TaxesDetail/DisbursementsCharitablePrpsAmt00
TaxesSchedule/TaxesDetail/NetInvestmentIncomeAmt014
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0THEODORE H ASHFORD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum03026551750
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-09-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CONDIT TRUST
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O T ASHFORD
ReturnHeader/Filer/BusinessNameControlTxt0COND
ReturnHeader/Filer/EIN0516515681
ReturnHeader/Filer/PhoneNum03026551750
ReturnHeader/Filer/USAddress/AddressLine1Txt0ONE WALKERS MILL ROAD
ReturnHeader/Filer/USAddress/CityNm0WILMINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0DE
ReturnHeader/Filer/USAddress/ZIPCd019807
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0260645306
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0AKA ADVISORY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01701 SHALLCROSS AVE STE D
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WILMINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0DE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019806
ReturnHeader/PreparerPersonGrp/PhoneNum03022307171
ReturnHeader/PreparerPersonGrp/PreparationDt02023-09-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0VICTOR S PELILLO CPA
ReturnHeader/ReturnTs02023-09-29T08:01:19-05:00
ReturnHeader/ReturnTypeCd0990PF
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0THEODORE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0ASHFORD
ReturnHeader/TaxPeriodBeginDt02022-05-01
ReturnHeader/TaxPeriodEndDt02023-04-30
ReturnHeader/TaxYr02022

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.32$0.00$3.32$0.41$0.42$0.01
2024Detailed filing. Detailed filing data is available for this year.$3.32$0.00$3.32$0.12$0.39$0.51
2023Detailed filing. Detailed filing data is available for this year.$3.83$0.00$3.83$0.07$0.37$0.44
2022Detailed filing. Detailed filing data is available for this year.$4.27$0.00$4.27$0.41$0.23$0.18
2021Detailed filing. Detailed filing data is available for this year.$4.09$0.00$4.09$1.06$0.60$0.46
2020Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$0.78$0.32$0.46
2019Detailed filing. Detailed filing data is available for this year.$3.16$0.00$3.16$0.65$0.31$0.34
2018Detailed filing. Detailed filing data is available for this year.$2.82$0.00$2.82$0.57$0.25$0.33
2017Detailed filing. Detailed filing data is available for this year.$2.49$0.00$2.49$0.26$0.20$0.07
2016Summary only. Only limited summary data is available for this year.$2.43$0.00$0.12$0.17$0.05
2015Summary only. Only limited summary data is available for this year.$2.48$0.00$0.34$0.17$0.16
2014Summary only. Only limited summary data is available for this year.$2.36$0.00$0.26$0.09$0.17
2013Summary only. Only limited summary data is available for this year.$2.18$0.00$1.12$0.09$1.03
2012Summary only. Only limited summary data is available for this year.$1.13$0.00$0.01$0.09$0.10