Civic Intelligence

MID-Atlantic Clearing House

990 • Fiscal year 2013 • EIN 52-1051341

Jan 01, 2013 to Dec 31, 2013 • Filed on Aug 14, 2014

1344 Ashton Road21076

(410) 859-0090

Siviq Scores

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

Liabilities / Assets

18th percentile

0.01x

Higher debt load relative to assets than 18% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Liabilities / Revenue

22nd percentile

0.03x

Higher debt load relative to revenue than 22% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Net Margin

68th percentile

7.5%

Higher net margin than 68% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Top Officer Pay

87th percentile

$265,204

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 21.2% of source-year revenue.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2013

Asset Growth

47th percentile

3.7%

Faster asset growth than 47% of similar nonprofits.

2013 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2012 to 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Up

$3,046,034

Up $107,587 (+3.7%) from 2012

Net Assets

Up

$3,008,254

Up $93,697 (+3.2%) from 2012

Liabilities

Up

$37,780

Up $13,890 (+58%) from 2012

Revenue

$1,250,334

No earlier filing loaded for comparison.

Expenses

Up

$1,156,637

Up $57,731 (+5.3%) from 2012

Net Income

$93,697

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $2,784,644Liabilities 2011: $23,251Net Assets 2011: $2,761,3932011Assets 2012: $2,938,447Liabilities 2012: $23,890Net Assets 2012: $2,914,5572012Assets 2013: $3,046,034Liabilities 2013: $37,780Net Assets 2013: $3,008,2542013Assets 2014: $3,212,166Liabilities 2014: $47,565Net Assets 2014: $3,164,6012014Assets 2015: $3,300,460Liabilities 2015: $37,411Net Assets 2015: $3,263,0492015Assets 2016: $3,409,966Liabilities 2016: $52,376Net Assets 2016: $3,357,5902016Assets 2017: $3,602,397Liabilities 2017: $47,893Net Assets 2017: $3,554,5042017Assets 2018: $3,652,426Liabilities 2018: $63,827Net Assets 2018: $3,588,5992018Assets 2019: $3,797,508Liabilities 2019: $52,237Net Assets 2019: $3,745,2712019Assets 2020: $5,335,398Liabilities 2020: $462,824Net Assets 2020: $4,872,5742020Assets 2021: $5,873,780Liabilities 2021: $438,940Net Assets 2021: $5,434,8402021Assets 2022: $6,550,728Liabilities 2022: $745,104Net Assets 2022: $5,805,6242022Assets 2023: $7,020,064Liabilities 2023: $776,683Net Assets 2023: $6,243,3812023Assets 2024: $7,409,655Liabilities 2024: $812,547Net Assets 2024: $6,597,1082024

Highlighted filing

2013

Assets$3,046,034
Liabilities$37,780
Net Assets$3,008,254

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Expenses 2011: $1,095,0542011Expenses 2012: $1,098,9062012Revenue 2013: $1,250,334Expenses 2013: $1,156,637Net Income 2013: $93,6972013Revenue 2014: $1,346,287Expenses 2014: $1,189,940Net Income 2014: $156,3472014Revenue 2015: $1,368,390Expenses 2015: $1,269,942Net Income 2015: $98,4482015Revenue 2016: $1,357,546Expenses 2016: $1,263,005Net Income 2016: $94,5412016Revenue 2017: $1,378,860Expenses 2017: $1,181,946Net Income 2017: $196,9142017Revenue 2018: $1,367,909Expenses 2018: $1,333,814Net Income 2018: $34,0952018Revenue 2019: $1,384,448Expenses 2019: $1,227,776Net Income 2019: $156,6722019Revenue 2020: $1,963,701Expenses 2020: $1,678,767Net Income 2020: $284,9342020Revenue 2021: $2,398,437Expenses 2021: $1,839,858Net Income 2021: $558,5792021Revenue 2022: $2,979,882Expenses 2022: $2,581,192Net Income 2022: $398,6902022Revenue 2023: $3,361,930Expenses 2023: $2,924,173Net Income 2023: $437,7572023Revenue 2024: $3,540,462Expenses 2024: $3,186,735Net Income 2024: $353,7272024

Highlighted filing

2013

Revenue$1,250,334
Expenses$1,156,637
Net Income$93,697
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Aug 14, 2014
Return Version
2013v3.1
Gross Receipts
$1,274,717
Mission and Program Overview

Mission

The primary activity of the organization is training amd member support on electronic payments.

The primary activity of the organization is to supervise and coordinate the processing of electronic funds transfers for its members and provide educational seminars to users of the system.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,653,038$2,683,023▲ $29,985
Cash and Non-Interest-Bearing Accounts$143,143$176,823▲ $33,680
Accounts Receivable$80,730$87,057▲ $6,327
Prepaid Expenses and Deferred Charges$38,718$70,213▲ $31,495
Land, Buildings, and Equipment, Net$18,649$19,081▲ $432
Inventories for Sale or Use-$5,668-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Intangible Assets-$0-
Total Assets$2,938,447$3,046,034▲ $107,587
Other Assets Total$4,169$4,169→ $0
Liabilities
Accounts Payable and Accrued Expenses$17,691$23,848▲ $6,157
Deferred Revenue$6,199$13,932▲ $7,733
Total Liabilities$23,890$37,780▲ $13,890
Net Assets / Fund Balance
Unrestricted Net Assets$2,914,557$3,008,254▲ $93,697
Total Net Assets Fund Balance$2,914,557$3,008,254▲ $93,697
Total Liabilities and Net Assets / Fund Balance$2,938,447$3,046,034▲ $107,587

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$19,081$83,320$102,401
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John J KingPresidentFT$197,124$68,080$265,204

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,190,568
Investment Income
$56,976
Other Revenue
$2,790
Change in Net Assets
$93,697

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,250,334
Revenue Not Reported on Form 990
$23,833
Total Revenue per Audited Statements
$1,274,167
Total Revenue per Form 990
$1,250,334
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$806,516
Other Expenses$350,121
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$360,465
Current Officers, Directors, Trustees, and Key Employees---$230,124
Other Employee Benefits---$90,687
Pension Plan Contributions---$87,549
Occupancy---$72,908
Payroll Taxes---$37,691
Conferences and Meetings---$32,688
All Other Expenses---$28,729
Other Expenses---$13,279
Depreciation Depletion---$10,761
Travel---$9,336
Insurance---$8,004
Office Expenses---$7,472
Total Functional Expenses$0$0$0$1,156,637

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,180,470
Expenses per Audited Statements$1,156,637
Total Expenses per Form 990$1,156,637
Expenses Not Reported on Form 990$23,833
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
Yes
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

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

The membership consists of financial institutions and associate members.

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

Director reviews with cpa and signs.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

All disclosure statements given by board

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

GOALS AND OBJECTIVES

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

UPON REQUEST

Filing and Contact Details

Filer

EIN
52-1051341
Phone
4108590090

Signing Officer

Name
John J King
Title
President
Signed
2014-08-14
Discuss with paid preparer
Yes

Organization Details

Formed
1975
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
9
Employees
6

Preparer

Preparer
Brian T Wolfe
Phone
4107470789
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2: Change of Oversight or Selection Process

President selects auditor

Financial Statement Notes

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

PUBLICATION SALES $23833

Part XII, Line 2D: Other expenses and losses per audited F/S

PUBLICATION COGS $23833

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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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IRS990/OtherExpensesGrp/TotalAmt313279
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt0360465
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/TotalAmt037691
IRS990/PensionPlanContributionsGrp/TotalAmt087549
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038718
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070213
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL PROGRAM FEES
IRS990/ProgramServiceRevenueGrp/Desc1USER TRANSACTION FEES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0253616
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1936952
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0253616
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1936952
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt057449
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0351319
IRS990/PYOtherRevenueAmt04422
IRS990/PYProgramServiceRevenueAmt01190199
IRS990/PYRevenuesLessExpensesAmt0153164
IRS990/PYSalariesCompEmpBnftPaidAmt0747587
IRS990/PYTotalExpensesAmt01098906
IRS990/PYTotalRevenueAmt01252070
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt093697
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02653038
IRS990/SavingsAndTempCashInvstGrp/EOYAmt02683023
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/ExpensesNotReportedAmt023833
IRS990ScheduleD/ExpensesSubtotalAmt01156637
IRS990ScheduleD/OtherExpensesIncludedAmt023833
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt019081
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt083320
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0102401
IRS990ScheduleD/OtherRevenueAmt023833
IRS990ScheduleD/RevenueNotReportedAmt023833
IRS990ScheduleD/RevenueSubtotalAmt01250334
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PUBLICATION SALES $23833
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PUBLICATION COGS $23833
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalBookValueLandBuildingsAmt019081
IRS990ScheduleD/TotalExpensesPerForm990Amt01156637
IRS990ScheduleD/TotalRevenuePerForm990Amt01250334
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01274167
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01180470
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0197124
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount033000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt035080
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN J KING
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0President
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0265204
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SubstantiationRequiredInd0true
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP CONSISTS OF FINANCIAL INSTITUTIONS AND ASSOCIATE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DIRECTOR REVIEWS WITH CPA AND SIGNS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DISCLOSURE STATEMENTS GIVEN BY BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GOALS AND OBJECTIVES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5PRESIDENT SELECTS AUDITOR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part XII, Line 2: Change of Oversight or Selection Process
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt02938447
IRS990/TotalAssetsEOYAmt03046034
IRS990/TotalAssetsGrp/BOYAmt02938447
IRS990/TotalAssetsGrp/EOYAmt03046034
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalContributionsAmt00
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01156637
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt023890
IRS990/TotalLiabilitiesEOYAmt037780
IRS990/TotalLiabilitiesGrp/BOYAmt023890
IRS990/TotalLiabilitiesGrp/EOYAmt037780
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt02914557
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03008254
IRS990/TotalOtherCompensationAmt035080
IRS990/TotalProgramServiceRevenueAmt01190568
IRS990/TotalReportableCompFromOrgAmt0230124
IRS990/TotalRevenueGrp/ExclusionAmt056976
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01193358
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01250334
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt02938447
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03046034
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt09336
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt02914557
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03008254
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0www.macha.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN J KING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-08-14
ReturnHeader/Filer/BusinessName/BusinessNameLine10Mid-Atlantic Clearing House Association
ReturnHeader/Filer/BusinessNameControlTxt0MID-
ReturnHeader/Filer/EIN0521051341
ReturnHeader/Filer/PhoneNum04108590090
ReturnHeader/Filer/USAddress/AddressLine101344 Ashton Road
ReturnHeader/Filer/USAddress/City0Hanover
ReturnHeader/Filer/USAddress/State0MD
ReturnHeader/Filer/USAddress/ZIPCode021076
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10WOLFE AND FIEDLER PA

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.41$0.81$6.60$3.54$3.19$0.35
2023Detailed filing. Detailed filing data is available for this year.$7.02$0.78$6.24$3.36$2.92$0.44
2022Detailed filing. Detailed filing data is available for this year.$6.55$0.75$5.81$2.98$2.58$0.40
2021Detailed filing. Detailed filing data is available for this year.$5.87$0.44$5.43$2.40$1.84$0.56
2020Detailed filing. Detailed filing data is available for this year.$5.34$0.46$4.87$1.96$1.68$0.28
2019Detailed filing. Detailed filing data is available for this year.$3.80$0.05$3.75$1.38$1.23$0.16
2018Detailed filing. Detailed filing data is available for this year.$3.65$0.06$3.59$1.37$1.33$0.03
2017Detailed filing. Detailed filing data is available for this year.$3.60$0.05$3.55$1.38$1.18$0.20
2016Detailed filing. Detailed filing data is available for this year.$3.41$0.05$3.36$1.36$1.26$0.09
2015Detailed filing. Detailed filing data is available for this year.$3.30$0.04$3.26$1.37$1.27$0.10
2014Detailed filing. Detailed filing data is available for this year.$3.21$0.05$3.16$1.35$1.19$0.16
2013Detailed filing. Detailed filing data is available for this year.$3.05$0.04$3.01$1.25$1.16$0.09
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.94$0.02$2.91$1.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.78$0.02$2.76$1.10