Civic Intelligence

MID-Atlantic Clearing House

990 • Fiscal year 2018 • EIN 52-1051341

Jan 01, 2018 to Dec 31, 2018 • Filed on Sep 11, 2019

1344 Ashton Road Suite 202Hanover, MD 21076

(410) 859-0090

Siviq Scores

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

Liabilities / Assets

21st percentile

0.02x

Higher debt load relative to assets than 21% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Liabilities / Revenue

26th percentile

0.05x

Higher debt load relative to revenue than 26% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Net Margin

45th percentile

2.5%

Higher net margin than 45% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Top Officer Pay

83rd percentile

$259,957

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 19.0% of source-year revenue.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2018

Asset Growth

47th percentile

1.4%

Faster asset growth than 47% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Revenue Growth

34th percentile

-0.8%

Faster revenue growth than 34% of similar nonprofits.

2018 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2017 to 2018

Assets

Up

$3,652,426

Up $50,029 (+1.4%) from 2017

Net Assets

Up

$3,588,599

Up $34,095 (+1.0%) from 2017

Liabilities

Up

$63,827

Up $15,934 (+33%) from 2017

Revenue

Down

$1,367,909

Down $10,951 (-0.8%) from 2017

Expenses

Up

$1,333,814

Up $151,868 (+13%) from 2017

Net Income

Down

$34,095

Down $162,819 (-83%) from 2017

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

2018

Assets$3,652,426
Liabilities$63,827
Net Assets$3,588,599

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

2018

Revenue$1,367,909
Expenses$1,333,814
Net Income$34,095
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Sep 11, 2019
Return Version
2018v3.1
Gross Receipts
$1,404,412
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$2,861,179$3,018,690▲ $157,511
Cash and Non-Interest-Bearing Accounts$549,980$463,030▼ $86,950
Accounts Receivable$91,472$93,199▲ $1,727
Prepaid Expenses and Deferred Charges$73,476$61,681▼ $11,795
Land, Buildings, and Equipment, Net$22,122$11,658▼ $10,464
Total Assets$3,602,397$3,652,426▲ $50,029
Other Assets Total$4,168$4,168→ $0
Liabilities
Accounts Payable and Accrued Expenses$31,723$35,916▲ $4,193
Deferred Revenue$16,170$27,911▲ $11,741
Total Liabilities$47,893$63,827▲ $15,934
Net Assets / Fund Balance
Unrestricted Net Assets$3,554,504$3,588,599▲ $34,095
Total Net Assets Fund Balance$3,554,504$3,588,599▲ $34,095
Total Liabilities and Net Assets / Fund Balance$3,602,397$3,652,426▲ $50,029

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$9,502$48,129$57,631
Other Land Buildings$2,156$18,143$20,299
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert E DaelPresidentFT$259,957$259,957

Board Members and Trustees

NameTitle
Jeanine Andol-moellerChairwoman
Melissa a QuirkVice Chairwo
Dan MinerDirector
Dave WillisDirector
J Michael HillDirector
Joy KramerDirector
Sandra M OsbornDirector
John F Goedeke JrSecretary
James H Thompson IiiTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,298,456
Investment Income
$56,685
Other Revenue
$12,768
Change in Net Assets
$34,095

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,367,909
Revenue Not Reported on Form 990
$36,503
Total Revenue per Audited Statements
$1,404,412
Total Revenue per Form 990
$1,367,909
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$974,338
Other Expenses$359,476
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$473,467
Current Officers, Directors, Trustees, and Key Employees---$259,957
Pension Plan Contributions---$109,671
Other Employee Benefits---$83,098
Occupancy---$78,235
Payroll Taxes---$48,145
Conferences and Meetings---$43,865
Fees for Services Other---$28,254
All Other Expenses---$14,550
Other Expenses---$12,302
Fees for Services Accounting---$10,575
Depreciation Depletion---$10,464
Office Expenses---$9,545
Insurance---$7,231
Travel---$6,750
Total Functional Expenses$0$0$0$1,333,814

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,370,317
Expenses per Audited Statements$1,333,814
Total Expenses per Form 990$1,333,814
Expenses Not Reported on Form 990$36,503
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
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 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, Page 6, Part VI, Line 6

The membership consists of financial institutions and associate members.

Form 990, Page 6, Part VI, Line 7A

Largest volume credit union appoints one member. Largest volume bank member appoints one member.

Form 990, Page 6, Part VI, Line 11B

Director reviews with cpa and signs return.

Form 990, Page 6, Part VI, Line 12C

All disclosure statements given by board.

Form 990, Page 6, Part VI, Line 15A

Compensation of top official is based on performance goals and objectives.

Form 990, Page 6, Part VI, Line 19

Documents are furnished upon request.

Filing and Contact Details

Filer

Filer Name
Mid-atlantic Clearing House
EIN
52-1051341
Phone
4108590090
Address
1344 ASHTON ROAD SUITE 202, HANOVER, MD 21076

Signing Officer

Name
Robert E Dael
Title
President
Phone
4108590090
Signed
2019-09-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert E Dael
Formed
1975
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
9
Employees
7

Preparer

Firm
Wolfe & Fiedler Pa
Address
634 FREDERICK RD STE 1, CATONSVILLE, MD 21228
Preparer
Brian T Wolfe
Phone
4107470789
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Publication sales 36,503 publications cost of goods sold -36,503

Financial Statement Notes

Schedule D, Page 4, Part XI, Line 2D

PUBLICATION SALES 36,503

Schedule D, Page 4, Part XII, Line 2D

Publications cost of goods sold 36,503

Raw XML Appendix374 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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IRS990ScheduleD/OtherExpensesIncludedAmt036503
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02156
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018143
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt020299
IRS990ScheduleD/OtherRevenueAmt036503
IRS990ScheduleD/RevenueNotReportedAmt036503
IRS990ScheduleD/RevenueSubtotalAmt01367909
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PUBLICATION SALES 36,503
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PUBLICATIONS COST OF GOODS SOLD 36,503
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt011658
IRS990ScheduleD/TotalExpensesPerForm990Amt01333814
IRS990ScheduleD/TotalRevenuePerForm990Amt01367909
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01404412
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01370317
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0259957
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT E DAEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0259957
IRS990ScheduleJ/SeverancePaymentInd0false
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE MEMBERSHIP CONSISTS OF FINANCIAL INSTITUTIONS AND ASSOCIATE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1LARGEST VOLUME CREDIT UNION APPOINTS ONE MEMBER. LARGEST VOLUME BANK MEMBER APPOINTS ONE MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DIRECTOR REVIEWS WITH CPA AND SIGNS RETURN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DISCLOSURE STATEMENTS GIVEN BY BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4COMPENSATION OF TOP OFFICIAL IS BASED ON PERFORMANCE GOALS AND OBJECTIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DOCUMENTS ARE FURNISHED UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PUBLICATION SALES 36,503 PUBLICATIONS COST OF GOODS SOLD -36,503
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03602397
IRS990/TotalAssetsEOYAmt03652426
IRS990/TotalAssetsGrp/BOYAmt03602397
IRS990/TotalAssetsGrp/EOYAmt03652426
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01333814
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt047893
IRS990/TotalLiabilitiesEOYAmt063827
IRS990/TotalLiabilitiesGrp/BOYAmt047893
IRS990/TotalLiabilitiesGrp/EOYAmt063827
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03554504
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03588599
IRS990/TotalProgramServiceRevenueAmt01298456
IRS990/TotalReportableCompFromOrgAmt0259957
IRS990/TotalRevenueGrp/ExclusionAmt056685
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01311224
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01367909
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03602397
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03652426
IRS990/TravelGrp/TotalAmt06750
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt03554504
IRS990/UnrestrictedNetAssetsGrp/EOYAmt03588599
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01344 ASHTON RD STE 202
IRS990/USAddress/CityNm0HANOVER
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd021076
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt09
IRS990/WebsiteAddressTxt0WWW.MACHA.ORG
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02019-02-21 02:37:17Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT E DAEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04108590090
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-09-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID-ATLANTIC CLEARING HOUSE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION
ReturnHeader/Filer/BusinessNameControlTxt0MID-
ReturnHeader/Filer/EIN0521051341
ReturnHeader/Filer/PhoneNum04108590090
ReturnHeader/Filer/USAddress/AddressLine1Txt01344 ASHTON ROAD SUITE 202
ReturnHeader/Filer/USAddress/CityNm0HANOVER
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd021076
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0DD9F2335B466B4A5B8505C1A07781CE3E36E00B4
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0DD9F2335B466B4A5B8505C1A07781CE3E36E00B4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0216.230.123.34
ReturnHeader/FilingSecurityInformation/IPDt02019-09-12
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm010:54:39
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0521798441
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WOLFE & FIEDLER PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0634 FREDERICK RD STE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CATONSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd021228
ReturnHeader/PreparerPersonGrp/PhoneNum04107470789
ReturnHeader/PreparerPersonGrp/PreparationDt02019-09-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN T WOLFE
ReturnHeader/ReturnTs02019-09-12T10:54:39-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

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