Civic Intelligence

MID-Atlantic Clearing House

990 • Fiscal year 2019 • EIN 52-1051341

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 08, 2020

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

20th percentile

0.01x

Higher debt load relative to assets than 20% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

25th percentile

0.04x

Higher debt load relative to revenue than 25% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Net Margin

73rd percentile

11%

Higher net margin than 73% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2019

Asset Growth

45th percentile

4.0%

Faster asset growth than 45% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

41st percentile

1.2%

Faster revenue growth than 41% of similar nonprofits.

2019 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,797,508

Up $145,082 (+4.0%) from 2018

Net Assets

Up

$3,745,271

Up $156,672 (+4.4%) from 2018

Liabilities

Down

$52,237

Down $11,590 (-18%) from 2018

Revenue

Up

$1,384,448

Up $16,539 (+1.2%) from 2018

Expenses

Down

$1,227,776

Down $106,038 (-7.9%) from 2018

Net Income

Up

$156,672

Up $122,577 (+360%) from 2018

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

2019

Assets$3,797,508
Liabilities$52,237
Net Assets$3,745,271

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

2019

Revenue$1,384,448
Expenses$1,227,776
Net Income$156,672
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 8, 2020
Return Version
2019v5.0
Gross Receipts
$1,417,216
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$3,018,690$3,257,821▲ $239,131
Cash and Non-Interest-Bearing Accounts$463,030$364,451▼ $98,579
Accounts Receivable$93,199$94,279▲ $1,080
Prepaid Expenses and Deferred Charges$61,681$54,965▼ $6,716
Land, Buildings, and Equipment, Net$11,658$21,823▲ $10,165
Total Assets$3,652,426$3,797,508▲ $145,082
Other Assets Total$4,168$4,169▲ $1
Liabilities
Deferred Revenue$27,911$26,220▼ $1,691
Accounts Payable and Accrued Expenses$35,916$26,017▼ $9,899
Total Liabilities$63,827$52,237▼ $11,590
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,588,599$3,745,271▲ $156,672
Total Net Assets Fund Balance$3,588,599$3,745,271▲ $156,672
Total Liabilities and Net Assets / Fund Balance$3,652,426$3,797,508▲ $145,082

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$17,490$44,645$62,135
Other Land Buildings$4,333$18,718$23,051
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Robert E DaelPresidentFT$228,935$228,935

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,302,146
Investment Income
$72,036
Other Revenue
$10,266
Change in Net Assets
$156,672

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,384,448
Revenue Not Reported on Form 990
$32,768
Total Revenue per Audited Statements
$1,417,216
Total Revenue per Form 990
$1,384,448
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$869,910
Other Expenses$357,866
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$439,523
Current Officers, Directors, Trustees, and Key Employees---$228,935
Pension Plan Contributions---$97,446
Occupancy---$78,235
Other Employee Benefits---$60,660
Payroll Taxes---$43,346
Fees for Services Other---$24,063
Conferences and Meetings---$21,484
All Other Expenses---$21,014
Fees for Services Legal---$15,578
Other Expenses---$14,869
Office Expenses---$14,072
Fees for Services Accounting---$11,670
Insurance---$8,200
Depreciation Depletion---$7,361
Travel---$4,307
Total Functional Expenses$0$0$0$1,227,776

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$1,260,544
Expenses per Audited Statements$1,227,776
Total Expenses per Form 990$1,227,776
Expenses Not Reported on Form 990$32,768
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 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
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
2020-10-08
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
6

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 32,768 publications cost of goods sold -32,768

Financial Statement Notes

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

PUBLICATION SALES 32,768

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

Publications cost of goods sold 32,768

Raw XML Appendix379 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/EquipmentGrp/BookValueAmt017490
IRS990ScheduleD/EquipmentGrp/DepreciationAmt044645
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt062135
IRS990ScheduleD/ExpensesNotReportedAmt032768
IRS990ScheduleD/ExpensesSubtotalAmt01227776
IRS990ScheduleD/OtherExpensesIncludedAmt032768
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt04333
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt018718
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023051
IRS990ScheduleD/OtherRevenueAmt032768
IRS990ScheduleD/RevenueNotReportedAmt032768
IRS990ScheduleD/RevenueSubtotalAmt01384448
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0PUBLICATION SALES 32,768
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1PUBLICATIONS COST OF GOODS SOLD 32,768
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 4, PART XI, LINE 2D
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE D, PAGE 4, PART XII, LINE 2D
IRS990ScheduleD/TotalBookValueLandBuildingsAmt021823
IRS990ScheduleD/TotalExpensesPerForm990Amt01227776
IRS990ScheduleD/TotalRevenuePerForm990Amt01384448
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01417216
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01260544
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0228935
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0ROBERT E DAEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0228935
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 32,768 PUBLICATIONS COST OF GOODS SOLD -32,768
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/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03652426
IRS990/TotalAssetsEOYAmt03797508
IRS990/TotalAssetsGrp/BOYAmt03652426
IRS990/TotalAssetsGrp/EOYAmt03797508
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt00
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt01227776
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt063827
IRS990/TotalLiabilitiesEOYAmt052237
IRS990/TotalLiabilitiesGrp/BOYAmt063827
IRS990/TotalLiabilitiesGrp/EOYAmt052237
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03588599
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03745271
IRS990/TotalProgramServiceRevenueAmt01302146
IRS990/TotalReportableCompFromOrgAmt0228935
IRS990/TotalRevenueGrp/ExclusionAmt072036
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01312412
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01384448
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt03652426
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt03797508
IRS990/TravelGrp/TotalAmt04307
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
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/BuildTS02021-04-22 16:20:28Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0ROBERT E DAEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum04108590090
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-10-08
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MID-ATLANTIC CLEARING HOUSE
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION INC
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/IPDt02020-10-08
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm014:45:49
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/PreparationDt02020-10-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRIAN T WOLFE
ReturnHeader/ReturnTs02020-10-08T14:45:49-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

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