Civic Intelligence

MID-Atlantic Clearing House

990 • Fiscal year 2021 • EIN 52-1051341

Jan 01, 2021 to Dec 31, 2021 • Filed on Aug 11, 2022

W177 N9856 Rivercrest Drive 105Germantown, WI 53022-6407

(262) 345-1245

Siviq Scores

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

Liabilities / Assets

28th percentile

0.07x

Higher debt load relative to assets than 28% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

33rd percentile

0.18x

Higher debt load relative to revenue than 33% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Net Margin

77th percentile

23%

Higher net margin than 77% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

34th percentile

$199,550

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Source year 2021

Asset Growth

44th percentile

10%

Faster asset growth than 44% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

69th percentile

22%

Faster revenue growth than 69% of similar nonprofits.

2021 filings • 501(c)6 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$5,873,780

Up $538,382 (+10%) from 2020

Net Assets

Up

$5,434,840

Up $562,266 (+12%) from 2020

Liabilities

Down

$438,940

Down $23,884 (-5.2%) from 2020

Revenue

Up

$2,398,437

Up $434,736 (+22%) from 2020

Expenses

Up

$1,839,858

Up $161,091 (+9.6%) from 2020

Net Income

Up

$558,579

Up $273,645 (+96%) from 2020

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

2021

Assets$5,873,780
Liabilities$438,940
Net Assets$5,434,840

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

2021

Revenue$2,398,437
Expenses$1,839,858
Net Income$558,579
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Aug 11, 2022
Return Version
2021v4.0
Gross Receipts
$2,408,514
Mission and Program Overview

Mission

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

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,012,784$4,892,888▲ $880,104
Cash and Non-Interest-Bearing Accounts$804,282$514,436▼ $289,846
Accounts Receivable$94,844$94,282▼ $562
Prepaid Expenses and Deferred Charges$117,772$70,525▼ $47,247
Land, Buildings, and Equipment, Net$47,418$30,879▼ $16,539
Total Assets$5,335,398$5,873,780▲ $538,382
Other Assets Total$258,298$270,770▲ $12,472
Liabilities
Deferred Revenue$391,663$386,602▼ $5,061
Other Liabilities$55,671$49,509▼ $6,162
Accounts Payable and Accrued Expenses$15,490$2,829▼ $12,661
Total Liabilities$462,824$438,940▼ $23,884
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,872,574$5,434,840▲ $562,266
Total Net Assets Fund Balance$4,872,574$5,434,840▲ $562,266
Total Liabilities and Net Assets / Fund Balance$5,335,398$5,873,780▲ $538,382

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$30,879$226,662$257,541
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Mary GilmeisterPresidentFT$199,550$199,550

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$2,373,017
Investment Income
$25,373
Other Revenue
$47
Change in Net Assets
$558,579

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,398,437
Total Revenue per Audited Statements
$2,398,437
Total Revenue per Form 990
$2,398,437
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,118,909
Other Expenses$720,949
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$863,185--$863,185
Office Expenses$123,230--$123,230
Occupancy$114,156--$114,156
Pension Plan Contributions$113,419--$113,419
Fees for Services Accounting-$93,228-$93,228
Other Employee Benefits$79,292--$79,292
Payroll Taxes$63,013--$63,013
Conferences and Meetings$54,867--$54,867
Fees for Services Other$46,154--$46,154
All Other Expenses$26,844--$26,844
Depreciation Depletion$23,349--$23,349
Insurance$19,141--$19,141
Other Expenses$15,137--$15,137
Fees for Services Legal$14,415--$14,415
Information Technology$12,177--$12,177
Travel$4,863--$4,863
Total Functional Expenses$1,746,630$93,228$0$1,839,858

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,839,858
Total Expenses per Audited Statements$1,839,858
Total Expenses per Form 990$1,839,858
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
In-house lobbying only
No
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$43,990
Sales Tax Payable$3,001
Advance Payable-par$2,518
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

Governance Explanations

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

No review was or will be conducted.

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

Reviewed every year at annual meeting.

Form 990, Page 6, Part VI, Line 19

All documentation is available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Macha Inc
EIN
52-1051341
Phone
2623451245
Address
W177 N9856 RIVERCREST DRIVE 105, GERMANTOWN, WI 53022-6407

Signing Officer

Name
Mary Gilmeister
Title
President
Phone
2623451245
Signed
2022-08-11

Organization Details

Principal Officer
Mary Gilmeister
Formed
1975
Legal Domicile
Wi
Voting Board Members
16
Independent Board Members
16
Employees
14

Preparer

Firm
Sitzberger & Company LLC
Address
611 N BARKER ROAD SUITE 200, BROOKFIELD, WI 53045
Preparer
Wolfgang Ritter CPA
Phone
2628601724
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Income from subsidiary 3,687

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IRS990/OccupancyGrp/ProgramServicesAmt0114156
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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt070525
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IRS990/PYRevenuesLessExpensesAmt0284934
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IRS990/RelatedEntityInd0false
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990ScheduleC/AgreeCarryoverPriorYearInd0false
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IRS990ScheduleC/SubstantiallyAllDuesNondedInd0false
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt043990
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt030879
IRS990ScheduleD/TotalExpensesPerForm990Amt01839858
IRS990ScheduleD/TotalLiabilityAmt049509
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IRS990/ScheduleJRequiredInd0true
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IRS990ScheduleJ/SupplementalNonqualRtrPlanInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1REVIEWED EVERY YEAR AT ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ALL DOCUMENTATION IS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3INCOME FROM SUBSIDIARY 3,687
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
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IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt05873780
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IRS990/TotalAssetsGrp/EOYAmt05873780
IRS990/TotalCompGreaterThan150KInd0true
IRS990/TotalEmployeeCnt014
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
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IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01746630
IRS990/TotalFunctionalExpensesGrp/TotalAmt01839858
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesEOYAmt0438940
IRS990/TotalLiabilitiesGrp/BOYAmt0462824
IRS990/TotalLiabilitiesGrp/EOYAmt0438940
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt04872574
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IRS990/TotalProgramServiceExpensesAmt01746630
IRS990/TotalProgramServiceRevenueAmt02373017
IRS990/TotalReportableCompFromOrgAmt0199550
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt02398437
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02398437
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt05335398
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt05873780
IRS990/TravelGrp/ProgramServicesAmt04863
IRS990/TravelGrp/TotalAmt04863
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0W177 N9856 RIVERCREST DRIVE 105
IRS990/USAddress/CityNm0GERMANTOWN
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd0530226407
IRS990/VotingMembersGoverningBodyCnt016

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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