Civic Intelligence

Broadmead Residents Association

990 • Fiscal year 2020 • EIN 52-1255281

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 15, 2021

13801 York RoadCockeysville, MD 21030-1825

(410) 527-1900

Siviq Scores

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

Liabilities / Assets

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Liabilities / Revenue

27th percentile

0.00x

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

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Net Margin

52nd percentile

7.4%

Higher net margin than 52% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2020

Asset Growth

40th percentile

2.0%

Faster asset growth than 40% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Revenue Growth

93rd percentile

111%

Faster revenue growth than 93% of similar nonprofits.

2020 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2019 to 2020

Assets

Up

$587,606

Up $11,733 (+2.0%) from 2019

Net Assets

Up

$587,606

Up $11,733 (+2.0%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$272,622

Up $143,352 (+111%) from 2019

Expenses

Up

$252,429

Up $147,603 (+141%) from 2019

Net Income

Down

$20,193

Down $4,251 (-17%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2012: $344,637Liabilities 2012: $02012Assets 2013: $364,297Liabilities 2013: $02013Assets 2014: $356,597Liabilities 2014: $02014Assets 2015: $308,705Liabilities 2015: $2,940Net Assets 2015: $305,7652015Assets 2016: $316,129Liabilities 2016: $0Net Assets 2016: $316,1292016Assets 2017: $337,817Liabilities 2017: $0Net Assets 2017: $337,8172017Assets 2018: $379,635Liabilities 2018: $0Net Assets 2018: $379,6352018Assets 2019: $575,873Liabilities 2019: $0Net Assets 2019: $575,8732019Assets 2020: $587,606Liabilities 2020: $0Net Assets 2020: $587,6062020Assets 2021: $696,073Liabilities 2021: $0Net Assets 2021: $696,0732021Assets 2022: $562,392Liabilities 2022: $0Net Assets 2022: $562,3922022Assets 2023: $583,515Liabilities 2023: $0Net Assets 2023: $583,5152023Assets 2024: $599,773Liabilities 2024: $0Net Assets 2024: $599,7732024

Highlighted filing

2020

Assets$587,606
Liabilities$0
Net Assets$587,606

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2012: $85,978Expenses 2012: $69,589Net Income 2012: $16,3892012Revenue 2013: $113,035Expenses 2013: $93,375Net Income 2013: $19,6602013Revenue 2014: $89,409Expenses 2014: $97,109Net Income 2014: -$7,7002014Revenue 2015: $76,869Expenses 2015: $78,093Net Income 2015: -$1,2242015Revenue 2016: $137,240Expenses 2016: $126,876Net Income 2016: $10,3642016Revenue 2017: $131,307Expenses 2017: $109,619Net Income 2017: $21,6882017Revenue 2018: $150,265Expenses 2018: $108,447Net Income 2018: $41,8182018Revenue 2019: $129,270Expenses 2019: $104,826Net Income 2019: $24,4442019Revenue 2020: $272,622Expenses 2020: $252,429Net Income 2020: $20,1932020Revenue 2021: $246,921Expenses 2021: $232,541Net Income 2021: $14,3802021Revenue 2022: $303,114Expenses 2022: $364,256Net Income 2022: -$61,1422022Revenue 2023: $347,563Expenses 2023: $354,057Net Income 2023: -$6,4942023Revenue 2024: $399,224Expenses 2024: $415,533Net Income 2024: -$16,3092024

Highlighted filing

2020

Revenue$272,622
Expenses$252,429
Net Income$20,193
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 15, 2021
Return Version
2019v5.2
Gross Receipts
$284,380
Mission and Program Overview

Mission

The exempt purpose of broadmead residents association (bra) is to involve broadmead residents in a range of activities, events, and experiences to increase their enjoyment of life and sense of community.

To involve broadmead residents in a range of experiences that increase their sense of community

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$379,118$374,391▼ $4,727
Cash and Non-Interest-Bearing Accounts$111,707$115,730▲ $4,023
Savings and Temporary Cash Investments$85,048$97,485▲ $12,437
Total Assets$575,873$587,606▲ $11,733
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$575,873$587,606▲ $11,733
Total Net Assets Fund Balance$575,873$587,606▲ $11,733
Total Liabilities and Net Assets / Fund Balance$575,873$587,606▲ $11,733
Compensation and Service Providers

Board Members and Trustees

NameTitle
David HarleyPresident
Jack GriffithFirst Vice President
Kathryn SheltonSecond Vice President
Jane MichenerBoard Member- Al & Cc Rep
Carole WeinerBoard Member- Il Rep
Carolyn AdamsBoard Member- Il Rep
Denise LoveBoard Member- Il Rep
Diana HarleyBoard Member- Il Rep
Dotty SchwartzBoard Member- Il Rep
Edie CleavesBoard Member- Il Rep
Emily MohrBoard Member- Il Rep
Francine NietubiczBoard Member- Il Rep
Kathy KennyBoard Member- Il Rep
Linda KochBoard Member- Il Rep
Lucy WrightBoard Member- Il Rep
Nikki ConnersBoard Member- Il Rep
Ruth FleishmanBoard Member- Il Rep
Ruth MartinBoard Member- Il Rep
Sally RobinsonBoard Member- Il Rep
Suzanne SwiftBoard Member- Il Rep
Sylvia MooreBoard Member- Il Rep
Ann HeatonBroadmead Trustee Rep
Ross JonesBroadmead Trustee Rep
Carole GlowackiActivities Coordinator
Brigid GoodyAssociate Treasurer
Mary SturmCluster Coordinator
Karen MeadowSecretary
Jai DixonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$209,727
Program Service Revenue
$9,200
Investment Income
$15,350
Other Revenue
$38,345
All Other Contributions
$209,727
Change in Net Assets
$20,193
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$180,893
Other Expenses$71,536
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$180,893--$180,893
All Other Expenses$18,339--$18,339
Office Expenses-$3,827-$3,827
Other Expenses$3,475--$3,475
Travel$3,471--$3,471
Information Technology$354--$354
Total Functional Expenses$248,602$3,827$0$252,429
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Broadmead IncCockeysville, MD501(c)(3)To Assist Efforts for Recognition of Personnel Enhancing the Overall Environment for the Residents$165,943
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$37,529
Fundraising Direct Expenses$5,703
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Barn Sale$37,529$37,529$5,703$31,826
Total Events$37,529$37,529$5,703$31,826
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 1

Material differences in voting rights: the president shall have no vote except in the case of a tie. Board delegated authority: the executive committee is comprised of the officers (president, first vice president, second vice president, secretary, associate secretary, treasurer, associate treasurer), the two representatives to the broadmead board of trustees, the cluster coordinator and the activities coordinator. The executive committee shall have and may exercise all the powers and duties of the board of directors between meetings of the board in carrying out the necessary business of bra. Any decisions or actions taken by the executive committee shall be approved or disapproved by the board at the next regular meeting.

Form 990, Part VI, Section A, Line 2

David harley, first vice president, and diana harley, board member, have a family relationship.

Form 990, Part VI, Section A, Line 6

The residents of broadmead are the only members of bra.

Form 990, Part VI, Section A, Line 7A

The members annually elect all the board of directors as noted below. The board of directors is comprised of: 1. The officers, elected annually by the membership. 2. One activities coordinator, elected annually by the membership. 3. One cluster coordinator, elected annually by the membership. 4. Two representatives to the broadmead board of trustees, elected annually by the members. 5. One representative from each cluster. Bra members live in clusters, each cluster is entitled to one board representative, who is elected annually by the members of the cluster being represented. 6. One resident representative from each level of care at broadmead (assisted living and comprehensive care). If no representative is available for election from the assisted living and/or comprehensive care residents, the position(s) shall be filled by appointment made jointly by the chair of the health care committee and the bra cluster coordinator. Any appointments are still required to be from bra members, but not necessarily from residents of these units.

Form 990, Part VI, Section A, Line 7B

Any and all provisions of the governing documents may only be amended or repealed by the members.

Form 990, Part VI, Section B, Line 11B

The form 990 was prepared by an independent accounting firm and then reviewed by the finance committee, then by the executive committee, and then a final review is conducted by the entire board of directors prior to filing with the internal revenue service.

Form 990, Part VI, Section C, Line 19

The organization's governing documents are made available to the public upon request. The organization does not issue formal financial statements and at this time does not have a written conflict of interest policy.

Filing and Contact Details

Filer

Filer Name
Broadmead Residents Association
EIN
52-1255281
Phone
4105271900
Address
13801 YORK ROAD, COCKEYSVILLE, MD 21030-1825

Signing Officer

Name
Jai Dixon
Title
Treasurer
Phone
4105271900
Signed
2021-04-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jai Dixon
Formed
1982
Legal Domicile
Md
Voting Board Members
28
Independent Board Members
28
Employees
0
Volunteers
250

Preparer

Firm
Cliftonlarsonallen Llp
Address
610 W GERMANTOWN PIKE SUITE 400, PLYMOUTH MEETING, PA 19462
Preparer
Connie M Lira
Phone
2156433900
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt240
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt260
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt270
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1FIRST VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECOND VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5ASSOCIATE TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6ACTIVITIES COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7CLUSTER COORDINATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8BROADMEAD TRUSTEE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt9BROADMEAD TRUSTEE REP
IRS990/Form990PartVIISectionAGrp/TitleTxt10BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt17BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt18BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt19BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt20BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt21BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt22BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt23BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt24BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt25BOARD MEMBER- IL REP
IRS990/Form990PartVIISectionAGrp/TitleTxt26BOARD MEMBER- AL & CC REP
IRS990/Form990PartVIISectionAGrp/TitleTxt27BOARD MEMBER- IL REP
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IRS990/FormationYr01982
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd01
IRS990/FundraisingDirectExpensesAmt05703
IRS990/FundraisingGrossIncomeAmt037529
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt028
IRS990/GrantAmt0180893
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0180893
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0180893
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0284380
IRS990/GrossRentsGrp/RealAmt0178
IRS990/GrossSalesOfInventoryAmt011984
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt028
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ProgramServicesAmt0354
IRS990/InformationTechnologyGrp/TotalAmt0354
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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt015350
IRS990/InvestmentInJointVentureInd00
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IRS990/InvestmentsPubTradedSecGrp/EOYAmt0374391
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IRS990/LessRentalExpensesGrp/RealAmt00
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE EXEMPT PURPOSE OF BROADMEAD RESIDENTS ASSOCIATION (BRA) IS TO INVOLVE BROADMEAD RESIDENTS IN A RANGE OF ACTIVITIES, EVENTS, AND EXPERIENCES INCREASING THEIR ENJOYMENT OF LIFE AND SENSE OF COMMUNITY.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0575873
IRS990/NetAssetsOrFundBalancesEOYAmt0587606
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt031826
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt031826
IRS990/NetIncomeOrLossGrp/RelatedOrExemptFuncIncomeAmt05929
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt05929
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt0178
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt0178
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-8460
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0575873
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IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt03827
IRS990/OfficeExpensesGrp/TotalAmt03827
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0VOICE OF THE RESIDENTS
IRS990/OtherExpensesGrp/Desc1ARTS AND CULTURE
IRS990/OtherExpensesGrp/Desc2MUSIC
IRS990/OtherExpensesGrp/Desc3MULTICULTURAL ACTIVITIE
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IRS990/OtherExpensesGrp/ProgramServicesAmt113480
IRS990/OtherExpensesGrp/ProgramServicesAmt212940
IRS990/OtherExpensesGrp/ProgramServicesAmt33475
IRS990/OtherExpensesGrp/TotalAmt015650
IRS990/OtherExpensesGrp/TotalAmt113480
IRS990/OtherExpensesGrp/TotalAmt212940
IRS990/OtherExpensesGrp/TotalAmt33475
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
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IRS990/OtherRevenueMiscGrp/Desc0COPIER REVENUE
IRS990/OtherRevenueMiscGrp/Desc1OTHER REVENUE
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IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
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IRS990/ProgramServiceRevenueGrp/Desc0TRANSPORTATION SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1WOODSHOP REVENUE
IRS990/ProgramServiceRevenueGrp/Desc2GREAT DECISIONS REVENUE
IRS990/ProgramServiceRevenueGrp/Desc3SEW AND SO REVENUE
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IRS990/PYOtherExpensesAmt094076
IRS990/PYOtherRevenueAmt055019
IRS990/PYProgramServiceRevenueAmt013691
IRS990/PYRevenuesLessExpensesAmt024444
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0104826
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0129270
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt020193
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0178
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt015129

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