Civic Intelligence

The Promise Resource Center Inc.

990 • Fiscal year 2016 • EIN 52-1266742

Jul 01, 2015 to Jun 30, 2016 • Filed on Nov 08, 2016

29958 Killpeck Creek CourtCharlotte Hall, MD 20622

(301) 290-0040

Siviq Scores

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

Liabilities / Assets

60th percentile

0.09x

Higher debt load relative to assets than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

51st percentile

0.04x

Higher debt load relative to revenue than 51% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

52nd percentile

3.6%

Higher net margin than 52% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

80th percentile

$75,991

Higher top officer pay than 80% of similar nonprofits.

Top officer pay equals 11.2% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

60th percentile

5.3%

Faster asset growth than 60% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

28th percentile

-7.8%

Faster revenue growth than 28% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Up

$304,768

Up $15,390 (+5.3%) from 2015

Net Assets

Up

$276,766

Up $24,070 (+9.5%) from 2015

Liabilities

Down

$28,002

Down $8,680 (-24%) from 2015

Revenue

Down

$676,573

Down $57,408 (-7.8%) from 2015

Expenses

Down

$652,503

Down $84,004 (-11%) from 2015

Net Income

Up

$24,070

Up $26,596 (+1053%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $326,234Liabilities 2011: $64,164Net Assets 2011: $262,0702011Assets 2012: $273,691Liabilities 2012: $40,132Net Assets 2012: $233,5592012Assets 2013: $310,541Liabilities 2013: $36,977Net Assets 2013: $273,5642013Assets 2014: $295,713Liabilities 2014: $40,491Net Assets 2014: $255,2222014Assets 2015: $289,378Liabilities 2015: $36,682Net Assets 2015: $252,6962015Assets 2016: $304,768Liabilities 2016: $28,002Net Assets 2016: $276,7662016Assets 2017: $327,562Liabilities 2017: $37,486Net Assets 2017: $290,0762017Assets 2018: $326,453Liabilities 2018: $45,269Net Assets 2018: $281,1842018Assets 2019: $836,492Liabilities 2019: $580,691Net Assets 2019: $255,8012019Assets 2020: $774,643Liabilities 2020: $639,749Net Assets 2020: $134,8942020Assets 2021: $805,316Liabilities 2021: $721,891Net Assets 2021: $83,4252021Assets 2022: $834,967Liabilities 2022: $649,403Net Assets 2022: $185,5642022Assets 2023: $550,312Liabilities 2023: $417,152Net Assets 2023: $133,1602023

Highlighted filing

2016

Assets$304,768
Liabilities$28,002
Net Assets$276,766

Operations Trend

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

$1.5M$1.0M$500K$0-$500KRevenue 2011: $698,536Expenses 2011: $749,117Net Income 2011: -$50,5812011Expenses 2012: $622,2172012Expenses 2013: $693,2302013Revenue 2014: $686,871Expenses 2014: $705,223Net Income 2014: -$18,3522014Revenue 2015: $733,981Expenses 2015: $736,507Net Income 2015: -$2,5262015Revenue 2016: $676,573Expenses 2016: $652,503Net Income 2016: $24,0702016Revenue 2017: $724,971Expenses 2017: $711,661Net Income 2017: $13,3102017Revenue 2018: $816,770Expenses 2018: $825,662Net Income 2018: -$8,8922018Revenue 2019: $774,521Expenses 2019: $799,904Net Income 2019: -$25,3832019Revenue 2020: $715,369Expenses 2020: $836,276Net Income 2020: -$120,9072020Revenue 2021: $662,351Expenses 2021: $713,820Net Income 2021: -$51,4692021Revenue 2022: $1,014,131Expenses 2022: $1,026,412Net Income 2022: -$12,2812022Revenue 2023: $742,922Expenses 2023: $795,326Net Income 2023: -$52,4042023

Highlighted filing

2016

Revenue$676,573
Expenses$652,503
Net Income$24,070
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Nov 8, 2016
Return Version
2015v2.0
Gross Receipts
$676,573
Mission and Program Overview

Mission

To work with parents, child care providers, businesses, and community organizations to help promote the availability of quality child care in calvert, charles, and st mary's county, maryland.

To works with parents, child care providers, businesses, and community organizations to help promote the availability of quality child care in Calvert, Charles, and St. Mary's County, Maryland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$112,626$128,414▲ $15,788
Pledges and Grants Receivable$104,274$79,742▼ $24,532
Accounts Receivable$40,772$40,200▼ $572
Cash and Non-Interest-Bearing Accounts$12,474$39,603▲ $27,129
Land, Buildings, and Equipment, Net$10,307$8,279▼ $2,028
Prepaid Expenses and Deferred Charges$4,758$4,363▼ $395
Other Notes and Loans Receivable, Net-$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-
Inventories for Sale or Use-$0-
Total Assets$289,378$304,768▲ $15,390
Other Assets Total$4,167$4,167→ $0
Liabilities
Accounts Payable and Accrued Expenses$34,307$24,132▼ $10,175
Deferred Revenue$2,375$3,870▲ $1,495
Total Liabilities$36,682$28,002▼ $8,680
Net Assets / Fund Balance
Unrestricted Net Assets$252,696$276,766▲ $24,070
Total Net Assets Fund Balance$252,696$276,766▲ $24,070
Total Liabilities and Net Assets / Fund Balance$289,378$304,768▲ $15,390

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$8,164$56,468$64,632
Equipment$115$9,063$9,178
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Siobhan WarsinskeExecutive DirectorFT$75,991$75,991
Tina StoneFiscal DirectorFT$58,683$58,683

Board Members and Trustees

NameTitle
Jim CookPresident
Crystal JohnsonDirector
Shannon ConklinDirector
Kelly HutterExecutive Director
Jennifer NeffSecretary
Kathy RineamanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$385,718
Program Service Revenue
$279,088
Investment Income
$161
Other Revenue
$11,606
All Other Contributions
$10,728
Change in Net Assets
$24,070

Audited Revenue Reconciliation

Revenue per Audited Statements
$676,573
Total Revenue per Audited Statements
$676,573
Total Revenue per Form 990
$676,573
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$434,464
Other Expenses$218,039
Total Fundraising Expense$12,170
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$238,345$17,054$3,087$258,486
Current Officers, Directors, Trustees, and Key Employees$123,900$9,427$1,347$134,674
Occupancy$54,178$2,951$446$57,575
Payroll Taxes$30,212$1,994$339$32,545
Fees for Services Accounting$20,963$608$867$22,438
Fees for Services Other$16,388$1,545$268$18,201
Travel$15,620$843$149$16,612
Insurance$8,484$300$131$8,915
All Other Expenses$6,691$303$108$7,102
Other Expenses$5,675$82$249$6,006
Advertising$757$69$4,274$5,100
Pension Plan Contributions$4,660$349$41$5,050
Other Employee Benefits$3,424$253$32$3,709
Depreciation Depletion$1,704$324-$2,028
Total Functional Expenses$601,678$38,655$12,170$652,503

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$652,503
Total Expenses per Audited Statements$652,503
Total Expenses per Form 990$652,503
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$10,026
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
No
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
Yes
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 11B: Form 990 Review Process

All board members are provided a copy of Form 990 for review at a regularly scheduled board meeting. All questions (if any) are addressed and resolved before the 990 is filed.

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

The board employs an independent compensation consultant to assist in determining the proper compensation for senior personnel. Compensation decisions are approved by the board.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

See 15a above.

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

Documents made available upon request.

Filing and Contact Details

Filer

Filer Name
The Promise Resource Center Inc
EIN
52-1266742
Phone
3012900040
Address
29958 KILLPECK CREEK COURT, CHARLOTTE HALL, MD 20622

Signing Officer

Name
Kelly Hutter
Title
Executive Director
Signed
2016-11-08
Discuss with paid preparer
Yes

Organization Details

Formed
1998
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
3
Employees
29
Volunteers
48

Preparer

Firm
Bridgett Mock & Associates PA
Address
3805 Leonardtown Road, Waldorf, MD 20601-3627
Preparer
Diane L Mock
Phone
3016455454
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IRS990/OtherEmployeeBenefitsGrp/TotalAmt03709
IRS990/OtherExpensesGrp/Desc0SUPPLIES
IRS990/OtherExpensesGrp/Desc1CONTRACT SERVICES
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3STAFF TRAINING
IRS990/OtherExpensesGrp/FundraisingAmt0109
IRS990/OtherExpensesGrp/FundraisingAmt1438
IRS990/OtherExpensesGrp/FundraisingAmt2285
IRS990/OtherExpensesGrp/FundraisingAmt3249
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0875
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt11093
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2585
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt382
IRS990/OtherExpensesGrp/ProgramServicesAmt037501
IRS990/OtherExpensesGrp/ProgramServicesAmt118773
IRS990/OtherExpensesGrp/ProgramServicesAmt214403
IRS990/OtherExpensesGrp/ProgramServicesAmt35675
IRS990/OtherExpensesGrp/TotalAmt038485
IRS990/OtherExpensesGrp/TotalAmt120304
IRS990/OtherExpensesGrp/TotalAmt215273
IRS990/OtherExpensesGrp/TotalAmt36006
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt01580
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01580
IRS990/OtherRevenueTotalAmt01580
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt03087
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt017054
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0238345
IRS990/OtherSalariesAndWagesGrp/TotalAmt0258486
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/FundraisingAmt0339
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt01994
IRS990/PayrollTaxesGrp/ProgramServicesAmt030212
IRS990/PayrollTaxesGrp/TotalAmt032545
IRS990/PensionPlanContributionsGrp/FundraisingAmt041
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0349
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt04660
IRS990/PensionPlanContributionsGrp/TotalAmt05050
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0104274
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt079742
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04758
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt04363
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0FAMILY BEHAVORAL SERVICES
IRS990/ProgramServiceRevenueGrp/Desc1TRAINING FEES & EQUIPMENT
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt077223
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1201865
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt077223
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1201865
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0497750
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt0122
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0239806
IRS990/PYOtherRevenueAmt01180
IRS990/PYProgramServiceRevenueAmt0234929
IRS990/PYRevenuesLessExpensesAmt0-2526
IRS990/PYSalariesCompEmpBnftPaidAmt0496701
IRS990/PYTotalExpensesAmt0736507
IRS990/PYTotalRevenueAmt0733981
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt024070
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0112626
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0128414
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0385718
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0497750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0684791
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0730502
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0584431
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt02883192
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0161
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0122
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0191
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0260
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0300
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01034
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0514017
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt01580
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt01180
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt01889
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02618
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt08975
IRS990ScheduleA/OtherIncome170Grp/TotalAmt016242
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99400
IRS990ScheduleA/PublicSupportPY170Pct00.97970
IRS990ScheduleA/PublicSupportTotal170Amt02883192
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0385718
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0497750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0684791
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0730502
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0584431
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt02883192
IRS990ScheduleA/TotalSupportAmt02900468
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0115
IRS990ScheduleD/EquipmentGrp/DepreciationAmt09063
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt09178
IRS990ScheduleD/ExpensesSubtotalAmt0652503
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt08164
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt056468
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt064632
IRS990ScheduleD/RevenueSubtotalAmt0676573
IRS990ScheduleD/TotalBookValueLandBuildingsAmt08279
IRS990ScheduleD/TotalExpensesPerForm990Amt0652503
IRS990ScheduleD/TotalRevenuePerForm990Amt0676573
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0676573
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0652503
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt075991
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0SIOBHAN WARSINSKE
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt075991
IRS990ScheduleJ/SeverancePaymentInd0false

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.55$0.42$0.13$0.74$0.80$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.65$0.19$1.01$1.03$0.01
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.81$0.72$0.08$0.66$0.71$0.05
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.77$0.64$0.13$0.72$0.84$0.12
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.84$0.58$0.26$0.77$0.80$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.33$0.05$0.28$0.82$0.83$0.01
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.33$0.04$0.29$0.72$0.71$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.28$0.68$0.65$0.02
2015Detailed filing. Detailed filing data is available for this year.$0.29$0.04$0.25$0.73$0.74$0.00
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.30$0.04$0.26$0.69$0.71$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.31$0.04$0.27$0.69
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.27$0.04$0.23$0.62
2011Summary only. Only limited summary data is available for this year.$0.33$0.06$0.26$0.70$0.75$0.05