Civic Intelligence

MID-Atlantic Venture Association Inc

990 • Fiscal year 2019 • EIN 52-1565676

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 20, 2020

1400 K Street No 1100Washington, DC 20005

(202) 847-0053

Siviq Scores

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

Liabilities / Assets

96th percentile

0.84x

Higher debt load relative to assets than 96% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

93rd percentile

0.62x

Higher debt load relative to revenue than 93% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Net Margin

77th percentile

14%

Higher net margin than 77% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

97th percentile

$227,113

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 27.8% of source-year revenue.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Source year 2019

Asset Growth

99th percentile

204%

Faster asset growth than 99% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

83rd percentile

21%

Faster revenue growth than 83% of similar nonprofits.

2019 filings • 501(c)6 • $500k-$1M nonprofits • Annualized from 2018 to 2019

Assets

Up

$607,199

Up $407,479 (+204%) from 2018

Net Assets

Up

$98,519

Up $113,154 (+773%) from 2018

Liabilities

Up

$508,680

Up $294,325 (+137%) from 2018

Revenue

Up

$818,307

Up $139,488 (+21%) from 2018

Expenses

Down

$705,153

Down $60,057 (-7.8%) from 2018

Net Income

Up

$113,154

Up $199,545 (+231%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.0M$0-$1.0MAssets 2010: $1,491,095Liabilities 2010: $318,338Net Assets 2010: $1,172,7572010Assets 2011: $1,112,817Liabilities 2011: $198,053Net Assets 2011: $914,7642011Assets 2012: $752,567Liabilities 2012: $60,474Net Assets 2012: $692,0932012Assets 2013: $619,570Liabilities 2013: $150,504Net Assets 2013: $469,0662013Assets 2014: $825,884Liabilities 2014: $474,839Net Assets 2014: $351,0452014Assets 2015: $622,953Liabilities 2015: $265,324Net Assets 2015: $357,6292015Assets 2016: $406,642Liabilities 2016: $171,598Net Assets 2016: $235,0442016Assets 2017: $316,592Liabilities 2017: $244,836Net Assets 2017: $71,7562017Assets 2018: $199,720Liabilities 2018: $214,355Net Assets 2018: -$14,6352018Assets 2019: $607,199Liabilities 2019: $508,680Net Assets 2019: $98,5192019Assets 2020: $358,779Liabilities 2020: $388,057Net Assets 2020: -$29,2782020Assets 2021: $383,948Liabilities 2021: $560,694Net Assets 2021: -$176,7462021Assets 2022: $45,159Liabilities 2022: $574,279Net Assets 2022: -$529,1202022

Highlighted filing

2019

Assets$607,199
Liabilities$508,680
Net Assets$98,519

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,550,2152010Expenses 2011: $1,620,3202011Expenses 2012: $1,332,6082012Revenue 2013: $1,042,047Expenses 2013: $1,265,074Net Income 2013: -$223,0272013Revenue 2014: $996,842Expenses 2014: $1,114,863Net Income 2014: -$118,0212014Revenue 2015: $935,210Expenses 2015: $928,626Net Income 2015: $6,5842015Revenue 2016: $728,689Expenses 2016: $851,274Net Income 2016: -$122,5852016Revenue 2017: $697,856Expenses 2017: $861,144Net Income 2017: -$163,2882017Revenue 2018: $678,819Expenses 2018: $765,210Net Income 2018: -$86,3912018Revenue 2019: $818,307Expenses 2019: $705,153Net Income 2019: $113,1542019Revenue 2020: $510,705Expenses 2020: $638,502Net Income 2020: -$127,7972020Revenue 2021: $326,081Expenses 2021: $473,549Net Income 2021: -$147,4682021Revenue 2022: $70,032Expenses 2022: $422,406Net Income 2022: -$352,3742022

Highlighted filing

2019

Revenue$818,307
Expenses$705,153
Net Income$113,154
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 20, 2020
Return Version
2019v5.1
Gross Receipts
$818,307
Mission and Program Overview

Mission

Mava represents and supports high growth enterprises that are financed from capital across the various stages in their life cycle. From venture to private equity, angel to growth equity, and family offices to corporate strategics, mava brings together the full spectrum of investment capital and the key resources necessary to accelerate the growth of companies across industry sectors from start-up to exit.mava provides an independent platform designed to bring together the complete range of capital sources, strategic partners and key advisory resources critical to the growth of companies across all technology sectors and stages of development. Mava delivers a series of thoughtfully designed programs and forums to stimulate revenue and company growth, facilitate quality deal flow, encourage collaboration, and foster valuable, relationships among business leaders, entrepreneurs, investors, capital, strategic partners and customers.

Fosters the development and growth of business enterprise.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$83,507$277,773▲ $194,266
Accounts Receivable-$219,025-
Savings and Temporary Cash Investments$103,675$103,953▲ $278
Prepaid Expenses and Deferred Charges$11,852$6,448▼ $5,404
Land, Buildings, and Equipment, Net$686$0▼ $686
Total Assets$199,720$607,199▲ $407,479
Liabilities
Deferred Revenue$143,271$361,562▲ $218,291
Grants Payable-$95,599-
Accounts Payable and Accrued Expenses$71,084$51,519▼ $19,565
Total Liabilities$214,355$508,680▲ $294,325
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-14,635$98,519▲ $113,154
Total Net Assets Fund Balance$-14,635$98,519▲ $113,154
Total Liabilities and Net Assets / Fund Balance$199,720$607,199▲ $407,479

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$0$1,641-
Leasehold Improvements$0$19,160-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Julia SpicerExecutive Director, Exec CFT$202,113$25,000$227,113

Board Members and Trustees

NameTitle
Mark LevineChairman (and Interim Trea
Alexei CowlettBoard Member
Bob NyeBoard Member
Carter GriffinBoard Member
James PastorizaBoard Member
Kay ParryBoard Member
Mark EllenboganBoard Member
Sid BanerjeeBoard Member
Steve BalistreriBoard Member
Thomas WeithmanBoard Member
Wayne JacksonBoard Member
Jonathan PerlBoard Member, Exec Committ
Mark MaloneyBoard Member, Exec Committ
Thomas RobertsBoard Member, Exec Committ
Todd KleinBoard Member, Exec Committ
Michael LabriolaBoard Member, General Coun
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$792,079
Investment Income
$278
Other Revenue
$25,950
Change in Net Assets
$113,154

Audited Revenue Reconciliation

Revenue per Audited Statements
$818,307
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$24,000
Total Revenue per Audited Statements
$842,307
Total Revenue per Form 990
$818,307
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$415,076
Other Expenses$289,575
Professional Fundraising Fees$502
Grants and Similar Amounts Paid$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$240,192
Other Salaries and Wages---$133,337
Conferences and Meetings---$107,960
Fees for Services Accounting---$69,241
Information Technology---$57,271
Office Expenses---$37,029
Payroll Taxes---$24,667
Other Employee Benefits---$14,167
Travel---$7,888
Pension Plan Contributions---$2,713
Depreciation Depletion---$686
Fees for Services Professional Fundraising---$502
Other Expenses---$478
Fees for Services Other---$114
Advertising---$40
Fees for Services Legal---$6
Total Functional Expenses$0$0$0$705,153

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$729,153
Expenses per Audited Statements$705,153
Total Expenses per Form 990$705,153
Expenses Not Reported on Form 990$24,000
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$502
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
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, Part VI, Section A, Line 6

It is a 501(c)(6) member organization. Members consist of investors across the full stage of investment capital (angels, institutional venture capital firms, growth equity, debt, secondaries, family offices, private equity); companies across stage (growth, public, start-up and innovators); corporate and professional advisory (legal, accounting, banks, etc) and corporate (technology focused); and affiliates (non-profits, government entities and academic organizations).

Form 990, Part VI, Section A, Line 8B

Only full board meetings require written minutes.

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

The treasurer and the chairman review the form 990, and discuss it with management. A copy of the draft form is sent to the executive committee.

Form 990, Part VI, Section B, Line 12C

For each interest disclosed to the president of the board of directors, the president will determine whether to: (a) take no action; (b) assure full disclosure to the board of directors and other individuals covered by this policy; (c) ask the person to recuse from participation in related discussions or decisions within the institute; or (d) ask the person to resign from his or her position in the institute; or, if the person refuses to resign, become subject to possible removal in accordance with the institute's removal procedures. The institute's chief employed executive and chief employed finance executive will monitor proposed or ongoing transactions for conflicts of interest and disclose them to the president of the board of directors in order to deal with potential or actual conflicts, whether discovered before or after the transaction has occurred.

Form 990, Part VI, Section B, Line 15A

Independent members of the executive committee of the board use historical comparability data and current market conditions to determine the compensation of the executive director.

Form 990, Part VI, Section C, Line 19

The governing documents and finanical statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Mid-atlantic Venture Association Inc
EIN
52-1565676
Phone
2028470053
Address
1400 K STREET NO 1100, WASHINGTON, DC 20005

Signing Officer

Name
Julia Spicer
Title
Executive Director
Phone
2028470053
Signed
2020-10-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Julia Spicer
Formed
1987
Legal Domicile
Md
Voting Board Members
20
Independent Board Members
19
Employees
3
Volunteers
19

Preparer

Firm
Cliftonlarsonallen Llp
Address
420 SOUTH ORANGE AVENUE SUITE 500, ORLANDO, FL 32801
Preparer
Lisa Stover
Phone
5712279500
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IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/RelatedOrExemptFuncIncomeAmt0365
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt0365
IRS990/MissionDesc0MAVA REPRESENTS AND SUPPORTS HIGH GROWTH ENTERPRISES THAT ARE FINANCED FROM CAPITAL ACROSS THE VARIOUS STAGES IN THEIR LIFE CYCLE. FROM VENTURE TO PRIVATE EQUITY, ANGEL TO GROWTH EQUITY, AND FAMILY OFFICES TO CORPORATE STRATEGICS, MAVA BRINGS TOGETHER THE FULL SPECTRUM OF INVESTMENT CAPITAL AND THE KEY RESOURCES NECESSARY TO ACCELERATE THE GROWTH OF COMPANIES ACROSS INDUSTRY SECTORS FROM START-UP TO EXIT.MAVA PROVIDES AN INDEPENDENT PLATFORM DESIGNED TO BRING TOGETHER THE COMPLETE RANGE OF CAPITAL SOURCES, STRATEGIC PARTNERS AND KEY ADVISORY RESOURCES CRITICAL TO THE GROWTH OF COMPANIES ACROSS ALL TECHNOLOGY SECTORS AND STAGES OF DEVELOPMENT. MAVA DELIVERS A SERIES OF THOUGHTFULLY DESIGNED PROGRAMS AND FORUMS TO STIMULATE REVENUE AND COMPANY GROWTH, FACILITATE QUALITY DEAL FLOW, ENCOURAGE COLLABORATION, AND FOSTER VALUABLE, RELATIONSHIPS AMONG BUSINESS LEADERS, ENTREPRENEURS, INVESTORS, CAPITAL, STRATEGIC PARTNERS AND CUSTOMERS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0-14635
IRS990/NetAssetsOrFundBalancesEOYAmt098519
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-14635
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt098519
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/TotalAmt037029
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt014167
IRS990/OtherExpensesGrp/Desc0OTHER FEES
IRS990/OtherExpensesGrp/Desc1SUBSCRIPTIONS AND PUBLI
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IRS990/OtherExpensesGrp/TotalAmt1478
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0OTHER INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt025585
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt025585
IRS990/OtherRevenueTotalAmt025950
IRS990/OtherSalariesAndWagesGrp/TotalAmt0133337
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt024667
IRS990/PensionPlanContributionsGrp/TotalAmt02713
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt011852
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06448
IRS990/PrincipalOfficerNm0JULIA SPICER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0SPONSORSHIPS
IRS990/ProgramServiceRevenueGrp/Desc1MEMBERSHIP DUES
IRS990/ProgramServiceRevenueGrp/Desc2MEETINGS AND EVENTS
IRS990/ProgramServiceRevenueGrp/ExclusionAmt0408729
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0357440
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt121509
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0408729
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1357440
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt221509
IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATION AND OPERATIONAL WORKSHOPS:PROVIDE EDUCATIONAL WORKSHOPS TO START-UP AND HIGH GROWTH COMPANIES AND PRIVATE FINANCING PROFESSIONALS.
IRS990/ProgSrvcAccomActy3Grp/Desc0LUNCHEON, PROGRAMS, RECEPTIONS, WORKSHOPS, AND OTHER EVENTS: FEATURE SPEAKERS AND/OR BUSINESS DISCUSSIONS REGARDING ENTREPRENEURIAL CONCERNS, INVESTMENT TRENDS, TECHNOLOGY ADVANCES, COMPANY FINANCING, TAX MATTERS, IPOS AND PUBLIC POLICY ISSUES.
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0562
IRS990/PYOtherExpensesAmt0360004
IRS990/PYOtherRevenueAmt07150
IRS990/PYProgramServiceRevenueAmt0671107
IRS990/PYRevenuesLessExpensesAmt0-86391
IRS990/PYSalariesCompEmpBnftPaidAmt0405206
IRS990/PYTotalExpensesAmt0765210
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0678819
IRS990/ReconcilationRevenueExpnssAmt0113154
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0103675
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0103953
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt024000
IRS990ScheduleD/DonatedServicesUseFcltsAmt024000
IRS990ScheduleD/EquipmentGrp/BookValueAmt00
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01641
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt01641
IRS990ScheduleD/ExpensesNotReportedAmt024000
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0705153
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt00
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt019160
IRS990ScheduleD/LeaseholdImprovementsGrp/InvestmentCostOrOtherBasisAmt019160
IRS990ScheduleD/RevenueNotReportedAmt024000
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0818307
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalExpensesPerForm990Amt0705153
IRS990ScheduleD/TotalRevenuePerForm990Amt0818307
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0842307
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0729153
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0202113
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt025000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JULIA SPICER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR, EXEC C
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0227113
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SubstantiationRequiredInd01
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0IT IS A 501(C)(6) MEMBER ORGANIZATION. MEMBERS CONSIST OF INVESTORS ACROSS THE FULL STAGE OF INVESTMENT CAPITAL (ANGELS, INSTITUTIONAL VENTURE CAPITAL FIRMS, GROWTH EQUITY, DEBT, SECONDARIES, FAMILY OFFICES, PRIVATE EQUITY); COMPANIES ACROSS STAGE (GROWTH, PUBLIC, START-UP AND INNOVATORS); CORPORATE AND PROFESSIONAL ADVISORY (LEGAL, ACCOUNTING, BANKS, ETC) AND CORPORATE (TECHNOLOGY FOCUSED); AND AFFILIATES (NON-PROFITS, GOVERNMENT ENTITIES AND ACADEMIC ORGANIZATIONS).
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ONLY FULL BOARD MEETINGS REQUIRE WRITTEN MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TREASURER AND THE CHAIRMAN REVIEW THE FORM 990, AND DISCUSS IT WITH MANAGEMENT. A COPY OF THE DRAFT FORM IS SENT TO THE EXECUTIVE COMMITTEE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3FOR EACH INTEREST DISCLOSED TO THE PRESIDENT OF THE BOARD OF DIRECTORS, THE PRESIDENT WILL DETERMINE WHETHER TO: (A) TAKE NO ACTION; (B) ASSURE FULL DISCLOSURE TO THE BOARD OF DIRECTORS AND OTHER INDIVIDUALS COVERED BY THIS POLICY; (C) ASK THE PERSON TO RECUSE FROM PARTICIPATION IN RELATED DISCUSSIONS OR DECISIONS WITHIN THE INSTITUTE; OR (D) ASK THE PERSON TO RESIGN FROM HIS OR HER POSITION IN THE INSTITUTE; OR, IF THE PERSON REFUSES TO RESIGN, BECOME SUBJECT TO POSSIBLE REMOVAL IN ACCORDANCE WITH THE INSTITUTE'S REMOVAL PROCEDURES. THE INSTITUTE'S CHIEF EMPLOYED EXECUTIVE AND CHIEF EMPLOYED FINANCE EXECUTIVE WILL MONITOR PROPOSED OR ONGOING TRANSACTIONS FOR CONFLICTS OF INTEREST AND DISCLOSE THEM TO THE PRESIDENT OF THE BOARD OF DIRECTORS IN ORDER TO DEAL WITH POTENTIAL OR ACTUAL CONFLICTS, WHETHER DISCOVERED BEFORE OR AFTER THE TRANSACTION HAS OCCURRED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4INDEPENDENT MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD USE HISTORICAL COMPARABILITY DATA AND CURRENT MARKET CONDITIONS TO DETERMINE THE COMPENSATION OF THE EXECUTIVE DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE GOVERNING DOCUMENTS AND FINANICAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd01
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0199720
IRS990/TotalAssetsEOYAmt0607199
IRS990/TotalAssetsGrp/BOYAmt0199720
IRS990/TotalAssetsGrp/EOYAmt0607199
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt03
IRS990/TotalFunctionalExpensesGrp/TotalAmt0705153
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0214355
IRS990/TotalLiabilitiesEOYAmt0508680
IRS990/TotalLiabilitiesGrp/BOYAmt0214355
IRS990/TotalLiabilitiesGrp/EOYAmt0508680
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0-14635
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt098519
IRS990/TotalOtherCompensationAmt025000
IRS990/TotalOthProgramServiceRevGrp/RelatedOrExemptFuncIncomeAmt04401
IRS990/TotalOthProgramServiceRevGrp/TotalRevenueColumnAmt04401
IRS990/TotalProgramServiceRevenueAmt0792079
IRS990/TotalReportableCompFromOrgAmt0202113
IRS990/TotalRevenueGrp/ExclusionAmt0409007
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0409300
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0818307
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt019

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2022Detailed filing. Detailed filing data is available for this year.$0.05$0.57$0.53$0.07$0.42$0.35
2021Detailed filing. Detailed filing data is available for this year.$0.38$0.56$0.18$0.33$0.47$0.15
2020Detailed filing. Detailed filing data is available for this year.$0.36$0.39$0.03$0.51$0.64$0.13
2019Detailed filing. Detailed filing data is available for this year.$0.61$0.51$0.10$0.82$0.71$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.20$0.21$0.01$0.68$0.77$0.09
2017Detailed filing. Detailed filing data is available for this year.$0.32$0.24$0.07$0.70$0.86$0.16
2016Detailed filing. Detailed filing data is available for this year.$0.41$0.17$0.24$0.73$0.85$0.12
2015Detailed filing. Detailed filing data is available for this year.$0.62$0.27$0.36$0.94$0.93$0.01
2014Detailed filing. Detailed filing data is available for this year.$0.83$0.47$0.35$1.00$1.11$0.12
2013Detailed filing. Detailed filing data is available for this year.$0.62$0.15$0.47$1.04$1.27$0.22
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.75$0.06$0.69$1.33
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.11$0.20$0.91$1.62
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.32$1.17$1.55