Civic Intelligence

Emerging Technology Centers Inc.

990 • Fiscal year 2017 • EIN 52-1732432

Jul 01, 2016 to Jun 30, 2017 • Filed on Apr 10, 2018

Organization ProfileWWW.ETCBALTIMORE.COM
101 N Haven Street Ste 301Baltimore, MD 21224

(443) 451-7000

Siviq Scores

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

Liabilities / Assets

100th percentile

5.60x

Higher debt load relative to assets than 100% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

2.40x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

14th percentile

-19%

Higher net margin than 14% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

91st percentile

$211,386

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 10.9% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

6th percentile

-19%

Faster asset growth than 6% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

50th percentile

4.2%

Faster revenue growth than 50% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$834,400

Down $193,332 (-19%) from 2016

Net Assets

Down

-$3,841,244

Down $376,900 (-11%) from 2016

Liabilities

Up

$4,675,644

Up $183,568 (+4.1%) from 2016

Revenue And Expenses
Liabilities / Revenue91st percentileNet Margin14th percentile

Revenue

Up

$1,946,102

Up $78,745 (+4.2%) from 2016

Expenses

Up

$2,323,002

Up $161,119 (+7.5%) from 2016

Net Income

Down

-$376,900

Down $82,374 (-28%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth6th percentile

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

$10M$5.0M$0-$5.0M-$10MAssets 2011: $1,436,850Liabilities 2011: $6,625,793Net Assets 2011: -$5,188,9432011Assets 2012: $1,539,484Liabilities 2012: $7,028,243Net Assets 2012: -$5,488,7592012Assets 2013: $1,458,476Liabilities 2013: $3,755,248Net Assets 2013: -$2,296,7722013Assets 2014: $1,159,066Liabilities 2014: $3,943,434Net Assets 2014: -$2,784,3682014Assets 2015: $1,006,855Liabilities 2015: $4,176,673Net Assets 2015: -$3,169,8182015Assets 2016: $1,027,732Liabilities 2016: $4,492,076Net Assets 2016: -$3,464,3442016Assets 2017: $834,400Liabilities 2017: $4,675,644Net Assets 2017: -$3,841,2442017Assets 2018: $615,250Liabilities 2018: $4,923,299Net Assets 2018: -$4,308,0492018Assets 2019: $442,042Liabilities 2019: $160,840Net Assets 2019: $281,2022019Assets 2020: $540,556Liabilities 2020: $144,865Net Assets 2020: $395,6912020Assets 2021: $553,000Liabilities 2021: $170,982Net Assets 2021: $382,0182021Assets 2022: $513,249Liabilities 2022: $112,630Net Assets 2022: $400,6192022Assets 2023: $455,657Liabilities 2023: $25,150Net Assets 2023: $430,5072023Assets 2024: $851,060Liabilities 2024: $40,687Net Assets 2024: $810,3732024

Highlighted filing

2017

Assets$834,400
Liabilities$4,675,644
Net Assets-$3,841,244
Open 2017 Filing

Operations Trend

Revenue Growth50th percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2011: $1,923,389Expenses 2011: $2,609,680Net Income 2011: -$686,2912011Revenue 2012: $2,429,851Expenses 2012: $2,729,667Net Income 2012: -$299,8162012Revenue 2013: $2,355,829Expenses 2013: $2,571,250Net Income 2013: -$215,4212013Revenue 2014: $2,019,656Expenses 2014: $2,507,252Net Income 2014: -$487,5962014Revenue 2015: $1,800,303Expenses 2015: $2,185,753Net Income 2015: -$385,4502015Revenue 2016: $1,867,357Expenses 2016: $2,161,883Net Income 2016: -$294,5262016Revenue 2017: $1,946,102Expenses 2017: $2,323,002Net Income 2017: -$376,9002017Revenue 2018: $1,919,478Expenses 2018: $2,386,283Net Income 2018: -$466,8052018Revenue 2019: $2,416,043Expenses 2019: $1,488,980Net Income 2019: $927,0632019Revenue 2020: $1,055,414Expenses 2020: $940,925Net Income 2020: $114,4892020Revenue 2021: $1,006,591Expenses 2021: $1,020,264Net Income 2021: -$13,6732021Revenue 2022: $1,063,533Expenses 2022: $1,055,326Net Income 2022: $8,2072022Revenue 2023: $843,299Expenses 2023: $813,411Net Income 2023: $29,8882023Revenue 2024: $755,148Expenses 2024: $375,282Net Income 2024: $379,8662024

Highlighted filing

2017

Revenue$1,946,102
Expenses$2,323,002
Net Income-$376,900
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Apr 10, 2018
Return Version
2016v3.1
Gross Receipts
$1,946,102
Mission and Program Overview

Mission

To foster a transformative community of tech-savvy, innovative, entrepreneurial people looking for creative collaboration to accelerate their growth potential and make a powerful economic impact on the City of Baltimore and beyond.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$264,587$325,016▲ $60,429
Cash and Non-Interest-Bearing Accounts$326,886$220,414▼ $106,472
Land, Buildings, and Equipment, Net$362,950$217,555▼ $145,395
Prepaid Expenses and Deferred Charges$16,129$18,427▲ $2,298
Accounts Receivable$450$16,589▲ $16,139
Total Assets$1,027,732$834,400▼ $193,332
Other Assets Total$56,730$36,399▼ $20,331
Liabilities
Accounts Payable and Accrued Expenses$2,965,208$3,326,925▲ $361,717
Mortgage Notes Payable Secured by Investment Property$1,146,593$1,083,476▼ $63,117
Other Liabilities$287,521$234,714▼ $52,807
Deferred Revenue$92,754$30,529▼ $62,225
Total Liabilities$4,492,076$4,675,644▲ $183,568
Net Assets / Fund Balance
Unrestricted Net Assets$-3,464,344$-3,841,244▼ $376,900
Total Net Assets Fund Balance$-3,464,344$-3,841,244▼ $376,900
Total Liabilities and Net Assets / Fund Balance$1,027,732$834,400▼ $193,332

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$217,555$1,963,373$2,180,928
Compensation and Service Providers
Top Officer Pay91st percentile

Employees

NameTitleOtherTotal
Deborah TillettPresident$117,604$117,604

Board Members and Trustees

NameTitle
Shelley LombardoChairman
Ann QuinnDirector
Hans Petit-hommeDirector
Jacqueline BrooksDirector
Jennifer HammakerDirector
Kelley GilmoreDirector
Kimberly ClarkDirector
Yair FlickerDirector
Robert BrennanSecretary
Jeff PillasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,121,031
Program Service Revenue
$824,077
Investment Income
$212
Other Revenue
$782
All Other Contributions
$289,572
Change in Net Assets
$-376,900

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,946,102
Total Revenue per Audited Statements
$1,946,102
Total Revenue per Form 990
$1,946,102
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,631,233
Salaries, Compensation, and Employee Benefits$441,769
Grants and Similar Amounts Paid$250,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$985,872$24,905-$1,010,777
Other Salaries and Wages$192,055$110,333-$302,388
Grants to Domestic Orgs$250,000--$250,000
Office Expenses$194,321$11,985-$206,306
Interest$187,189$4,800-$191,989
Depreciation Depletion$141,760$3,635-$145,395
Current Officers, Directors, Trustees, and Key Employees$54,747$54,746-$109,493
Advertising$23,034$15,407-$38,441
Payroll Taxes$17,908$11,980-$29,888
Travel$8,124$6,269-$14,393
Fees for Services Other$10,510$269-$10,779
Fees for Services Accounting-$9,500-$9,500
Other Expenses-$3,653-$3,653
Total Functional Expenses$2,065,520$257,482$0$2,323,002

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,323,002
Total Expenses per Audited Statements$2,323,002
Total Expenses per Form 990$2,323,002
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Jet Pack IncStanford, CA-Economic Development$75,000
Barttron IncHavre De Grace, MD-Economic Development$50,000
Arbit IncBaltimore, MD-Economic Development$25,000
Gunbail IncBaltimore, MD-Economic Development$25,000
Reciprocal Health IncBaltimore, MD-Economic Development$25,000
Swaggle IncBaltimore, MD-Economic Development$25,000
The Wealth Factory IncBaltimore, MD-Economic Development$25,000
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Lease Expense$165,035
Tenant Security Deposits$69,679
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
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

“The preparer of the 990 makes a formal presentation to the board of directors prior to filing the return.”

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

“Board members are required to disclose conflict of interest. Policy is signned annually.”

Form 990, Page 6, Part VI, Line 15A

“The executive director and other top officials' salaries are set by the baltimore development corporation.”

Form 990, Page 6, Part VI, Line 19

“Available on site upon request.”

Filing and Contact Details

Filer

Filer Name
Emerging Technology Centers Inc
EIN
52-1732432
Phone
4434517000
Address
101 N HAVEN STREET STE 301, BALTIMORE, MD 21224

Signing Officer

Name
Deborah Tillett
Title
President
Phone
4103279150
Signed
2018-04-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Tillett
Formed
1991
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
8
Employees
0

Preparer

Firm
Malvin Riggins & Company Pc
Address
2809 BOSTON STREET STE 107, BALTIMORE, MD 21224
Preparer
Karen L Hoffman CPA
Phone
4106752727
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To foster a transformative community of tech-savvy, innovative, entrepreneurial people looking for creative collaboration to accelerate their growth potential and make a powerful economic impact on the city of baltimore and beyond.”

Financial Statement Notes

Schedule D, Page 3, Part X

“The internal revenue service has not examined (audited) any income tax returns of the organization thus the previous three (3) years are subject to examination. The organization has not taken any questionable tax positions with respect to unrelated business income tax or anything that would jeopardize its 501(c)(3) status.”

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IRS990/OccupancyGrp/TotalAmt01010777
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt011985
IRS990/OfficeExpensesGrp/ProgramServicesAmt0194321
IRS990/OfficeExpensesGrp/TotalAmt0206306
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt056730
IRS990/OtherAssetsTotalGrp/EOYAmt036399
IRS990/OtherExpensesGrp/Desc0BAD DEBT EXPENSE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03653
IRS990/OtherExpensesGrp/TotalAmt03653
IRS990/OtherLiabilitiesGrp/BOYAmt0287521
IRS990/OtherLiabilitiesGrp/EOYAmt0234714
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt0782
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0782
IRS990/OtherRevenueTotalAmt0782
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0110333
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0192055
IRS990/OtherSalariesAndWagesGrp/TotalAmt0302388
IRS990/PartialLiquidationInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt011980
IRS990/PayrollTaxesGrp/ProgramServicesAmt017908
IRS990/PayrollTaxesGrp/TotalAmt029888
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt016129
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt018427
IRS990/PrincipalOfficerNm0DEBORAH TILLETT
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0RENT
IRS990/ProgramServiceRevenueGrp/Desc1SHARED SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0771114
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt152963
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0771114
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt152963
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01022406
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0179000
IRS990/PYInvestmentIncomeAmt0418
IRS990/PYOtherExpensesAmt01551668
IRS990/PYOtherRevenueAmt0325
IRS990/PYProgramServiceRevenueAmt0844208
IRS990/PYRevenuesLessExpensesAmt0-294526
IRS990/PYSalariesCompEmpBnftPaidAmt0431215
IRS990/PYTotalExpensesAmt02161883
IRS990/PYTotalRevenueAmt01867357
IRS990/ReconcilationRevenueExpnssAmt0-376900
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0831459
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0824077
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0264587
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0325016
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 13,292
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART III, LINE 12
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01121031
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01022406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01006049
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01115846
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0963801
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05229133
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0212
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0418
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0899
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01163
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01366
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04058
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0824077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0844208
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0792505
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0902347
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01344656
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt04707793
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0418
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0899
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01163
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01366
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04058
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt0782
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0325
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0850
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0300
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt011035
IRS990ScheduleA/OtherIncome509Grp/TotalAmt013292
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99830
IRS990ScheduleA/PublicSupportPY509Pct00.99810
IRS990ScheduleA/PublicSupportTotal509Amt09936926
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01945108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01866614
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01798554
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt02018193
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt02308457
IRS990ScheduleA/Total509Grp/TotalAmt09936926
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01946102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01867357
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01800303
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt02019656
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt02320858
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt09954276
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/ExpensesSubtotalAmt02323002
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0217555
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt01963373
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt02180928
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0165035
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt169679
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DEFERRED LEASE EXPENSE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANT SECURITY DEPOSITS
IRS990ScheduleD/RevenueSubtotalAmt01946102
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE INTERNAL REVENUE SERVICE HAS NOT EXAMINED (AUDITED) ANY INCOME TAX RETURNS OF THE ORGANIZATION THUS THE PREVIOUS THREE (3) YEARS ARE SUBJECT TO EXAMINATION. THE ORGANIZATION HAS NOT TAKEN ANY QUESTIONABLE TAX POSITIONS WITH RESPECT TO UNRELATED BUSINESS INCOME TAX OR ANYTHING THAT WOULD JEOPARDIZE ITS 501(C)(3) STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 3, PART X
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0217555
IRS990ScheduleD/TotalExpensesPerForm990Amt02323002
IRS990ScheduleD/TotalLiabilityAmt0234714
IRS990ScheduleD/TotalRevenuePerForm990Amt01946102
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01946102
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02323002
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt075000
IRS990ScheduleI/RecipientTable/CashGrantAmt125000
IRS990ScheduleI/RecipientTable/CashGrantAmt250000
IRS990ScheduleI/RecipientTable/CashGrantAmt325000
IRS990ScheduleI/RecipientTable/CashGrantAmt425000
IRS990ScheduleI/RecipientTable/CashGrantAmt525000
IRS990ScheduleI/RecipientTable/CashGrantAmt625000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt4ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt5ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt6ECONOMIC DEVELOPMENT
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0JET PACK INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1GUNBAIL INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2BARTTRON INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3SWAGGLE INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4ARBIT INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5THE WEALTH FACTORY INC
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt6RECIPROCAL HEALTH INC
IRS990ScheduleI/RecipientTable/RecipientEIN0473644855
IRS990ScheduleI/RecipientTable/RecipientEIN1812137922
IRS990ScheduleI/RecipientTable/RecipientEIN2812961007
IRS990ScheduleI/RecipientTable/RecipientEIN3471880607
IRS990ScheduleI/RecipientTable/RecipientEIN4812961007
IRS990ScheduleI/RecipientTable/RecipientEIN5462425389
IRS990ScheduleI/RecipientTable/RecipientEIN6474663207
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0680 SERRA STREET E450
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1101 N HAVEN STREET SUITE 301
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt22021 PULASKI HIGHWAY SUTE D
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3101 N HAVEN STREET SUITE 301
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt4E 33RD STREET
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt5101 N HAVEN STREET SUITE 301
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt6101 N HAVEN STREET SUITE 301
IRS990ScheduleI/RecipientTable/USAddress/CityNm0STANFORD
IRS990ScheduleI/RecipientTable/USAddress/CityNm1BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/CityNm2HAVRE DE GRACE
IRS990ScheduleI/RecipientTable/USAddress/CityNm3BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/CityNm4BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/CityNm5BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/CityNm6BALTIMORE
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0CA
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2MD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3MD

Document Assets

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Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$834,400
Liabilities
$4,675,644
Net assets
-$3,841,244
Revenue
$1,946,102
Expenses
$2,323,002
Net income
-$376,900
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.85$0.04$0.81$0.76$0.38$0.38
2023Detailed filing. Detailed filing data is available for this year.$0.46$0.03$0.43$0.84$0.81$0.03
2022Detailed filing. Detailed filing data is available for this year.$0.51$0.11$0.40$1.06$1.06$0.01
2021Detailed filing. Detailed filing data is available for this year.$0.55$0.17$0.38$1.01$1.02$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.54$0.14$0.40$1.06$0.94$0.11
2019Detailed filing. Detailed filing data is available for this year.$0.44$0.16$0.28$2.42$1.49$0.93
2018Detailed filing. Detailed filing data is available for this year.$0.62$4.92$4.31$1.92$2.39$0.47
2017Detailed filing. Detailed filing data is available for this year.$0.83$4.68$3.84$1.95$2.32$0.38
2016Detailed filing. Detailed filing data is available for this year.$1.03$4.49$3.46$1.87$2.16$0.29
2015Detailed filing. Detailed filing data is available for this year.$1.01$4.18$3.17$1.80$2.19$0.39
2014Detailed filing. Detailed filing data is available for this year.$1.16$3.94$2.78$2.02$2.51$0.49
2013Summary only. Only limited summary data is available for this year.$1.46$3.76$2.30$2.36$2.57$0.22
2012Summary only. Only limited summary data is available for this year.$1.54$7.03$5.49$2.43$2.73$0.30
2011Summary only. Only limited summary data is available for this year.$1.44$6.63$5.19$1.92$2.61$0.69