Civic Intelligence

Emerging Technology Centers Inc.

990 • Fiscal year 2020 • EIN 52-1732432

Jul 01, 2019 to Jun 30, 2020 • Filed on Apr 07, 2021

Organization Profilewww.etcbaltimore.com
101 N Haven StBaltimore, MD 21224

(443) 451-7000

Siviq Scores

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

Liabilities / Assets

68th percentile

0.27x

Higher debt load relative to assets than 68% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

50th percentile

0.14x

Higher debt load relative to revenue than 50% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

60th percentile

11%

Higher net margin than 60% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

92nd percentile

$231,198

Higher top officer pay than 92% of similar nonprofits.

Top officer pay equals 21.9% of source-year revenue.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

74th percentile

22%

Faster asset growth than 74% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

6th percentile

-56%

Faster revenue growth than 6% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$540,556

Up $98,514 (+22%) from 2019

Net Assets

Up

$395,691

Up $114,489 (+41%) from 2019

Liabilities

Down

$144,865

Down $15,975 (-9.9%) from 2019

Revenue And Expenses
Liabilities / Revenue50th percentileNet Margin60th percentile

Revenue

Down

$1,055,414

Down $1,360,629 (-56%) from 2019

Expenses

Down

$940,925

Down $548,055 (-37%) from 2019

Net Income

Down

$114,489

Down $812,574 (-88%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth74th 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

2020

Assets$540,556
Liabilities$144,865
Net Assets$395,691
Open 2020 Filing

Operations Trend

Revenue Growth6th 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

2020

Revenue$1,055,414
Expenses$940,925
Net Income$114,489
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Apr 7, 2021
Return Version
2019v5.0
Gross Receipts
$1,055,414
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$337,741$416,142▲ $78,401
Cash and Non-Interest-Bearing Accounts$86,485$96,908▲ $10,423
Prepaid Expenses and Deferred Charges$17,816$27,506▲ $9,690
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$442,042$540,556▲ $98,514
Other Assets Total-$0-
Liabilities
Accounts Payable and Accrued Expenses$74,858$75,669▲ $811
Other Liabilities$78,409$59,314▼ $19,095
Deferred Revenue$7,573$9,882▲ $2,309
Total Liabilities$160,840$144,865▼ $15,975
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$281,202$377,173▲ $95,971
Net Assets With Donor Restrictions-$18,518-
Total Net Assets Fund Balance$281,202$395,691▲ $114,489
Total Liabilities and Net Assets / Fund Balance$442,042$540,556▲ $98,514

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements-$2,180,928$2,180,928
Compensation and Service Providers
Top Officer Pay92nd percentile

Employees

NameTitleOtherTotal
Deborah TillettPresident$134,249$134,249

Board Members and Trustees

NameTitle
Shelley LombardoChair
Ann QuinnDirector
Hans Petite-HommeDirector
Jacqueline BrooksDirector
Kimberly ClarkDirector
Kristen HerberDirector
Kyle McQuighanDirector
Margaret RothDirector
Michael JacksonDirector
Mike LefferDirector
Yair FlickerDirector
Robert BrennanSecretary
Jeff PillasTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$849,394
Program Service Revenue
$204,363
Investment Income
$1,657
Other Revenue
$0
All Other Contributions
$173,200
Change in Net Assets
$114,489
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$420,343
Other Expenses$395,582
Grants and Similar Amounts Paid$125,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$240,376$6,163-$246,539
Other Salaries and Wages$141,780$65,911-$207,691
Grants to Domestic Orgs$125,000--$125,000
Current Officers, Directors, Trustees, and Key Employees$69,732$46,488-$116,220
Office Expenses$74,089$9,861-$83,950
Other Employee Benefits$47,451$26,850-$74,301
Advertising$20,554$11,082-$31,636
Payroll Taxes$14,134$7,997-$22,131
Fees for Services Other$14,284$366-$14,650
Fees for Services Accounting-$10,000-$10,000
Travel$5,412$3,001-$8,413
Other Expenses-$394-$394
Total Functional Expenses$752,812$188,113$0$940,925
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
SpotsWash LLCBaltimore, MD-Economic Development$75,000
IsItGood IncBaltimore, MD-Economic Development$50,000
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred lease expense$50,964
Tenant security deposits$8,350
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 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, Line 11B: Form 990 Review Process

“A draft of the 990 is distributed to the Board for review prior to filing.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“Board members are required to disclose conflicts of interest. Policy is signed annually.”

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

“The Executive Director and other top officials' salaries are set by the City of Baltimore Development Corporation.”

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

“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 St, Baltimore, MD 21224

Signing Officer

Name
Deborah Tillett
Title
President
Signed
2021-04-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Deborah Tillett
Formed
1991
Legal Domicile
Md
Voting Board Members
13
Independent Board Members
11
Employees
0
Volunteers
13

Preparer

Firm
KL Hoffman & Company PC
Address
2809 BOSTON ST, BALTIMORE, MD 21224
Preparer
Karen L Hoffman CPA
Phone
4439901005
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“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.”

Raw XML AppendixShowing 400 of 586 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt074858
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt075669
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0To 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.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt011082
IRS990/AdvertisingGrp/ProgramServicesAmt020554
IRS990/AdvertisingGrp/TotalAmt031636
IRS990/AllOtherContributionsAmt0173200
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Management
IRS990/BooksInCareOfDetail/PhoneNum04434517000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0101 N Haven St 301
IRS990/BooksInCareOfDetail/USAddress/CityNm0Baltimore
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd0212241612
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt086485
IRS990/CashNonInterestBearingGrp/EOYAmt096908
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt046488
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt069732
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0116220
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0true
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0849394
IRS990/CYGrantsAndSimilarPaidAmt0125000
IRS990/CYInvestmentIncomeAmt01657
IRS990/CYOtherExpensesAmt0395582
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt0204363
IRS990/CYRevenuesLessExpensesAmt0114489
IRS990/CYSalariesCompEmpBnftPaidAmt0420343
IRS990/CYTotalExpensesAmt0940925
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01055414
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt07573
IRS990/DeferredRevenueGrp/EOYAmt09882
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The Organization operates a business incubator site and assists the development of businesses within the site, while encouraging new business to locate in the central Maryland region.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt018518
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0752812
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt010000
IRS990/FeesForServicesAccountingGrp/TotalAmt010000
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0366
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt014284
IRS990/FeesForServicesOtherGrp/TotalAmt014650
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt037.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt137.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt237.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt022167
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt115142
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220232
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/PersonNm0Kimberly Clark
IRS990/Form990PartVIISectionAGrp/PersonNm1Jeff Pillas
IRS990/Form990PartVIISectionAGrp/PersonNm2Deborah Tillett
IRS990/Form990PartVIISectionAGrp/PersonNm3Shelley Lombardo
IRS990/Form990PartVIISectionAGrp/PersonNm4Robert Brennan
IRS990/Form990PartVIISectionAGrp/PersonNm5Kristen Herber
IRS990/Form990PartVIISectionAGrp/PersonNm6Jacqueline Brooks
IRS990/Form990PartVIISectionAGrp/PersonNm7Ann Quinn
IRS990/Form990PartVIISectionAGrp/PersonNm8Hans Petite-Homme
IRS990/Form990PartVIISectionAGrp/PersonNm9Yair Flicker
IRS990/Form990PartVIISectionAGrp/PersonNm10Mike Leffer
IRS990/Form990PartVIISectionAGrp/PersonNm11Margaret Roth
IRS990/Form990PartVIISectionAGrp/PersonNm12Michael Jackson
IRS990/Form990PartVIISectionAGrp/PersonNm13Kyle McQuighan
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0209031
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1143216
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2114017
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/TitleTxt0Director
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2President
IRS990/Form990PartVIISectionAGrp/TitleTxt3Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Director
IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01991
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GovernmentGrantsAmt0676194
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0125000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0125000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01055414
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt01657
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01657
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt012
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt02180928
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt02180928
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To 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.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0281202
IRS990/NetAssetsOrFundBalancesEOYAmt0395691
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0281202
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0377173
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt06163
IRS990/OccupancyGrp/ProgramServicesAmt0240376
IRS990/OccupancyGrp/TotalAmt0246539
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt09861
IRS990/OfficeExpensesGrp/ProgramServicesAmt074089
IRS990/OfficeExpensesGrp/TotalAmt083950
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt026850
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt047451
IRS990/OtherEmployeeBenefitsGrp/TotalAmt074301
IRS990/OtherExpensesGrp/Desc0Bad debt expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0394
IRS990/OtherExpensesGrp/TotalAmt0394
IRS990/OtherLiabilitiesGrp/BOYAmt078409
IRS990/OtherLiabilitiesGrp/EOYAmt059314
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt065911
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0141780
IRS990/OtherSalariesAndWagesGrp/TotalAmt0207691
IRS990/OtherWebsiteInd0X
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07997
IRS990/PayrollTaxesGrp/ProgramServicesAmt014134
IRS990/PayrollTaxesGrp/TotalAmt022131
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt017816
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027506
IRS990/PrincipalOfficerNm0Deborah Tillett
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Rental
IRS990/ProgramServiceRevenueGrp/Desc1Royalties
IRS990/ProgramServiceRevenueGrp/Desc2Shared services
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0202016
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11388
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2959
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0202016
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11388
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2959
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt02123590
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0225000
IRS990/PYInvestmentIncomeAmt0781
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0830375
IRS990/PYProgramServiceRevenueAmt0291672
IRS990/PYRevenuesLessExpensesAmt0927063
IRS990/PYSalariesCompEmpBnftPaidAmt0433605
IRS990/PYTotalExpensesAmt01488980
IRS990/PYTotalRevenueAmt02416043
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0114489
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0204363
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0337741
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0416142
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0849394
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt01143110
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt01156426
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt01121031
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt01022406
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt05292367
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01657
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0781
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0286
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0212
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0418
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt03354
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0204363
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0291672
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0762511
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0824077
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0844208
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02926831
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01657
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0781
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0286
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0212
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0418
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt03354
IRS990ScheduleA/InvestmentIncomeCYPct00.00040
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt0255
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt0782
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt0325
IRS990ScheduleA/OtherIncome509Grp/TotalAmt01362
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99940
IRS990ScheduleA/PublicSupportPY509Pct00.99950
IRS990ScheduleA/PublicSupportTotal509Amt08219198
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01053757
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01434782
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01918937
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01945108
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01866614
IRS990ScheduleA/Total509Grp/TotalAmt08219198
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01055414
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01435563
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01919478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01946102
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01867357
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt08223914

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$540,556
Liabilities
$144,865
Net assets
$395,691
Revenue
$1,055,414
Expenses
$940,925
Net income
$114,489
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