Civic Intelligence

Learning Undefeated Inc.

990 • Fiscal year 2018 • EIN 52-1806820

Jul 01, 2017 to Jun 30, 2018 • Filed on May 10, 2019

9841 Washingtonian Blvd No 415Gaithersburg, MD 20878

(240) 243-4026

Siviq Scores

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

Liabilities / Assets

54th percentile

0.19x

Higher debt load relative to assets than 54% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

0.75x

Higher debt load relative to revenue than 78% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

10th percentile

-26%

Higher net margin than 10% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

76th percentile

$200,072

Higher top officer pay than 76% of similar nonprofits.

Top officer pay equals 12.0% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

26th percentile

-3.4%

Faster asset growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

52nd percentile

4.8%

Faster revenue growth than 52% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$6,397,240

Down $228,132 (-3.4%) from 2017

Net Assets

Down

$5,151,661

Down $467,171 (-8.3%) from 2017

Liabilities

Up

$1,245,579

Up $239,039 (+24%) from 2017

Revenue

Up

$1,666,152

Up $75,568 (+4.8%) from 2017

Expenses

Up

$2,091,577

Up $754,230 (+56%) from 2017

Net Income

Down

-$425,425

Down $678,662 (-268%) from 2017

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $8,189,563Liabilities 2011: $47,034Net Assets 2011: $8,142,5292011Assets 2012: $7,046,700Liabilities 2012: $52,442Net Assets 2012: $6,994,2582012Assets 2013: $6,426,717Liabilities 2013: $75,990Net Assets 2013: $6,350,7272013Assets 2014: $6,304,261Liabilities 2014: $56,133Net Assets 2014: $6,248,1282014Assets 2015: $5,861,242Liabilities 2015: $51,314Net Assets 2015: $5,809,9282015Assets 2016: $5,265,815Liabilities 2016: $45,194Net Assets 2016: $5,220,6212016Assets 2017: $6,625,372Liabilities 2017: $1,006,540Net Assets 2017: $5,618,8322017Assets 2018: $6,397,240Liabilities 2018: $1,245,579Net Assets 2018: $5,151,6612018Assets 2019: $7,664,755Liabilities 2019: $2,311,953Net Assets 2019: $5,352,8022019Assets 2020: $6,574,210Liabilities 2020: $845,138Net Assets 2020: $5,729,0722020Assets 2021: $6,516,289Liabilities 2021: $362,617Net Assets 2021: $6,153,6722021Assets 2022: $5,737,228Liabilities 2022: $1,279,312Net Assets 2022: $4,457,9162022Assets 2023: $5,074,772Liabilities 2023: $1,087,740Net Assets 2023: $3,987,0322023Assets 2024: $9,324,174Liabilities 2024: $5,162,232Net Assets 2024: $4,161,9422024

Highlighted filing

2018

Assets$6,397,240
Liabilities$1,245,579
Net Assets$5,151,661

Operations Trend

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

$4.0M$2.0M$0-$2.0MRevenue 2011: $140,622Expenses 2011: $1,034,292Net Income 2011: -$893,6702011Revenue 2012: $287,914Expenses 2012: $1,328,441Net Income 2012: -$1,040,5272012Expenses 2013: $1,358,1392013Revenue 2014: $538,503Expenses 2014: $1,128,469Net Income 2014: -$589,9662014Revenue 2015: $522,832Expenses 2015: $950,170Net Income 2015: -$427,3382015Revenue 2016: $637,225Expenses 2016: $1,004,313Net Income 2016: -$367,0882016Revenue 2017: $1,590,584Expenses 2017: $1,337,347Net Income 2017: $253,2372017Revenue 2018: $1,666,152Expenses 2018: $2,091,577Net Income 2018: -$425,4252018Revenue 2019: $2,387,313Expenses 2019: $2,465,606Net Income 2019: -$78,2932019Revenue 2020: $1,732,472Expenses 2020: $2,891,399Net Income 2020: -$1,158,9272020Revenue 2021: $2,709,054Expenses 2021: $2,877,577Net Income 2021: -$168,5232021Revenue 2022: $2,317,221Expenses 2022: $3,058,920Net Income 2022: -$741,6992022Revenue 2023: $2,656,719Expenses 2023: $3,309,243Net Income 2023: -$652,5242023Revenue 2024: $3,372,004Expenses 2024: $3,485,537Net Income 2024: -$113,5332024

Highlighted filing

2018

Revenue$1,666,152
Expenses$2,091,577
Net Income-$425,425
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 10, 2019
Return Version
2017v2.3
Gross Receipts
$4,306,923
Mission and Program Overview

Mission

Learning Undefeated builds STEM experiences that are shaping the next generation of innovators. Continued in Schedule O . . .

Provide and support stem skills and career awareness among underserved communities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$5,038,109$4,922,395▼ $115,714
Land, Buildings, and Equipment, Net$810,111$677,085▼ $133,026
Cash and Non-Interest-Bearing Accounts$213,306$251,618▲ $38,312
Accounts Receivable$56,777$28,868▼ $27,909
Prepaid Expenses and Deferred Charges$3,136$9,847▲ $6,711
Investments Other Securities$1,133$1,133→ $0
Total Assets$6,625,372$6,397,240▼ $228,132
Other Assets Total$502,800$506,294▲ $3,494
Liabilities
Deferred Revenue$910,785$1,147,317▲ $236,532
Accounts Payable and Accrued Expenses$94,466$98,262▲ $3,796
Other Liabilities$1,289$0▼ $1,289
Total Liabilities$1,006,540$1,245,579▲ $239,039
Net Assets / Fund Balance
Unrestricted Net Assets$5,618,832$5,151,661▼ $467,171
Total Net Assets Fund Balance$5,618,832$5,151,661▼ $467,171
Total Liabilities and Net Assets / Fund Balance$6,625,372$6,397,240▼ $228,132

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$677,085$404,491$1,081,576
Leasehold Improvements$0$4,007$4,007
Other Land Buildings$0$1,267$1,267
Other Assets Org$6,294--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Brian GainesChief Executive OfficerFT$173,490$27,398$200,888
Jennifer ColvinVice PresidentFT$114,108$9,439$123,547
Janee PelletierVice PresidentFT$103,007$9,306$112,313

Board Members and Trustees

NameTitle
Brian RosenChair
Jj FinkelsteinChairman Emeritus
Jennifer CotteleerImmediate Past Chair
Elizabeth HuntleyVice Chair
Alan S KleinDirector
Barbara SolowDirector
Douglas a DoerflerDirector
Ed Eisenstein PhdDirector
Henry BernsteinDirector
Jeff FordDirector
Jennifer BahramiDirector
Stanley C ErckDirector
Steven CoatsDirector
Lucy a RutishauserDirector (as of Jan 2018)
Mark GrantChief Financial Officer
Samuel B Sterrett JrSecretary
William SniderTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,569,606
Program Service Revenue
$0
Investment Income
$96,546
Other Revenue
$0
All Other Contributions
$1,518,861
Change in Net Assets
$-425,425
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,102,915
Salaries, Compensation, and Employee Benefits$986,712
Total Fundraising Expense$135,033
Grants and Similar Amounts Paid$1,950
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$481,318$85,247$83,873$650,438
Current Officers, Directors, Trustees, and Key Employees$136,077$41,098$23,712$200,887
Travel$193,935$1,870$33$195,838
Fees for Services Other$74,280$49,940$13,975$138,195
Depreciation Depletion-$136,077-$136,077
Occupancy-$61,876-$61,876
Payroll Taxes$43,961$7,786$7,661$59,408
Other Employee Benefits-$56,060-$56,060
Fees for Services Accounting-$44,732-$44,732
Conferences and Meetings$27,080$3,780$10$30,870
Office Expenses$9,525$19,272$146$28,943
Pension Plan Contributions$14,740$2,611$2,568$19,919
Insurance$220$13,908-$14,128
Information Technology$9,280$540-$9,820
Fees for Service Investment Mgmnt Fees-$9,645-$9,645
Advertising$3,973--$3,973
Other Expenses$370$1,830$695$2,895
Grants to Domestic Orgs$1,500--$1,500
Fees for Services Legal-$737-$737
Grants to Domestic Individuals$450--$450
All Other Expenses-$199-$199
Total Functional Expenses$1,363,158$593,386$135,033$2,091,577
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Mark GrantChief Financial OfficerMARK GRANT IS THE OWNER OF MARK D. GRANT, LLC. THE ORGANIZATION HAS ENTERED INTO A CONSULTING AGREEMENT WITH MARK D. GRANT, LLC THAT PROVIDES GENERAL MANAGEMENT SERVICES TO THE ORGANIZATION. UNDER THE TERMS OF THE AGREEMENT, MARK D. GRANT, LLC IS TO PROVIDE THE ORGANIZATION WITH THE SERVICES OF THE INDIVIDUAL CURRENTLY SERVING AS THE ORGANIZATION'S CFO. MARK D. GRANT, LLC IS OWNED BY THE ORGANIZATION'S CFO. THE CFO RECEIVES NO COMPENSATION OR FRINGE BENEFITS FROM THE ORGANIZATION OTHER THAN WHAT IS DERIVED FROM PAYMENTS TO MARK D. GRANT, LLC.No$44,400
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 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
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

Mark d. Grant, llc provides management services to mdbio. Mark grant, cfo, does not receive any compensation directly from mdbio.

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

The initial review of the 990 is conducted by the chief financial officer. It is forwarded to the ceo and then passed along to the audit committee for review. The audit committee then forwards it to the board of directors, highlighting areas of significance. The board of directors provides its review and communicates to mdbiof's management that the 990 can be finalized.

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

The conflict of interest policy is forwarded to each board of directors member on an annual basis and must be reviewed and signed in order to obtain (for new board of directors) or maintain (for existing board of directors).

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

Compensation of key employees (non ceo) is typically determined by the ceo. Any significant changes to compensation levels may be referred to the board of directors for approval. The compensation for the ceo is always determined by the board of directors. Compensation studies are peformed periodically to determine if mdbiof's compensation levels are comparable to similar organizations.

Form 990, Part VI, Section C, Line 19

Mdbiof makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Mdbio Foundation Inc
EIN
52-1806820
Phone
2402434026
Address
9841 WASHINGTONIAN BLVD NO 415, GAITHERSBURG, MD 20878

Signing Officer

Name
Brian Gaines
Title
CEO
Phone
2402434026
Signed
2019-05-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian Gaines
Formed
1992
Legal Domicile
Md
Voting Board Members
16
Independent Board Members
16
Employees
13
Volunteers
100

Preparer

Firm
Tate and Tryon
Address
2021 L STREET NW SUITE 400, WASHINGTON, DC 20036
Preparer
Frederick Longwood
Phone
2022932200
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 2

During fy18, mdbio foundation launched the learning undefeated program. Refer to part iii, line 4c narrative for details.

Raw XML AppendixShowing 400 of 658 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.

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IRS990/Form990PartVIISectionAGrp/PersonNm16BRIAN GAINES
IRS990/Form990PartVIISectionAGrp/PersonNm17MARK GRANT
IRS990/Form990PartVIISectionAGrp/PersonNm18JENNIFER COLVIN
IRS990/Form990PartVIISectionAGrp/PersonNm19JANEE PELLETIER
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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16183490
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18114108
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19103007
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
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/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4IMMEDIATE PAST CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt5CHAIRMAN EMERITUS
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/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR (AS OF JAN 2018)
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16CHIEF EXECUTIVE OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHIEF FINANCIAL OFFICER
IRS990/Form990PartVIISectionAGrp/TitleTxt18VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt19VICE PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt056546
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt016
IRS990/GovernmentGrantsAmt046395
IRS990/GrantAmt0450
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0450
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0450
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01500
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt02697317
IRS990/GrossReceiptsAmt04306923
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt016
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0540
IRS990/InformationTechnologyGrp/ProgramServicesAmt09280
IRS990/InformationTechnologyGrp/TotalAmt09820
IRS990/InsuranceGrp/ManagementAndGeneralAmt013908
IRS990/InsuranceGrp/ProgramServicesAmt0220
IRS990/InsuranceGrp/TotalAmt014128
IRS990/InvestmentIncomeGrp/ExclusionAmt040000
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt040000
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01133
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01133
IRS990/InvestmentsPubTradedSecGrp/BOYAmt05038109
IRS990/InvestmentsPubTradedSecGrp/EOYAmt04922395
IRS990/IRPDocumentCnt013
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0409765
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0810111
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0677085
IRS990/LandBldgEquipCostOrOtherBssAmt01086850
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt02640771
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MDBIO FOUNDATION SPARKS INTEREST IN LIFE-CHANGING CAREER OPPORTUNITIES IN SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) FOR UNDERSERVED COMMUNITIES THROUGH INNOVATIVE, EFFECTIVE AND EXPERIENTIAL STEM EDUCATION PROGRAMS FOR MIDDLE SCHOOL AND HIGH SCHOOL STUDENTS, AND WORKFORCE DEVELOPMENT PROGRAMS FOR ADULTS.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt05618832
IRS990/NetAssetsOrFundBalancesEOYAmt05151661
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt056546
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt056546
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0165068
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt061876
IRS990/OccupancyGrp/TotalAmt061876
IRS990/OfficeExpensesGrp/FundraisingAmt0146
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt019272
IRS990/OfficeExpensesGrp/ProgramServicesAmt09525
IRS990/OfficeExpensesGrp/TotalAmt028943
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0502800
IRS990/OtherAssetsTotalGrp/EOYAmt0506294
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt056060
IRS990/OtherEmployeeBenefitsGrp/TotalAmt056060
IRS990/OtherExpensesGrp/Desc0EDUCATION PROGRAM EXPEN
IRS990/OtherExpensesGrp/Desc1G&A ALLOCATION
IRS990/OtherExpensesGrp/Desc2PAYROLL PROCESSING FEES
IRS990/OtherExpensesGrp/Desc3DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/FundraisingAmt02360
IRS990/OtherExpensesGrp/FundraisingAmt1695
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0743
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt151475
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23960
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt31830
IRS990/OtherExpensesGrp/ProgramServicesAmt0366449
IRS990/OtherExpensesGrp/ProgramServicesAmt1370
IRS990/OtherExpensesGrp/TotalAmt0369552
IRS990/OtherExpensesGrp/TotalAmt151475
IRS990/OtherExpensesGrp/TotalAmt23960
IRS990/OtherExpensesGrp/TotalAmt32895
IRS990/OtherLiabilitiesGrp/BOYAmt01289
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt083873
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt085247
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0481318
IRS990/OtherSalariesAndWagesGrp/TotalAmt0650438
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt07661
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt07786
IRS990/PayrollTaxesGrp/ProgramServicesAmt043961
IRS990/PayrollTaxesGrp/TotalAmt059408
IRS990/PensionPlanContributionsGrp/FundraisingAmt02568
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt02611
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt014740
IRS990/PensionPlanContributionsGrp/TotalAmt019919
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt03136
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09847
IRS990/PrincipalOfficerNm0BRIAN GAINES
IRS990/PriorPeriodAdjustmentsAmt0-206814
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0VERIZON INNOVATIVE LEARNING EXPLORER LAB - THE VERIZON INNOVATIVE LEARNING EXPLORER LAB IS AN ENTIRELY NEW WAY FOR MIDDLE SCHOOL STUDENTS TO DISCOVER CONCEPTS OF ENGINEERING DESIGN. THE EXPLORER LAB IS A SHARED IMMERSIVE LEARNING EXPERIENCE THAT COMBINES MOVIE-QUALITY VIDEO, SPECIAL EFFECTS, AND HANDS-ON EDUCATIONAL GAMING TO CREATE A LEARNING ENVIRONMENT THAT GETS KIDS EXCITED ABOUT SCIENCE, TECHNOLOGY, ENGINEERING AND MATH (STEM) - RIGHT IN THE SCHOOL PARKING LOT.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt0837879
IRS990/ProgSrvcAccomActy3Grp/Desc0LEARNING UNDEFEATED - IN FY18, MDBIO FOUNDATION LAUNCHED A MOBILE EDUCATION PROGRAM TO SERVE COMMUNITIES IMPACTED BY HURRICANE HARVEY. USING A SELF-CONTAINED SCIENCE CLASSROOM ON WHEELS AS ITS HOME BASE, THE PROGRAM PROVIDES TEACHING SPACE AND SCIENTIFIC EQUIPMENT, LAB SUPPLIES, DURING AND AFTER SCHOOL ACTIVITIES, AND PUBLIC OUTREACH TO COMMUNITIES WHOSE CLASSROOMS AND SCIENCE LABS WERE DESTROYED DURING THE AUGUST 2017 HURRICANE.
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt080923
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MDBIOLAB - MDBIOLAB, IS PART OF THE FOUNDATION'S LARGER STRATEGY TO INCREASE STUDENT INTEREST IN STEM CAREERS. THE MOBILE LAB IS A CUSTOM-BUILT MOBILE LABORATORY THAT SERVES HIGH SCHOOL STUDENTS, AND THEIR TEACHERS, THROUGHOUT THE STATE OF MARYLAND. MDBIOLAB'S GOAL IS TO INCREASE STUDENT EXPERIENCE AND CONFIDENCE WITH LABORATORY CONCEPTS AND TECHNIQUES WHILE ALLEVIATING THE BUDGETARY BURDENS OF LABORATORY SCIENCE ON SCHOOLS. IT ALSO WORKS TO INCREASE TEACHER SELF-EFFICACY FOR EDUCATORS WHO MAY STRUGGLE WITH THE ADVANCED CONCEPTS, THEORIES, AND EQUIPMENT USED IN LABORATORY SCIENCE.
IRS990/ProgSrvcAccomActyOtherGrp/Desc1OTHER PROGRAMS
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt05370
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt11869
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt01500
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt01080221
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0510363
IRS990/PYOtherExpensesAmt0600098
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0253237
IRS990/PYSalariesCompEmpBnftPaidAmt0737249
IRS990/PYTotalExpensesAmt01337347
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt01590584
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-425425

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$9.32$5.16$4.16$3.37$3.49$0.11
2023Detailed filing. Detailed filing data is available for this year.$5.07$1.09$3.99$2.66$3.31$0.65
2022Detailed filing. Detailed filing data is available for this year.$5.74$1.28$4.46$2.32$3.06$0.74
2021Detailed filing. Detailed filing data is available for this year.$6.52$0.36$6.15$2.71$2.88$0.17
2020Detailed filing. Detailed filing data is available for this year.$6.57$0.85$5.73$1.73$2.89$1.16
2019Summary only. Only limited summary data is available for this year.$7.66$2.31$5.35$2.39$2.47$0.08
2018Detailed filing. Detailed filing data is available for this year.$6.40$1.25$5.15$1.67$2.09$0.43
2017Detailed filing. Detailed filing data is available for this year.$6.63$1.01$5.62$1.59$1.34$0.25
2016Detailed filing. Detailed filing data is available for this year.$5.27$0.05$5.22$0.64$1.00$0.37
2015Detailed filing. Detailed filing data is available for this year.$5.86$0.05$5.81$0.52$0.95$0.43
2014Detailed filing. Detailed filing data is available for this year.$6.30$0.06$6.25$0.54$1.13$0.59
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.43$0.08$6.35$1.36
2012Summary only. Only limited summary data is available for this year.$7.05$0.05$6.99$0.29$1.33$1.04
2011Summary only. Only limited summary data is available for this year.$8.19$0.05$8.14$0.14$1.03$0.89