Civic Intelligence

City First Foundation

990 • Fiscal year 2016 • EIN 52-1847278

Jan 01, 2016 to Dec 31, 2016 • Filed on Oct 12, 2017

1432 U Street NWWashington, DC 20009

(202) 243-7103

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

93rd percentile

56%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

88th percentile

69%

Faster asset growth than 88% of similar nonprofits.

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

Revenue Growth

87th percentile

53%

Faster revenue growth than 87% of similar nonprofits.

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

Assets

Up

$383,568

Up $156,501 (+69%) from 2015

Net Assets

Up

$383,568

Up $156,501 (+69%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$281,978

Up $98,113 (+53%) from 2015

Expenses

Up

$125,477

Up $13,897 (+12%) from 2015

Net Income

Up

$156,501

Up $84,216 (+117%) from 2015

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2012: $200,000Liabilities 2012: $0Net Assets 2012: $200,0002012Assets 2013: $141,191Liabilities 2013: $0Net Assets 2013: $141,1912013Assets 2014: $154,818Liabilities 2014: $36Net Assets 2014: $154,7822014Assets 2015: $227,067Liabilities 2015: $0Net Assets 2015: $227,0672015Assets 2016: $383,568Liabilities 2016: $0Net Assets 2016: $383,5682016Assets 2017: $360,109Liabilities 2017: $2,080Net Assets 2017: $358,0292017Assets 2018: $394,898Liabilities 2018: $35,207Net Assets 2018: $359,6912018Assets 2019: $361,975Liabilities 2019: $5,731Net Assets 2019: $356,2442019Assets 2020: $349,127Liabilities 2020: $7,398Net Assets 2020: $341,7292020Assets 2021: $337,400Liabilities 2021: $0Net Assets 2021: $337,4002021Assets 2022: $334,518Liabilities 2022: $9,624Net Assets 2022: $324,8942022

Highlighted filing

2016

Assets$383,568
Liabilities$0
Net Assets$383,568

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2012: $200,000Expenses 2012: $0Net Income 2012: $200,0002012Revenue 2013: $166,025Expenses 2013: $224,834Net Income 2013: -$58,8092013Revenue 2014: $0Expenses 2014: $12,742Net Income 2014: -$12,7422014Revenue 2015: $183,865Expenses 2015: $111,580Net Income 2015: $72,2852015Revenue 2016: $281,978Expenses 2016: $125,477Net Income 2016: $156,5012016Revenue 2017: $95,802Expenses 2017: $121,341Net Income 2017: -$25,5392017Revenue 2018: $79,223Expenses 2018: $77,561Net Income 2018: $1,6622018Revenue 2019: $17,500Expenses 2019: $20,947Net Income 2019: -$3,4472019Revenue 2020: $0Expenses 2020: $14,515Net Income 2020: -$14,5152020Revenue 2021: $0Expenses 2021: $4,329Net Income 2021: -$4,3292021Revenue 2022: $0Expenses 2022: $12,506Net Income 2022: -$12,5062022

Highlighted filing

2016

Revenue$281,978
Expenses$125,477
Net Income$156,501
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Oct 12, 2017
Return Version
2016v3.1
Gross Receipts
$281,978
Mission and Program Overview

Mission

Promoting and sustaining economic and social health in targeted low-income and moderate-income neighborhoods in the district of columbia.

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$227,067$383,568▲ $156,501
Cash and Non-Interest-Bearing Accounts$226,182$374,398▲ $148,216
Accounts Receivable$885$9,170▲ $8,285
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$227,067$383,568▲ $156,501
Other Assets Total$0$0→ $0
Liabilities
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$227,067$383,568▲ $156,501
Total Liabilities and Net Assets / Fund Balance$227,067$383,568▲ $156,501
Compensation and Service Providers

Board Members and Trustees

NameTitle
Brian E ArgrettPresident, Chairman & Director
Gloria NaudenDirector
Robert BurnsDirector
Tabitha AkinsDIRECTOR (Part year)
Audrey PhillipsSecretary
Melrose NathanTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$263,055
Program Service Revenue
$18,923
Investment Income
$0
Other Revenue
$0
All Other Contributions
$68,910
Change in Net Assets
$156,501
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$113,368
Grants and Similar Amounts Paid$12,109
Total Fundraising Expense$8,728
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$63,839--$63,839
Fees for Services Other$22,886$3,907$8,728$35,521
Grants to Domestic Orgs$12,109--$12,109
Office Expenses$9,543--$9,543
Fees for Services Accounting$3,185--$3,185
Advertising$1,200--$1,200
Other Expenses$80$0$0$80
Total Functional Expenses$112,842$3,907$8,728$125,477
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Urban InstituteWashington, DC501(c)(3)See Part IV$11,509
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
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
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
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 B, LINE 11B:

The organization's Form 990 undergoes a number of internal and external reviews before it is filed with the IRS. The return is prepared by the organization's public accounting firm, BDO USA and is reviewed by the organization's President & Treasurer. A final draft of the Form 990 is provided to each member of the organization's Board of Directors before it is filed with the IRS.

FORM 990, PART VI, SECTION C, LINE 19:

Governing documents and financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
City First Foundation
EIN
52-1847278
In Care Of
% AUDREY PHILLIPS
Phone
2022437103
Address
1432 U STREET NW, WASHINGTON, DC 20009

Signing Officer

Name
Brian E Argrett
Title
President
Phone
2022437103
Signed
2017-10-12
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brian E Argrett
Formed
1993
Legal Domicile
Dc
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
4

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Joyce Underwood
Phone
7038930600
Supplemental Narrative

Additional Explanations

Form 990 Part IX Line 11G

Description:graphics/design total fees:22886

Form 990 Part IX Line 11G

Description:catering and other total fees:3907

Form 990 Part IX Line 11G

Description:support/outreach total fees:8728

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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/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0156501
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt0194145
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt018923
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0227067
IRS990/RtnEarnEndowmentIncmOthFndsGrp/EOYAmt0383568
IRS990/SavingsAndTempCashInvstGrp/BOYAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0263055
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0154900
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0157325
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0200000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0775280
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt082921
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.31832
IRS990ScheduleA/PublicSupportPY170Pct00.38860
IRS990ScheduleA/PublicSupportTotal170Amt0246785
IRS990ScheduleA/SubstantialContributorsTotAmt0528495
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0263055
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0154900
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0157325
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0200000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0775280
IRS990ScheduleA/TotalSupportAmt0775280
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
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
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt011509
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(c)(3)
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0See Part IV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Urban Institute
IRS990ScheduleI/RecipientTable/RecipientEIN0520880375
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt02100 M Street NW
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Washington
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0DC
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd020037
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization maintains records to substantiate the amount, eligibility and selection criteria for grants awarded. receipts for bill payments are obtained and reviewed to verify use of funds in accordance with awards.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1Purpose of grant: Development of a white paper to support the East of the River conference.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, line 2:
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1Part II, line 1, column (h):
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The organization's Form 990 undergoes a number of internal and external reviews before it is filed with the IRS. The return is prepared by the organization's public accounting firm, BDO USA and is reviewed by the organization's President & Treasurer. A final draft of the Form 990 is provided to each member of the organization's Board of Directors before it is filed with the IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION:GRAPHICS/DESIGN TOTAL FEES:22886
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION:CATERING AND OTHER TOTAL FEES:3907
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION:SUPPORT/OUTREACH TOTAL FEES:8728
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990 PART IX LINE 11G
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990 PART IX LINE 11G
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0true
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0521951694
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C CORPORATION
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0DC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00.00000
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0COMMERCIAL BAnk
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0CITY FIRST BANK OF DC NA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt01432 U STREET NW
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd020009
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0true
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0true
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0true
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0194145
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0cash paid
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0City First Bank
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0c
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0DC
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondLiabilitiesGrp/BOYAmt00

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