Civic Intelligence

Hyattsville Community Development Corporation

990 • Fiscal year 2023 • EIN 52-2308938

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

4314 Farragut StreetHyattsville, MD 20781-2011

(301) 683-8267

Siviq Scores

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

Liabilities / Assets

23rd percentile

0.00x

Higher debt load relative to assets than 23% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Net Margin

76th percentile

22%

Higher net margin than 76% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Top Officer Pay

65th percentile

$95,000

Higher top officer pay than 65% of similar nonprofits.

Top officer pay equals 3.3% of source-year revenue.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2023

Asset Growth

86th percentile

38%

Faster asset growth than 86% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Revenue Growth

92nd percentile

106%

Faster revenue growth than 92% of similar nonprofits.

2023 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2022 to 2023

Assets

Flat

$2,175,330

Flat from 2023

Net Assets

Flat

$2,171,367

Flat from 2023

Liabilities

Flat

$3,963

Flat from 2023

Revenue

Flat

$2,886,798

Flat from 2023

Expenses

Flat

$2,259,601

Flat from 2023

Net Income

Flat

$627,197

Flat from 2023

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2010: $95,115Liabilities 2010: $0Net Assets 2010: $95,1152010Assets 2011: $142,666Liabilities 2011: $850Net Assets 2011: $141,8162011Assets 2012: $278,118Liabilities 2012: $6,199Net Assets 2012: $271,9192012Assets 2013: $449,656Liabilities 2013: $7,864Net Assets 2013: $441,7922013Assets 2014: $385,028Liabilities 2014: $10,882Net Assets 2014: $374,1462014Assets 2016: $446,862Liabilities 2016: $1,824Net Assets 2016: $445,0382016Assets 2017: $496,009Liabilities 2017: $21,611Net Assets 2017: $474,3982017Assets 2018: $535,855Liabilities 2018: $39,291Net Assets 2018: $496,5642018Assets 2019: $588,847Liabilities 2019: $1,344Net Assets 2019: $587,5032019Assets 2020: $649,664Liabilities 2020: $2,450Net Assets 2020: $647,2142020Assets 2021: $783,189Liabilities 2021: $2,997Net Assets 2021: $780,1922021Assets 2022: $1,571,722Liabilities 2022: $27,552Net Assets 2022: $1,544,1702022Assets 2023: $2,175,330Liabilities 2023: $3,963Net Assets 2023: $2,171,3672023Assets 2023: $2,175,330Liabilities 2023: $3,963Net Assets 2023: $2,171,3672023Assets 2024: $2,122,673Liabilities 2024: $4,240Net Assets 2024: $2,118,4332024

Highlighted filing

2023

Assets$2,175,330
Liabilities$3,963
Net Assets$2,171,367

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2010: $153,680Expenses 2010: $99,973Net Income 2010: $53,7072010Revenue 2011: $222,992Expenses 2011: $177,708Net Income 2011: $45,2842011Revenue 2012: $314,768Expenses 2012: $242,760Net Income 2012: $72,0082012Revenue 2013: $495,853Expenses 2013: $325,980Net Income 2013: $169,8732013Revenue 2014: $320,566Expenses 2014: $388,212Net Income 2014: -$67,6462014Revenue 2016: $426,355Expenses 2016: $397,721Net Income 2016: $28,6342016Revenue 2017: $454,982Expenses 2017: $425,622Net Income 2017: $29,3602017Revenue 2018: $344,212Expenses 2018: $325,546Net Income 2018: $18,6662018Revenue 2019: $385,932Expenses 2019: $292,618Net Income 2019: $93,3142019Revenue 2020: $656,645Expenses 2020: $596,934Net Income 2020: $59,7112020Revenue 2021: $442,653Expenses 2021: $309,675Net Income 2021: $132,9782021Revenue 2022: $1,398,223Expenses 2022: $634,245Net Income 2022: $763,9782022Revenue 2023: $2,886,798Expenses 2023: $2,259,601Net Income 2023: $627,1972023Revenue 2023: $2,886,798Expenses 2023: $2,259,601Net Income 2023: $627,1972023Revenue 2024: $406,067Expenses 2024: $459,001Net Income 2024: -$52,9342024

Highlighted filing

2023

Revenue$2,886,798
Expenses$2,259,601
Net Income$627,197
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$2,886,798
Mission and Program Overview

Mission

To develop arts and public spaces in the community; to spur economic development and the quality of community life in hyattsville; to encourage widespread community leadership for community revitalization; to promote educational activities for children, youth, and adults; to revitalize residential and commercial areas in the community; to undertake broad educational campaigns to advance our mission and encourage sustainability of the community.

To revitalize residential and commercial areas in and around hyattsville, md.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$1,002,232$2,021,181▲ $1,018,949
Cash and Non-Interest-Bearing Accounts$563,844$148,760▼ $415,084
Prepaid Expenses and Deferred Charges$3,482$3,690▲ $208
Land, Buildings, and Equipment, Net$2,164$1,699▼ $465
Total Assets$1,571,722$2,175,330▲ $603,608
Liabilities
Accounts Payable and Accrued Expenses$27,552$3,963▼ $23,589
Total Liabilities$27,552$3,963▼ $23,589
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,480,189$2,112,173▲ $631,984
Net Assets With Donor Restrictions$63,981$59,194▼ $4,787
Total Net Assets Fund Balance$1,544,170$2,171,367▲ $627,197
Total Liabilities and Net Assets / Fund Balance$1,571,722$2,175,330▲ $603,608

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$699$22,415$23,114
Land$1,000-$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Stuart EisenbergExecutive DirectorFT$95,000$95,000

Board Members and Trustees

NameTitle
Todd DengelChairman
Gloria Felix-thompsonSecretary
Mark Gl FergusonTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,886,798
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$45,495
Change in Net Assets
$627,197

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,886,798
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$2,886,798
Total Revenue per Form 990
$2,886,798
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,926,326
Salaries, Compensation, and Employee Benefits$333,275
Total Fundraising Expense$3,828
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$184,240$29,710-$213,950
Current Officers, Directors, Trustees, and Key Employees$58,283$33,502$3,215$95,000
Payroll Taxes$18,974$4,865$486$24,325
Other Expenses$22,947--$22,947
Fees for Services Accounting-$12,476-$12,476
Insurance$1,091$8,338-$9,429
All Other Expenses$8,001$149-$8,150
Occupancy-$1,316-$1,316
Office Expenses$99$666$96$861
Depreciation Depletion-$465-$465
Travel$247$103$31$381
Total Functional Expenses$2,164,183$91,590$3,828$2,259,601

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$2,259,601
Total Expenses per Audited Statements$2,259,601
Total Expenses per Form 990$2,259,601
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

10 voting members of the governing body.

Form 990, Part VI, Section A, Line 7A

Yes 10 members of the governing body.

Form 990, Part VI, Section A, Line 7B

Theoretically the membership can overturn a board approved appointment of a director.

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

It is reviewed by executive director and treasurer

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

Annually review with all members whether there is anyone in violation of the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

All compensation paid by the organization is reviewed by the board before any compensation is paid.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Hyattsville Community Development
EIN
52-2308938
Phone
3016838267
Address
4314 FARRAGUT STREET, HYATTSVILLE, MD 20781-2011

Signing Officer

Name
Todd Dengel
Title
Treasurer
Phone
3016838267
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Formed
2000
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
0
Employees
19
Volunteers
40

Preparer

Firm
Regan Grace & Kerley LLC
Address
2139 DEFENSE HIGHWAY SUITE 2, CROFTON, MD 21114-2113
Preparer
Kevin E Kerley
Phone
4107213151
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The audit oversight process has not changed from prior years

Financial Statement Notes

PART III, LINE 1A:

Under sfas 116 (asc 958), the organization did not report in its revenue statement and balance sheet the works of art used in furtherance of public services.

PART IV, LINE 1B:

We are the fiscal sponsor to the riverdale park arts council and the route one mask match group

Raw XML Appendix383 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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IRS990ScheduleD/DistributionsDuringYearAmt06890
IRS990ScheduleD/DonorAdvisedFundsContriAmt0464136
IRS990ScheduleD/DonorAdvisedFundsGrantsAmt0-463886
IRS990ScheduleD/DonorAdvisedFundsHeldCnt01
IRS990ScheduleD/DonorAdvisedFundsVlEOYAmt0250
IRS990ScheduleD/EndingBalanceAmt018353
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt02259601
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd00
IRS990ScheduleD/LandGrp/BookValueAmt01000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt01000
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt0699
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt022415
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023114
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02886798
IRS990ScheduleD/SolicitedAssetsSaleInd00
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0UNDER SFAS 116 (ASC 958), THE ORGANIZATION DID NOT REPORT IN ITS REVENUE STATEMENT AND BALANCE SHEET THE WORKS OF ART USED IN FURTHERANCE OF PUBLIC SERVICES.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1WE ARE THE FISCAL SPONSOR TO THE RIVERDALE PARK ARTS COUNCIL AND THE ROUTE ONE MASK MATCH GROUP
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART III, LINE 1A:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART IV, LINE 1B:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01699
IRS990ScheduleD/TotalExpensesPerForm990Amt02259601
IRS990ScheduleD/TotalRevenuePerForm990Amt02886798
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02886798
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02259601
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt010 VOTING MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1YES 10 MEMBERS OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THEORETICALLY THE MEMBERSHIP CAN OVERTURN A BOARD APPROVED APPOINTMENT OF A DIRECTOR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3IT IS REVIEWED BY EXECUTIVE DIRECTOR AND TREASURER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANNUALLY REVIEW WITH ALL MEMBERS WHETHER THERE IS ANYONE IN VIOLATION OF THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5ALL COMPENSATION PAID BY THE ORGANIZATION IS REVIEWED BY THE BOARD BEFORE ANY COMPENSATION IS PAID.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE AUDIT OVERSIGHT PROCESS HAS NOT CHANGED FROM PRIOR YEARS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART XII, LINE 2C:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MD
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01571722
IRS990/TotalAssetsEOYAmt02175330
IRS990/TotalAssetsGrp/BOYAmt01571722
IRS990/TotalAssetsGrp/EOYAmt02175330
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt02886798
IRS990/TotalEmployeeCnt019
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03828
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt091590
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt02164183
IRS990/TotalFunctionalExpensesGrp/TotalAmt02259601
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt027552
IRS990/TotalLiabilitiesEOYAmt03963
IRS990/TotalLiabilitiesGrp/BOYAmt027552
IRS990/TotalLiabilitiesGrp/EOYAmt03963
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01544170
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02171367
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt02164183
IRS990/TotalReportableCompFromOrgAmt095000
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt02886798
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt040
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01571722
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02175330
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/FundraisingAmt031
IRS990/TravelGrp/ManagementAndGeneralAmt0103
IRS990/TravelGrp/ProgramServicesAmt0247
IRS990/TravelGrp/TotalAmt0381
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt04314 FARRAGUT STREET
IRS990/USAddress/CityNm0HYATTSVILLE
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd0207812011
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt00
IRS990/WebsiteAddressTxt0WWW.HYCDC.ORG
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TODD DENGEL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum03016838267
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0HYATTSVILLE COMMUNITY DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0HYAT
ReturnHeader/Filer/EIN0522308938
ReturnHeader/Filer/PhoneNum03016838267
ReturnHeader/Filer/USAddress/AddressLine1Txt04314 FARRAGUT STREET
ReturnHeader/Filer/USAddress/CityNm0HYATTSVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd0207812011
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0208171239
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0REGAN GRACE & KERLEY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02139 DEFENSE HIGHWAY SUITE 2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CROFTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0211142113
ReturnHeader/PreparerPersonGrp/PhoneNum04107213151
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KEVIN E KERLEY
ReturnHeader/ReturnTs02024-11-15T10:46:45-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.12$0.00$2.12$0.41$0.46$0.05
2023Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.17$2.89$2.26$0.63
2023Summary only. Only limited summary data is available for this year.$2.18$0.00$2.17$2.89$2.26$0.63
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.57$0.03$1.54$1.40$0.63$0.76
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.78$0.00$0.78$0.44$0.31$0.13
2020Summary only. Only limited summary data is available for this year.$0.65$0.00$0.65$0.66$0.60$0.06
2019Summary only. Only limited summary data is available for this year.$0.59$0.00$0.59$0.39$0.29$0.09
2018Summary only. Only limited summary data is available for this year.$0.54$0.04$0.50$0.34$0.33$0.02
2017Summary only. Only limited summary data is available for this year.$0.50$0.02$0.47$0.45$0.43$0.03
2016Summary only. Only limited summary data is available for this year.$0.45$0.00$0.45$0.43$0.40$0.03
2014Summary only. Only limited summary data is available for this year.$0.39$0.01$0.37$0.32$0.39$0.07
2013Summary only. Only limited summary data is available for this year.$0.45$0.01$0.44$0.50$0.33$0.17
2012Summary only. Only limited summary data is available for this year.$0.28$0.01$0.27$0.31$0.24$0.07
2011Summary only. Only limited summary data is available for this year.$0.14$0.00$0.14$0.22$0.18$0.05
2010Summary only. Only limited summary data is available for this year.$0.10$0.00$0.10$0.15$0.10$0.05