Civic Intelligence

Scotland Community Development Inc.

990 • Fiscal year 2021 • EIN 52-6079918

Jan 01, 2021 to Dec 31, 2021 • Filed on Nov 15, 2022

7838 Scotland DrivePotomac, MD 20854

(301) 983-2248

Siviq Scores

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

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Liabilities / Revenue

22nd percentile

0.03x

Higher debt load relative to revenue than 22% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Net Margin

97th percentile

90%

Higher net margin than 97% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Top Officer Pay

22nd percentile

$0

Higher top officer pay than 22% of similar nonprofits.

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

2021 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2021

Asset Growth

37th percentile

4.7%

Faster asset growth than 37% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Revenue Growth

24th percentile

-4.1%

Faster revenue growth than 24% of similar nonprofits.

2021 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2020 to 2021

Assets

Up

$7,354,210

Up $327,444 (+4.7%) from 2020

Net Assets

Up

$7,341,786

Up $331,590 (+4.7%) from 2020

Liabilities

Down

$12,424

Down $4,146 (-25%) from 2020

Revenue

Down

$368,256

Down $15,896 (-4.1%) from 2020

Expenses

Down

$36,414

Down $49,725 (-58%) from 2020

Net Income

Up

$331,842

Up $33,829 (+11%) from 2020

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $1,732,208Liabilities 2011: $333,888Net Assets 2011: $1,398,3202011Assets 2012: $1,849,283Liabilities 2012: $332,159Net Assets 2012: $1,517,1242012Assets 2013: $1,969,991Liabilities 2013: $309,556Net Assets 2013: $1,660,4352013Assets 2014: $2,156,240Liabilities 2014: $299,843Net Assets 2014: $1,856,3972014Assets 2015: $2,354,687Liabilities 2015: $309,293Net Assets 2015: $2,045,3942015Assets 2016: $2,456,095Liabilities 2016: $285,033Net Assets 2016: $2,171,0622016Assets 2017: $6,281,320Liabilities 2017: $51,881Net Assets 2017: $6,229,4392017Assets 2018: $6,390,528Liabilities 2018: $13,525Net Assets 2018: $6,377,0032018Assets 2019: $6,725,708Liabilities 2019: $13,525Net Assets 2019: $6,712,1832019Assets 2020: $7,026,766Liabilities 2020: $16,570Net Assets 2020: $7,010,1962020Assets 2021: $7,354,210Liabilities 2021: $12,424Net Assets 2021: $7,341,7862021Assets 2022: $7,677,378Liabilities 2022: $15,987Net Assets 2022: $7,661,3912022Assets 2023: $8,129,015Liabilities 2023: $11,538Net Assets 2023: $8,117,4772023Assets 2024: $8,545,753Liabilities 2024: $14,162Net Assets 2024: $8,531,5912024

Highlighted filing

2021

Assets$7,354,210
Liabilities$12,424
Net Assets$7,341,786

Operations Trend

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

$6.0M$4.0M$2.0M$0Expenses 2011: $615,4952011Expenses 2012: $646,2132012Revenue 2013: $807,632Expenses 2013: $664,321Net Income 2013: $143,3112013Revenue 2014: $827,013Expenses 2014: $631,051Net Income 2014: $195,9622014Revenue 2015: $861,903Expenses 2015: $672,906Net Income 2015: $188,9972015Revenue 2016: $816,037Expenses 2016: $690,369Net Income 2016: $125,6682016Revenue 2017: $4,738,971Expenses 2017: $680,594Net Income 2017: $4,058,3772017Revenue 2018: $260,888Expenses 2018: $113,263Net Income 2018: $147,6252018Revenue 2019: $408,553Expenses 2019: $73,373Net Income 2019: $335,1802019Revenue 2020: $384,152Expenses 2020: $86,139Net Income 2020: $298,0132020Revenue 2021: $368,256Expenses 2021: $36,414Net Income 2021: $331,8422021Revenue 2022: $373,435Expenses 2022: $46,187Net Income 2022: $327,2482022Revenue 2023: $513,171Expenses 2023: $64,229Net Income 2023: $448,9422023Revenue 2024: $472,433Expenses 2024: $58,290Net Income 2024: $414,1432024

Highlighted filing

2021

Revenue$368,256
Expenses$36,414
Net Income$331,842
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Nov 15, 2022
Return Version
2021v4.2
Gross Receipts
$368,256
Mission and Program Overview

Mission

Providing housing to low income residents under section 221(d)(3) of the national housing act.

To provide housing to low income residents under section 221(d)(3) of the national housing act.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Program Related$4,798,814$5,038,814▲ $240,000
Savings and Temporary Cash Investments$1,842,261$1,801,919▼ $40,342
Accounts Receivable$383,360$511,147▲ $127,787
Prepaid Expenses and Deferred Charges$2,275$2,275→ $0
Cash and Non-Interest-Bearing Accounts$56$55▼ $1
Total Assets$7,026,766$7,354,210▲ $327,444
Liabilities
Accounts Payable and Accrued Expenses$16,570$12,424▼ $4,146
Total Liabilities$16,570$12,424▼ $4,146
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,010,196$7,341,786▲ $331,590
Total Net Assets Fund Balance$7,010,196$7,341,786▲ $331,590
Total Liabilities and Net Assets / Fund Balance$7,026,766$7,354,210▲ $327,444

Asset Categories

AssetBook ValueDepreciationBasis
Investment Program Related Org$199,939--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Iris NealPresident/director
Diane Quinn TilleryVice President/director
Donna BoxerDirector
Fatu SamsumanaDirector
James WatsonDirector
Jane HoustonDirector
Kay FreemanDirector
Melissa BarringtonDirector
Virginie Mba MahakomDirector
Amal FallahSecretary/ Director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$367,787
Investment Income
$469
Other Revenue
$0
Change in Net Assets
$331,842
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$35,325
Grants and Similar Amounts Paid$1,089
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management-$23,725-$23,725
Fees for Services Accounting-$5,185-$5,185
Fees for Services Other-$3,000-$3,000
Insurance-$2,869-$2,869
Grants to Domestic Individuals$1,089--$1,089
Office Expenses-$382-$382
Other Expenses-$134-$134
Information Technology-$30-$30
Total Functional Expenses$1,089$35,325$0$36,414
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has the following classes of members: a) owner member b) leasehold member

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

The board of directors is elected by the members of the corporation. In addition, each member having voting power shall be entitled to vote on each matter submitted to a vote at a meeting of the members.

Form 990, Part VI, Section A, Line 8B

The board acted as a whole on all matters and no committees were appointed during the calendar year.

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

The form 990 is prepared by an independent accountant and reviewed by the president prior to submission to the irs.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Scotland Community Development Inc
EIN
52-6079918
Phone
3019832248
Address
7838 SCOTLAND DRIVE, POTOMAC, MD 20854

Signing Officer

Name
Iris Neal
Title
President
Phone
3012995066
Signed
2022-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Iris Neal
Formed
1965
Legal Domicile
Md
Voting Board Members
10
Independent Board Members
10
Employees
0
Volunteers
10

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
2 BETHESDA METRO CENTER SUITE 420, BETHESDA, MD 20814
Preparer
Garrett M Higgins
Phone
3016523464
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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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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0692091
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02044853
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0469
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt016365
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt036634
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt015619
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02500
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt071587
IRS990ScheduleA/InvestmentIncomeCYPct00.03380
IRS990ScheduleA/InvestmentIncomePYPct00.02890
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.35340
IRS990ScheduleA/PublicSupportPY509Pct00.55640
IRS990ScheduleA/PublicSupportTotal509Amt0747978
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0354500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0354500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0354500
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0233375
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01296875
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0354500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0354500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0354500
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0233375
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01296875
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0367787
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0367787
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0371919
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0245269
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0692091
IRS990ScheduleA/Total509Grp/TotalAmt02044853
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0368256
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0384152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0408553
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0260888
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0694591
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02116440
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt04838875
IRS990ScheduleD/InvstProgramRelatedOrgGrp/BookValueAmt1199939
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc0MORTGAGE RECEIVABLE FROM SCOTLAND TOWNHOMES LP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/Desc1INVESTMENT IN SCOTLAND TOWNHOMES LP
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd0C
IRS990ScheduleD/InvstProgramRelatedOrgGrp/MethodValuationCd1C
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueProgramRltdAmt05038814
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS THE FOLLOWING CLASSES OF MEMBERS: A) OWNER MEMBER B) LEASEHOLD MEMBER
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE MEMBERS OF THE CORPORATION. IN ADDITION, EACH MEMBER HAVING VOTING POWER SHALL BE ENTITLED TO VOTE ON EACH MATTER SUBMITTED TO A VOTE AT A MEETING OF THE MEMBERS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD ACTED AS A WHOLE ON ALL MATTERS AND NO COMMITTEES WERE APPOINTED DURING THE CALENDAR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT AND REVIEWED BY THE PRESIDENT PRIOR TO SUBMISSION TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
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 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt07026766
IRS990/TotalAssetsEOYAmt07354210
IRS990/TotalAssetsGrp/BOYAmt07026766
IRS990/TotalAssetsGrp/EOYAmt07354210
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt035325
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01089
IRS990/TotalFunctionalExpensesGrp/TotalAmt036414
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt016570
IRS990/TotalLiabilitiesEOYAmt012424
IRS990/TotalLiabilitiesGrp/BOYAmt016570
IRS990/TotalLiabilitiesGrp/EOYAmt012424
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt07010196
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt07341786
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt01089
IRS990/TotalProgramServiceRevenueAmt0367787
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0469
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0367787
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0368256
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt010
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt07026766
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt07354210
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07838 SCOTLAND DRIVE
IRS990/USAddress/CityNm0POTOMAC
IRS990/USAddress/StateAbbreviationCd0MD
IRS990/USAddress/ZIPCd020854
IRS990/VotingMembersGoverningBodyCnt010
IRS990/VotingMembersIndependentCnt010
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd03
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0IRIS NEAL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03012995066
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCOTLAND COMMUNITY DEVELOPMENT INC
ReturnHeader/Filer/BusinessNameControlTxt0SCOT
ReturnHeader/Filer/EIN0526079918
ReturnHeader/Filer/PhoneNum03019832248
ReturnHeader/Filer/USAddress/AddressLine1Txt07838 SCOTLAND DRIVE
ReturnHeader/Filer/USAddress/CityNm0POTOMAC
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020854
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271728945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'CONNOR DAVIES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02 BETHESDA METRO CENTER SUITE 420
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BETHESDA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd020814
ReturnHeader/PreparerPersonGrp/PhoneNum03016523464
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-12
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARRETT M HIGGINS
ReturnHeader/ReturnTs02022-11-15T10:23:52-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0IRIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0NEAL
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.55$0.01$8.53$0.47$0.06$0.41
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.13$0.01$8.12$0.51$0.06$0.45
2022Detailed filing. Detailed filing data is available for this year.$7.68$0.02$7.66$0.37$0.05$0.33
2021Detailed filing. Detailed filing data is available for this year.$7.35$0.01$7.34$0.37$0.04$0.33
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.03$0.02$7.01$0.38$0.09$0.30
2019Detailed filing. Detailed filing data is available for this year.$6.73$0.01$6.71$0.41$0.07$0.34
2018Detailed filing. Detailed filing data is available for this year.$6.39$0.01$6.38$0.26$0.11$0.15
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.28$0.05$6.23$4.74$0.68$4.06
2016Detailed filing. Detailed filing data is available for this year.$2.46$0.29$2.17$0.82$0.69$0.13
2015Detailed filing. Detailed filing data is available for this year.$2.35$0.31$2.05$0.86$0.67$0.19
2014Detailed filing. Detailed filing data is available for this year.$2.16$0.30$1.86$0.83$0.63$0.20
2013Detailed filing. Detailed filing data is available for this year.$1.97$0.31$1.66$0.81$0.66$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.85$0.33$1.52$0.65
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.33$1.40$0.62