Civic Intelligence

Agma Foundation

990 • Fiscal year 2016 • EIN 54-1601556

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 21, 2017

1001 North Fairfax StreetAlexandria, VA 22314-1581

(703) 684-0211

Siviq Scores

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

Liabilities / Assets

56th percentile

0.07x

Higher debt load relative to assets than 56% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Liabilities / Revenue

80th percentile

0.34x

Higher debt load relative to revenue than 80% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Net Margin

7th percentile

-50%

Higher net margin than 7% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Top Officer Pay

66th percentile

$51,500

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 33.9% of source-year revenue.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2016

Asset Growth

17th percentile

-9.1%

Faster asset growth than 17% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Revenue Growth

92nd percentile

78%

Faster revenue growth than 92% of similar nonprofits.

2016 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2015 to 2016

Assets

Down

$783,359

Down $78,865 (-9.1%) from 2015

Net Assets

Down

$731,085

Down $76,590 (-9.5%) from 2015

Liabilities

Down

$52,274

Down $2,275 (-4.2%) from 2015

Revenue

Up

$152,096

Up $66,867 (+78%) from 2015

Expenses

Up

$228,686

Up $34,716 (+18%) from 2015

Net Income

Up

-$76,590

Up $32,151 (+30%) from 2015

Historical Trend

Balance Sheet Trend

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

$1.0M$500K$0Assets 2010: $643,724Liabilities 2010: $11,875Net Assets 2010: $631,8492010Assets 2011: $643,929Liabilities 2011: $47,504Net Assets 2011: $596,4252011Assets 2015: $862,224Liabilities 2015: $54,549Net Assets 2015: $807,6752015Assets 2016: $783,359Liabilities 2016: $52,274Net Assets 2016: $731,0852016Assets 2017: $808,071Liabilities 2017: $87,749Net Assets 2017: $720,3222017Assets 2018: $737,660Liabilities 2018: $107,549Net Assets 2018: $630,1112018Assets 2019: $571,058Liabilities 2019: $95,463Net Assets 2019: $475,5952019Assets 2020: $432,918Liabilities 2020: $20,000Net Assets 2020: $412,9182020Assets 2021: $406,997Liabilities 2021: $17,500Net Assets 2021: $389,4972021Assets 2022: $426,032Liabilities 2022: $32,228Net Assets 2022: $393,8042022Assets 2023: $434,912Liabilities 2023: $12,500Net Assets 2023: $422,4122023Assets 2024: $458,930Liabilities 2024: $25,213Net Assets 2024: $433,7172024

Highlighted filing

2016

Assets$783,359
Liabilities$52,274
Net Assets$731,085

Operations Trend

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

$400K$200K$0-$200KExpenses 2010: $87,9012010Expenses 2011: $189,2972011Revenue 2015: $85,229Expenses 2015: $193,970Net Income 2015: -$108,7412015Revenue 2016: $152,096Expenses 2016: $228,686Net Income 2016: -$76,5902016Revenue 2017: $171,637Expenses 2017: $182,400Net Income 2017: -$10,7632017Revenue 2018: $128,613Expenses 2018: $218,824Net Income 2018: -$90,2112018Revenue 2019: $106,066Expenses 2019: $260,582Net Income 2019: -$154,5162019Revenue 2020: $59,717Expenses 2020: $122,394Net Income 2020: -$62,6772020Revenue 2021: $55,734Expenses 2021: $79,155Net Income 2021: -$23,4212021Revenue 2022: $95,403Expenses 2022: $58,345Net Income 2022: $37,0582022Revenue 2023: $92,617Expenses 2023: $81,423Net Income 2023: $11,1942023Revenue 2024: $76,899Expenses 2024: $97,861Net Income 2024: -$20,9622024

Highlighted filing

2016

Revenue$152,096
Expenses$228,686
Net Income-$76,590
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 21, 2017
Return Version
2016v3.0
Gross Receipts
$152,096
Mission and Program Overview

Mission

To support and strengthen education,training and research for the gear industry

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$712,065$717,156▲ $5,091
Cash and Non-Interest-Bearing Accounts$60,194$41,289▼ $18,905
Land, Buildings, and Equipment, Net$24,847$18,462▼ $6,385
Pledges and Grants Receivable$6,540$5,750▼ $790
Prepaid Expenses and Deferred Charges$58,578$702▼ $57,876
Total Assets$862,224$783,359▼ $78,865
Liabilities
Accounts Payable and Accrued Expenses$28,049$28,774▲ $725
Grants Payable$26,500$23,500▼ $3,000
Total Liabilities$54,549$52,274▼ $2,275
Net Assets / Fund Balance
Unrestricted Net Assets$801,100$725,335▼ $75,765
Temporarily Rstr Net Assets$6,575$5,750▼ $825
Total Net Assets Fund Balance$807,675$731,085▼ $76,590
Total Liabilities and Net Assets / Fund Balance$862,224$783,359▼ $78,865

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$18,462$16,027$34,489

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$6,575--$825$5,750
2015$7,485--$910$6,575
2014$151,730--$144,245$7,485
2013$151,730---$151,730
2012$151,730---$151,730
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cindy BennettExecutive DirectorPT$51,500$51,500

Board Members and Trustees

NameTitle
Louis ErtelAGMA Chairman Emeritus
Scott MillerChairman
David BallardTrustee
Gordon NewTrustee
Gregory SchulteTrustee
Jack MasserthTrustee
Jack NowlinTrustee
Joe MarkiewiczTrustee
Justin McCarthyTrustee
Scott MossTrustee
Tom MarinoSecretaryTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$74,169
Program Service Revenue
$0
Investment Income
$77,927
Other Revenue
$0
All Other Contributions
$3,464
Change in Net Assets
$-76,590

Audited Revenue Reconciliation

Revenue per Audited Statements
$152,096
Total Revenue per Audited Statements
$152,096
Total Revenue per Form 990
$152,096
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$155,713
Salaries, Compensation, and Employee Benefits$55,172
Other Expenses$17,801
Total Fundraising Expense$706
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$108,713--$108,713
Other Salaries and Wages$25,750$25,750-$51,500
Grants to Domestic Individuals$47,000--$47,000
Depreciation Depletion-$6,385-$6,385
Fees for Services Accounting-$5,000-$5,000
Payroll Taxes$1,836$1,836-$3,672
Conferences and Meetings-$3,518-$3,518
Travel-$848-$848
All Other Expenses$296$328-$624
Other Expenses-$293$672$293
Office Expenses-$240$34$274
Total Functional Expenses$183,595$44,385$706$228,686

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$228,686
Total Expenses per Audited Statements$228,686
Total Expenses per Form 990$228,686
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
American Gear Manufacturers AssocAlexandria, VA501c6Support 100 Year Centennial Celebration$109,009
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The Board of Trustees review the form 990 return prior to filing.

Conflict of interest policy compliance Part VI line 12C

The conflict of interest policy statement is signed at the Annual Meeting by each Trustee.

CEO executive director top management comp Part VI line 15A

The Chairman of the Foundation and the President of AGMA review the Executive Directors performance increase on a percentage agreed to by the AGMAs Board.

Governing documents etc available to public Part VI line 19

No documents are available to the public except the form 990.

Filing and Contact Details

Filer

Filer Name
AGMA Foundation Inc
EIN
54-1601556
Address
1001 North Fairfax Street, Alexandria, VA 22314-1581

Signing Officer

Name
Cindy Bennett
Title
Executive Direc
Phone
7036840211
Signed
2017-06-21
Discuss with paid preparer
No

Organization Details

Formed
1990
Legal Domicile
Va
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Blythe International Ltd
Address
8004 Springfield Village Drive, Springfield, VA 22152
Preparer
Michael B Saylor
Phone
7034027970
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0Provide scholarships to assist engineering students whose programs focus on technology and gear research.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt047000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt047000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt092402
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0114470
IRS990/PYInvestmentIncomeAmt0-7173
IRS990/PYOtherExpensesAmt028078
IRS990/PYRevenuesLessExpensesAmt0-108741
IRS990/PYSalariesCompEmpBnftPaidAmt051422
IRS990/PYTotalExpensesAmt0193970
IRS990/PYTotalRevenueAmt085229
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-76590
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgQualifiedInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtExclusivelySec170c2BInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0AGMA is a qualified under section 501 (c) (6)
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1AGMA will use the supported amount for educational purposes.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Organization qualified under 501c4 5 or 6Part IV 3b
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1Organization used exclusively for section 170c2b Part IV 3c
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/MajorityDirTrstSupportedOrgInd0false
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0530218918
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd09
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0109009
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0AGMA
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType2Ind0X
IRS990ScheduleA/SupportSumAmt0109009
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
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt06575
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt05750
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0825
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07485
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt06575
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0910
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0151730
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07485
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0144245
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0151730
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0151730
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0151730
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0151730
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt018462
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016027
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt034489
IRS990ScheduleD/ExpensesSubtotalAmt0228686
IRS990ScheduleD/RevenueSubtotalAmt0152096
IRS990ScheduleD/TotalBookValueLandBuildingsAmt018462
IRS990ScheduleD/TotalExpensesPerForm990Amt0228686
IRS990ScheduleD/TotalRevenuePerForm990Amt0152096
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0152096
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0228686
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt047000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0Actual
IRS990ScheduleI/RecipientTable/CashGrantAmt0109009
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C6
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Support 100 Year Centennial Celebration
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0American Gear Manufacturers Assoc
IRS990ScheduleI/RecipientTable/RecipientEIN0530218918
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt01001 N Fairfax Street 5th Fl
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Alexandria
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0VA
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd022314
IRS990ScheduleI/RecipientTable/ValuationMethodUsedDesc0Cash Transfer
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Board of Trustees monitors program activity by paying grants in installments, upon receipt of grant projects progress reports, per the schedule outlined in an agreement with each grantee.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Trustees review the form 990 return prior to filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The conflict of interest policy statement is signed at the Annual Meeting by each Trustee.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2The Chairman of the Foundation and the President of AGMA review the Executive Directors performance increase on a percentage agreed to by the AGMAs Board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3No documents are available to the public except the form 990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Conflict of interest policy compliance Part VI line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0true
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0American Gear Manufacturers Assoc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0530218918
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 C6
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0VA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0Trade Association
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt01001 North Fairfax Street 5th Floor

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