Civic Intelligence

First Maryland Disability Trust Inc.

990 • Fiscal year 2013 • EIN 56-2519036

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 22, 2014

1400 Front Avenue21093

(410) 296-4408

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.06x

Higher debt load relative to assets than 72% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Liabilities / Revenue

70th percentile

0.02x

Higher debt load relative to revenue than 70% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Net Margin

71st percentile

15%

Higher net margin than 71% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Top Officer Pay

73rd percentile

$0

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Asset Growth

86th percentile

56%

Faster asset growth than 86% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Revenue Growth

84th percentile

46%

Faster revenue growth than 84% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Assets

Up

$90,677

Up $32,648 (+56%) from 2012

Net Assets

Up

$85,289

Up $32,251 (+61%) from 2012

Liabilities

Up

$5,388

Up $397 (+8.0%) from 2012

Revenue

Up

$219,136

Up $69,051 (+46%) from 2012

Expenses

Up

$186,885

Up $44,120 (+31%) from 2012

Net Income

Up

$32,251

Up $24,931 (+341%) from 2012

Historical Trend

Balance Sheet Trend

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

$10M$5.0M$0Assets 2011: $49,667Liabilities 2011: $3,949Net Assets 2011: $45,7182011Assets 2012: $58,029Liabilities 2012: $4,991Net Assets 2012: $53,0382012Assets 2013: $90,677Liabilities 2013: $5,388Net Assets 2013: $85,2892013Assets 2014: $122,852Liabilities 2014: $8,326Net Assets 2014: $114,5262014Assets 2015: $161,906Liabilities 2015: $10,022Net Assets 2015: $151,8842015Assets 2016: $262,755Liabilities 2016: $19,176Net Assets 2016: $243,5792016Assets 2017: $1,001,628Liabilities 2017: $501,367Net Assets 2017: $500,2612017Assets 2018: $1,122,079Liabilities 2018: $282,019Net Assets 2018: $840,0602018Assets 2019: $2,682,047Liabilities 2019: $478,852Net Assets 2019: $2,203,1952019Assets 2020: $4,042,362Liabilities 2020: $822,287Net Assets 2020: $3,220,0752020Assets 2021: $5,995,096Liabilities 2021: $1,474,661Net Assets 2021: $4,520,4352021Assets 2022: $5,685,763Liabilities 2022: $1,434,185Net Assets 2022: $4,251,5782022Assets 2023: $8,104,812Liabilities 2023: $2,184,920Net Assets 2023: $5,919,8922023Assets 2024: $9,505,443Liabilities 2024: $2,242,463Net Assets 2024: $7,262,9802024

Highlighted filing

2013

Assets$90,677
Liabilities$5,388
Net Assets$85,289

Operations Trend

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

$4.0M$3.0M$2.0M$1.0M$0Revenue 2011: $101,744Expenses 2011: $89,541Net Income 2011: $12,2032011Revenue 2012: $150,085Expenses 2012: $142,765Net Income 2012: $7,3202012Revenue 2013: $219,136Expenses 2013: $186,885Net Income 2013: $32,2512013Revenue 2014: $289,879Expenses 2014: $260,642Net Income 2014: $29,2372014Revenue 2015: $396,100Expenses 2015: $358,742Net Income 2015: $37,3582015Revenue 2016: $538,197Expenses 2016: $446,502Net Income 2016: $91,6952016Revenue 2017: $757,133Expenses 2017: $509,941Net Income 2017: $247,1922017Revenue 2018: $950,000Expenses 2018: $584,289Net Income 2018: $365,7112018Revenue 2019: $2,025,807Expenses 2019: $738,588Net Income 2019: $1,287,2192019Revenue 2020: $1,824,993Expenses 2020: $933,617Net Income 2020: $891,3762020Revenue 2021: $2,212,520Expenses 2021: $1,168,287Net Income 2021: $1,044,2332021Revenue 2022: $1,782,285Expenses 2022: $1,568,452Net Income 2022: $213,8332022Revenue 2023: $3,042,436Expenses 2023: $1,835,278Net Income 2023: $1,207,1582023Revenue 2024: $2,980,219Expenses 2024: $2,124,517Net Income 2024: $855,7022024

Highlighted filing

2013

Revenue$219,136
Expenses$186,885
Net Income$32,251
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 22, 2014
Return Version
2013v3.1
Gross Receipts
$222,544
Mission and Program Overview

Mission

To enhance the quality of life, autonomy and dignity of Marylanders with disabilities by offering cost effective trust services to protect, manage and use trust assets for our beneficiaries while preserving their eligibility for public and private benefits.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$20,574$20,182▼ $392
Accounts Receivable$7,584$12,682▲ $5,098
Cash and Non-Interest-Bearing Accounts$4,427$7,616▲ $3,189
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$58,029$90,677▲ $32,648
Other Assets Total$25,444$50,197▲ $24,753
Liabilities
Other Liabilities$3,220$2,978▼ $242
Accounts Payable and Accrued Expenses$1,771$2,410▲ $639
Total Liabilities$4,991$5,388▲ $397
Net Assets / Fund Balance
Unrestricted Net Assets$53,038$85,289▲ $32,251
Total Net Assets Fund Balance$53,038$85,289▲ $32,251
Total Liabilities and Net Assets / Fund Balance$58,029$90,677▲ $32,648

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$20,182$17,329$37,511
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$26,694
Program Service Revenue
$190,766
Investment Income
$1,676
Other Revenue
$0
All Other Contributions
$26,694
Change in Net Assets
$32,251
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$124,403
Other Expenses$62,482
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$78,445$36,865-$115,310
Insurance$370$9,620-$9,990
Payroll Taxes$6,186$2,907-$9,093
Depreciation Depletion$5,771$2,712-$8,483
Occupancy$5,715$2,685-$8,400
Fees for Services Accounting-$7,000-$7,000
Office Expenses$3,482$1,509-$4,991
Information Technology$3,384$1,591-$4,975
All Other Expenses$2,260$1,144-$3,404
Travel$1,350$635-$1,985
Fees for Services Legal-$1,480-$1,480
Conferences and Meetings$1,325--$1,325
Other Expenses$780$367-$1,147
Fees for Service Investment Mgmnt Fees-$167-$167
Total Functional Expenses$116,448$70,437$0$186,885
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

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Taxes Payable$2,978
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et

Jason Frank, President, is married to Laurie Frank, Secretary.

Form 990, Part VI, Line 11B: Form 990 Review Process

The finance committee will review the 990 prior to its filing and the board of directors will receive a copy of the 990 after it has been filed.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Copies of governing documents and policies are available upon request.

Filing and Contact Details

Filer

EIN
56-2519036
Phone
4102964408

Signing Officer

Name
Denise Fike
Title
Executive Director
Signed
2014-07-22
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Md
Voting Board Members
16
Independent Board Members
16
Employees
4

Preparer

Preparer
Benjamin J Dubin
Phone
4106596200
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IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
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IRS990/InformationTechnologyGrp/TotalAmt04975
IRS990/InsuranceGrp/ManagementAndGeneralAmt09620
IRS990/InsuranceGrp/ProgramServicesAmt0370
IRS990/InsuranceGrp/TotalAmt09990
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0876
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0876
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt03
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt017329
IRS990/LandBldgEquipBasisNetGrp/BOYAmt020574
IRS990/LandBldgEquipBasisNetGrp/EOYAmt020182
IRS990/LandBldgEquipCostOrOtherBssAmt037511
IRS990/LegalDomicileStateCd0MD
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03408
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0To enhance the quality of life, autonomy and dignity of Marylanders with disabilities by offering cost effective trust services to protect, manage and use trust assets for our beneficiaries while preserving their eligibility for public and private benefits.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt053038
IRS990/NetAssetsOrFundBalancesEOYAmt085289
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0800
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0800
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt02685
IRS990/OccupancyGrp/ProgramServicesAmt05715
IRS990/OccupancyGrp/TotalAmt08400
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01509
IRS990/OfficeExpensesGrp/ProgramServicesAmt03482
IRS990/OfficeExpensesGrp/TotalAmt04991
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt025444
IRS990/OtherAssetsTotalGrp/EOYAmt050197
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Marketing
IRS990/OtherExpensesGrp/Desc1Telephone
IRS990/OtherExpensesGrp/Desc2Cloud Storage
IRS990/OtherExpensesGrp/Desc3Computer Maitenance and Repair
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0988
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1767
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2367
IRS990/OtherExpensesGrp/ProgramServicesAmt03646
IRS990/OtherExpensesGrp/ProgramServicesAmt12101
IRS990/OtherExpensesGrp/ProgramServicesAmt21633
IRS990/OtherExpensesGrp/ProgramServicesAmt3780
IRS990/OtherExpensesGrp/TotalAmt03646
IRS990/OtherExpensesGrp/TotalAmt13089
IRS990/OtherExpensesGrp/TotalAmt22400
IRS990/OtherExpensesGrp/TotalAmt31147
IRS990/OtherLiabilitiesGrp/BOYAmt03220
IRS990/OtherLiabilitiesGrp/EOYAmt02978
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036865
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt078445
IRS990/OtherSalariesAndWagesGrp/TotalAmt0115310
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt02907
IRS990/PayrollTaxesGrp/ProgramServicesAmt06186
IRS990/PayrollTaxesGrp/TotalAmt09093
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0Beneficiary Enrollment Fe
IRS990/ProgramServiceRevenueGrp/Desc1Closing Fee
IRS990/ProgramServiceRevenueGrp/Desc2Trustee Fee
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt069000
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11930
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2119836
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt069000
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11930
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2119836
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt032251
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt021202
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt028177
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt012276
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt0600
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt062255
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt026694
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt033287
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt018129
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt078710
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01676
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt0134
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01810
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0190766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0116664
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt083615
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt046557
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0437602
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01676
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt0134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01810
IRS990ScheduleA/InvestmentIncomeCYPct00.00350
IRS990ScheduleA/InvestmentIncomePYPct00.00040
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.51$2.24$7.26$2.98$2.12$0.86
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.10$2.18$5.92$3.04$1.84$1.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.69$1.43$4.25$1.78$1.57$0.21
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.00$1.47$4.52$2.21$1.17$1.04
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.04$0.82$3.22$1.82$0.93$0.89
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.68$0.48$2.20$2.03$0.74$1.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.28$0.84$0.95$0.58$0.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.00$0.50$0.50$0.76$0.51$0.25
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.26$0.02$0.24$0.54$0.45$0.09
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.16$0.01$0.15$0.40$0.36$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.12$0.01$0.11$0.29$0.26$0.03
2013Detailed filing. Detailed filing data is available for this year.$0.09$0.01$0.09$0.22$0.19$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.06$0.00$0.05$0.15$0.14$0.01
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.05$0.00$0.05$0.10$0.09$0.01