Civic Intelligence

First Maryland Disability Trust Inc.

990 • Fiscal year 2016 • EIN 56-2519036

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

1400 Front Avenue No 303Lutherville, MD 21093-5364

(410) 296-4408

Siviq Scores

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

Liabilities / Assets

57th percentile

0.07x

Higher debt load relative to assets than 57% of similar nonprofits.

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

Liabilities / Revenue

49th percentile

0.04x

Higher debt load relative to revenue than 49% of similar nonprofits.

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

Net Margin

76th percentile

17%

Higher net margin than 76% of similar nonprofits.

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

Top Officer Pay

83rd percentile

$84,989

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 15.8% of source-year revenue.

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

Asset Growth

91st percentile

62%

Faster asset growth than 91% of similar nonprofits.

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

Revenue Growth

83rd percentile

36%

Faster revenue growth than 83% of similar nonprofits.

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

Assets

Up

$262,755

Up $100,849 (+62%) from 2015

Net Assets

Up

$243,579

Up $91,695 (+60%) from 2015

Liabilities

Up

$19,176

Up $9,154 (+91%) from 2015

Revenue

Up

$538,197

Up $142,097 (+36%) from 2015

Expenses

Up

$446,502

Up $87,760 (+24%) from 2015

Net Income

Up

$91,695

Up $54,337 (+145%) from 2015

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

2016

Assets$262,755
Liabilities$19,176
Net Assets$243,579

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

2016

Revenue$538,197
Expenses$446,502
Net Income$91,695
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$623,411
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
Investments in Publicly Traded Securities$80,591$103,868▲ $23,277
Cash and Non-Interest-Bearing Accounts$26,221$68,869▲ $42,648
Accounts Receivable$26,799$36,161▲ $9,362
Land, Buildings, and Equipment, Net$15,636$33,969▲ $18,333
Savings and Temporary Cash Investments$12,659$19,888▲ $7,229
Total Assets$161,906$262,755▲ $100,849
Liabilities
Accounts Payable and Accrued Expenses$10,022$19,176▲ $9,154
Total Liabilities$10,022$19,176▲ $9,154
Net Assets / Fund Balance
Unrestricted Net Assets$151,884$243,579▲ $91,695
Total Net Assets Fund Balance$151,884$243,579▲ $91,695
Total Liabilities and Net Assets / Fund Balance$161,906$262,755▲ $100,849

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$33,969$35,819$69,788
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Denise FikeExecutive DirectorFT$80,250$4,739$84,989

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$96,771
Program Service Revenue
$440,203
Investment Income
$1,223
Other Revenue
$0
All Other Contributions
$96,771
Change in Net Assets
$91,695
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$256,700
Other Expenses$188,503
Grants and Similar Amounts Paid$1,299
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$110,488$36,323-$146,811
Current Officers, Directors, Trustees, and Key Employees$63,742$21,247-$84,989
Office Expenses$21,234$7,026-$28,260
Occupancy$19,649$6,550-$26,199
Payroll Taxes$13,178$4,353-$17,531
Information Technology$12,597$2,098-$14,695
Conferences and Meetings$7,783$3,529-$11,312
Travel$8,335$1,366-$9,701
Fees for Services Accounting-$7,400-$7,400
Insurance$3,991$2,423-$6,414
Fees for Services Legal-$6,318-$6,318
Other Employee Benefits$4,701$1,553-$6,254
Depreciation Depletion$3,701$1,234-$4,935
Other Expenses$1,382$460-$1,842
Grants to Domestic Individuals$1,299--$1,299
Pension Plan Contributions$838$277-$1,115
Fees for Services Other-$750-$750
Interest-$521-$521
Fees for Service Investment Mgmnt Fees$378--$378
Total Functional Expenses$330,652$115,850$0$446,502
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
Annual disclosure for covered persons
No
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 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, Section C, line 19

Copies of governing documents and policies are available upon request.

Filing and Contact Details

Filer

Filer Name
First Maryland Disability Trust Inc
EIN
56-2519036
Phone
4102964408
Address
1400 Front Avenue No 303, Lutherville, MD 21093-5364

Signing Officer

Name
Denise Fike
Title
Executive Director
Phone
4102964408
Signed
2017-11-13
Discuss with paid preparer
Yes

Organization Details

Formed
2005
Legal Domicile
Md
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
0

Preparer

Firm
Pbmares Llp
Address
500 E PRATT STREET SUITE 525, BALTIMORE, MD 21202
Preparer
Ronald H Pachino
Phone
4106596200
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IRS990/OtherExpensesGrp/Desc1Office Relocation
IRS990/OtherExpensesGrp/Desc2Dues and Subscriptions
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt012000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1422
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2460
IRS990/OtherExpensesGrp/ProgramServicesAmt054966
IRS990/OtherExpensesGrp/ProgramServicesAmt12390
IRS990/OtherExpensesGrp/ProgramServicesAmt21382
IRS990/OtherExpensesGrp/TotalAmt054966
IRS990/OtherExpensesGrp/TotalAmt112000
IRS990/OtherExpensesGrp/TotalAmt22812
IRS990/OtherExpensesGrp/TotalAmt31842
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt036323
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt0110488
IRS990/OtherSalariesAndWagesGrp/TotalAmt0146811
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04353
IRS990/PayrollTaxesGrp/ProgramServicesAmt013178
IRS990/PayrollTaxesGrp/TotalAmt017531
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0277
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0838
IRS990/PensionPlanContributionsGrp/TotalAmt01115
IRS990/PoliticalCampaignActyInd00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1900099
IRS990/ProgramServiceRevenueGrp/BusinessCd2900099
IRS990/ProgramServiceRevenueGrp/Desc0Trustee Fee
IRS990/ProgramServiceRevenueGrp/Desc1Joinder Fee
IRS990/ProgramServiceRevenueGrp/Desc2Closing Fee
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0311275
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1117350
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt211578
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0311275
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1117350
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt211578
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt010917
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt01041
IRS990/PYInvestmentIncomeAmt03746
IRS990/PYOtherExpensesAmt0132616
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0381437
IRS990/PYRevenuesLessExpensesAmt037358
IRS990/PYSalariesCompEmpBnftPaidAmt0225085
IRS990/PYTotalExpensesAmt0358742
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0396100
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt091695
IRS990/RegularMonitoringEnfrcInd00
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0440203
IRS990/SavingsAndTempCashInvstGrp/BOYAmt012659
IRS990/SavingsAndTempCashInvstGrp/EOYAmt019888
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearAmt085887
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt010167
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt027098
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt021202
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt028177
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt0172531
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt096771
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt010917
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt031456
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt026694
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt033287
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0199125
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02647
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt03746
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt04142
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01676
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0134
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt012345
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0440203
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0381437
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0254266
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0190766
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0116664
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01383336
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02647
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt03746
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt04142
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01676
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0134
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt012345
IRS990ScheduleA/InvestmentIncomeCYPct00.00770
IRS990ScheduleA/InvestmentIncomePYPct00.00740
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.84080
IRS990ScheduleA/PublicSupportPY509Pct00.86910
IRS990ScheduleA/PublicSupportTotal509Amt01340987
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0115132
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt039367
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt036784
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt021687
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt028504
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0241474
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt029245
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt029200
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt09686
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0485
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0327
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt068943
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0536974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0392354
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0285722
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0217460
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0149951
IRS990ScheduleA/Total509Grp/TotalAmt01582461
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0539621
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0396100
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0289864
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0219136
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0150085
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01594806
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/ScheduleBRequiredInd01
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt033969
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt035819

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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
2016Detailed filing. Detailed filing data is available for this year.$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