Civic Intelligence

High Tech Ministries Inc.

990 • Fiscal year 2015 • EIN 58-2254017

Jan 01, 2015 to Dec 31, 2015 • Filed on Nov 14, 2016

3423 Piedmont Rd NEAtlanta, GA 30305

(770) 937-5902

Siviq Scores

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

Liabilities / Assets

37th percentile

0.01x

Higher debt load relative to assets than 37% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

33rd percentile

0.01x

Higher debt load relative to revenue than 33% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

11th percentile

-26%

Higher net margin than 11% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

66th percentile

$50,000

Higher top officer pay than 66% of similar nonprofits.

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

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

7th percentile

-24%

Faster asset growth than 7% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

24th percentile

-11%

Faster revenue growth than 24% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Down

$257,534

Down $80,311 (-24%) from 2014

Net Assets

Down

$255,037

Down $82,808 (-25%) from 2014

Liabilities

Up

$2,497

Up $2,497 from 2014

Revenue

Down

$315,699

Down $39,278 (-11%) from 2014

Expenses

Up

$397,398

Up $50,308 (+14%) from 2014

Net Income

Down

-$81,699

Down $89,586 (-1136%) from 2014

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2010: $249,722Liabilities 2010: $7,016Net Assets 2010: $242,7062010Assets 2011: $276,278Liabilities 2011: $0Net Assets 2011: $276,2782011Assets 2012: $260,417Liabilities 2012: $0Net Assets 2012: $260,4172012Assets 2013: $329,958Liabilities 2013: $0Net Assets 2013: $329,9582013Assets 2014: $337,845Liabilities 2014: $0Net Assets 2014: $337,8452014Assets 2015: $257,534Liabilities 2015: $2,497Net Assets 2015: $255,0372015Assets 2016: $195,716Liabilities 2016: $2,491Net Assets 2016: $193,2252016Assets 2017: $188,254Liabilities 2017: $265Net Assets 2017: $187,9892017Assets 2018: $171,931Liabilities 2018: $265Net Assets 2018: $171,6662018Assets 2019: $195,569Liabilities 2019: $3,296Net Assets 2019: $192,2732019Assets 2020: $274,438Liabilities 2020: $4,748Net Assets 2020: $269,6902020Assets 2021: $331,781Liabilities 2021: $2,084Net Assets 2021: $329,6972021Assets 2022: $302,701Liabilities 2022: $17,946Net Assets 2022: $284,7552022Assets 2023: $240,341Liabilities 2023: $5,025Net Assets 2023: $235,3162023Assets 2024: $235,477Liabilities 2024: $2,408Net Assets 2024: $233,0692024

Highlighted filing

2015

Assets$257,534
Liabilities$2,497
Net Assets$255,037

Operations Trend

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

$600K$400K$200K$0-$200KRevenue 2010: $427,052Expenses 2010: $382,145Net Income 2010: $44,9072010Expenses 2011: $383,8832011Expenses 2012: $399,1962012Revenue 2013: $453,640Expenses 2013: $384,099Net Income 2013: $69,5412013Revenue 2014: $354,977Expenses 2014: $347,090Net Income 2014: $7,8872014Revenue 2015: $315,699Expenses 2015: $397,398Net Income 2015: -$81,6992015Revenue 2016: $233,744Expenses 2016: $295,978Net Income 2016: -$62,2342016Revenue 2017: $338,919Expenses 2017: $343,567Net Income 2017: -$4,6482017Revenue 2018: $321,596Expenses 2018: $336,215Net Income 2018: -$14,6192018Revenue 2019: $323,684Expenses 2019: $305,195Net Income 2019: $18,4892019Revenue 2020: $223,710Expenses 2020: $146,293Net Income 2020: $77,4172020Revenue 2021: $307,865Expenses 2021: $247,858Net Income 2021: $60,0072021Revenue 2022: $258,511Expenses 2022: $303,453Net Income 2022: -$44,9422022Revenue 2023: $272,806Expenses 2023: $322,245Net Income 2023: -$49,4392023Revenue 2024: $319,484Expenses 2024: $321,731Net Income 2024: -$2,2472024

Highlighted filing

2015

Revenue$315,699
Expenses$397,398
Net Income-$81,699
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Nov 14, 2016
Return Version
2015v2.0
Gross Receipts
$504,027
Mission and Program Overview

Mission

To facilitate a personal relationship with christ among atlanta technology professionals

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$337,845$255,037▼ $82,808
Savings and Temporary Cash Investments$329,861$252,496▼ $77,365
Intangible Assets$4,600$3,000▼ $1,600
Land, Buildings, and Equipment, Net$3,384$2,038▼ $1,346
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$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-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$337,845$257,534▼ $80,311
Other Assets Total-$0-
Liabilities
Other Liabilities-$2,497-
Total Liabilities$0$2,497▲ $2,497
Net Assets / Fund Balance
Total Net Assets Fund Balance$337,845$255,037▼ $82,808
Total Liabilities and Net Assets / Fund Balance$337,845$257,534▼ $80,311

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,038$8,041$10,079
Other Land Buildings-$501$501
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Matthew StevensChairmanPT$50,000$50,000

Board Members and Trustees

NameTitle
Dave MimsDirector
Jason SmithDirector
Marcus GrahamDirector
Brian HillSecretary
Matt McconnellTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$176,233
Program Service Revenue
$79,825
Investment Income
$667
Other Revenue
$58,974
All Other Contributions
$176,233
Change in Net Assets
$-81,699
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$199,149
Other Expenses$198,249
Total Fundraising Expense$36,576
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$55,425$40,457$14,968$110,850
Current Officers, Directors, Trustees, and Key Employees$25,000$12,500$12,500$50,000
All Other Expenses$2,364$15,977$3,937$22,278
Other Employee Benefits$10,636$7,763$2,872$21,271
Payroll Taxes$8,514$6,215$2,299$17,028
Occupancy-$16,351-$16,351
Advertising-$14,421-$14,421
Conferences and Meetings$9,195$300-$9,495
Other Expenses$14,366$6,982-$6,982
Depreciation Depletion-$2,946-$2,946
Office Expenses-$866-$866
Information Technology-$346-$346
Total Functional Expenses$228,237$132,585$36,576$397,398
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$104,075
Fundraising Direct Expenses$45,101
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$104,075$104,075$14,266$89,809
Total Events$104,075$104,075$45,101$58,974
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 Withholding$2,497
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
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 11B: Form 990 Review Process

A financials sub-commitee reviews and approves the financial data prior to submission to the board of directors for approval before filing form 990. In the event that the committee is unavailable, the treasurer may review and accept.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Board of directors reviewed and approved compensation package of executive director.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Board of directors reviewed and approved compensation package of all employees.

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

Information is provided upon request

Filing and Contact Details

Filer

Filer Name
High Tech Ministries Inc
EIN
58-2254017
Phone
7709375902
Address
3423 PIEDMONT RD NE, ATLANTA, GA 30305

Signing Officer

Name
Matthew Stevens
Title
Chairman
Signed
2016-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1996
Legal Domicile
Ga
Voting Board Members
7
Independent Board Members
7
Employees
4
Volunteers
300

Preparer

Firm
Bridges & Dunn-Rankin LLP
Address
400 Galleria Parkway Suite 1050, Atlanta, GA 30339
Preparer
Kenneth H Bridges
Phone
7705638888
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt08041
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IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0501
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0501
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02497
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IRS990ScheduleD/TotalBookValueLandBuildingsAmt02038
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IRS990ScheduleG/EmailSolicitationsInd0X
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IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
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IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt0104075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0104075
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt0104075
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IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt058974
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt017650
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IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014266
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IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt08774
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IRS990ScheduleG/MailSolicitationsInd0X
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2.35$0.02$2.33$3.19$3.22$0.02
2023Detailed filing. Detailed filing data is available for this year.$2.40$0.05$2.35$2.73$3.22$0.49
2022Detailed filing. Detailed filing data is available for this year.$3.03$0.18$2.85$2.59$3.03$0.45
2021Detailed filing. Detailed filing data is available for this year.$3.32$0.02$3.30$3.08$2.48$0.60
2020Detailed filing. Detailed filing data is available for this year.$2.74$0.05$2.70$2.24$1.46$0.77
2019Detailed filing. Detailed filing data is available for this year.$1.96$0.03$1.92$3.24$3.05$0.18
2018Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$3.22$3.36$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.88$0.00$1.88$3.39$3.44$0.05
2016Detailed filing. Detailed filing data is available for this year.$1.96$0.02$1.93$2.34$2.96$0.62
2015Detailed filing. Detailed filing data is available for this year.$2.58$0.02$2.55$3.16$3.97$0.82
2014Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$3.55$3.47$0.08
2013Detailed filing. Detailed filing data is available for this year.$3.30$0.00$3.30$4.54$3.84$0.70
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.60$0.00$2.60$3.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.76$0.00$2.76$3.84
2010Summary only. Only limited summary data is available for this year.$2.50$0.07$2.43$4.27$3.82$0.45
Peer Organizations

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