Civic Intelligence

Photoworks Inc.

990EZ • Fiscal year 2016 • EIN 65-1178064

Jan 01, 2016 to Dec 31, 2016 • Filed on May 01, 2017

7300 Macarthur BlvdGlen Echo, MD 20812

(301) 634-2274

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

21st percentile

-13%

Higher net margin than 21% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

82nd percentile

$19,017

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 16.4% of source-year revenue.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

24th percentile

-15%

Faster asset growth than 24% of similar nonprofits.

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

Revenue Growth

20th percentile

-26%

Faster revenue growth than 20% of similar nonprofits.

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

Assets

Down

$87,860

Down $15,054 (-15%) from 2015

Net Assets

Down

$87,780

Down $15,045 (-15%) from 2015

Liabilities

Down

$80

Down $9 (-10%) from 2015

Revenue

Down

$115,916

Down $40,166 (-26%) from 2015

Expenses

Down

$130,740

Down $16,878 (-11%) from 2015

Net Income

Down

-$14,824

Down $23,288 (-275%) from 2015

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $121,509Liabilities 2010: $56Net Assets 2010: $121,4532010Assets 2011: $109,308Liabilities 2011: $30Net Assets 2011: $109,2782011Assets 2012: $116,468Liabilities 2012: $39Net Assets 2012: $116,4292012Assets 2013: $106,481Liabilities 2013: $83Net Assets 2013: $106,3982013Assets 2014: $96,647Liabilities 2014: $48Net Assets 2014: $96,5992014Assets 2015: $102,914Liabilities 2015: $89Net Assets 2015: $102,8252015Assets 2016: $87,860Liabilities 2016: $80Net Assets 2016: $87,7802016Assets 2017: $105,191Liabilities 2017: $1,553Net Assets 2017: $103,6382017Assets 2018: $119,242Liabilities 2018: $1,093Net Assets 2018: $118,1492018Assets 2019: $128,566Liabilities 2019: $55Net Assets 2019: $128,5112019Assets 2020: $181,688Liabilities 2020: $7Net Assets 2020: $181,6812020Assets 2021: $162,519Liabilities 2021: $0Net Assets 2021: $162,5192021Assets 2022: $161,076Liabilities 2022: $1,454Net Assets 2022: $159,6222022Assets 2023: $170,312Liabilities 2023: $516Net Assets 2023: $169,7962023Assets 2024: $179,545Liabilities 2024: $66Net Assets 2024: $179,4792024

Highlighted filing

2016

Assets$87,860
Liabilities$80
Net Assets$87,780

Operations Trend

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

$200K$100K$0-$100KRevenue 2010: $136,923Expenses 2010: $138,752Net Income 2010: -$1,8292010Revenue 2011: $139,416Expenses 2011: $150,249Net Income 2011: -$10,8332011Revenue 2012: $151,746Expenses 2012: $146,424Net Income 2012: $5,3222012Revenue 2013: $123,166Expenses 2013: $136,758Net Income 2013: -$13,5922013Revenue 2014: $125,928Expenses 2014: $133,079Net Income 2014: -$7,1512014Revenue 2015: $156,082Expenses 2015: $147,618Net Income 2015: $8,4642015Revenue 2016: $115,916Expenses 2016: $130,740Net Income 2016: -$14,8242016Revenue 2017: $151,142Expenses 2017: $137,315Net Income 2017: $13,8272017Revenue 2018: $149,735Expenses 2018: $131,929Net Income 2018: $17,8062018Revenue 2019: $141,511Expenses 2019: $131,310Net Income 2019: $10,2012019Revenue 2020: $141,406Expenses 2020: $89,834Net Income 2020: $51,5722020Revenue 2021: $97,679Expenses 2021: $118,530Net Income 2021: -$20,8512021Revenue 2022: $163,566Expenses 2022: $163,025Net Income 2022: $5412022Revenue 2023: $160,613Expenses 2023: $153,179Net Income 2023: $7,4342023Revenue 2024: $188,018Expenses 2024: $180,578Net Income 2024: $7,4402024

Highlighted filing

2016

Revenue$115,916
Expenses$130,740
Net Income-$14,824
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
May 1, 2017
Return Version
2016v3.0
Gross Receipts
$120,307
Mission and Program Overview

Mission

To operate a photography education center as part of the glen echo park partnership for arts and culture.

Program Services

DescriptionGrantsExpenses
EDUCATION CLASSES FOR INDIVIDUALS INTERESTED IN THE VISUAL ARTS.$0$110,797
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
K KEATINGExecutive Director-$19,017-$19,017
G ROTHSCHILDExhibit Director-$4,119-$4,119
B STENNINGSecretary-$697-$697
B HORTONWebsite Chair-$0--
S GORDONBoard Member-$0--
D MYERSPresident-$0--
C CAHNTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Photoworks Inc
EIN
65-1178064
Phone
3016342274
Address
7300 MACARTHUR BLVD, GLEN ECHO, MD 20812

Signing Officer

Name
Karen Keating
Title
Executive Director
Phone
3016342274
Signed
2017-05-01
Discuss with paid preparer
Yes

Preparer

Firm
Adeptus Partners LLC
Address
3311 OLNEY SANDY SPRING RD, OLNEY, MD 20832-1411
Preparer
Neil E Berger
Phone
3019299700
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

Description: interest income. Amount: 13.

Form 990-ez, Part I, Line 7 - Sales of Inventory

Income: gross receipts: 1,336. Returns and allowances: 0. Less cost of goods sold: 3,504. Gross profit: -2,168. Cost of goods sold: inventory at beginning of year: 0. Merchandise purchased: 0. Cost of labor: 0. Materials and supplies: 0. Other costs: 3,504. Inventory at end of year: 0. Cost of goods sold: 3,504.

Form 990-ez, Part I, Line 7B - Other Costs

Description: promotion and exhibit costs. Amount: 2,331. Description: artist share of sales. Amount: 1,173. Total included on form 990-ez, part i, line 7b: 3,504.

Form 990-ez, Part I, Line 14

Description: depreciation. Amount: 7,554. Description: other expenses. Amount: 38,541. Total to form 990-ez, line 14: 46,095.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: advertising and promotion. Amount: 13,787. Description: insurance. Amount: 771. Description: darkroom supplies. Amount: 1,453. Description: bank and credit card fees. Amount: 215. Description: office expenses. Amount: 2,329. Description: board expenses. Amount: 142. Description: website. Amount: 396. Total to form 990-ez, line 16: 19,093.

Form 990-ez, Part I, Line 20 - Other Changes in Net Assets

Description: unrealized loss from raymond james. Amount: -221.

Form 990-ez, Part II, Line 24 - Other Assets

Description: other depreciable assets. Beg. Of year amount: 237. End of year amount: 3,564.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: sales tax payable. Beg. Of year amount: 89. End of year amount: 80.

Raw XML Appendix221 raw XML fields

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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 13.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1INCOME: GROSS RECEIPTS: 1,336. RETURNS AND ALLOWANCES: 0. LESS COST OF GOODS SOLD: 3,504. GROSS PROFIT: -2,168. COST OF GOODS SOLD: INVENTORY AT BEGINNING OF YEAR: 0. MERCHANDISE PURCHASED: 0. COST OF LABOR: 0. MATERIALS AND SUPPLIES: 0. OTHER COSTS: 3,504. INVENTORY AT END OF YEAR: 0. COST OF GOODS SOLD: 3,504.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PROMOTION AND EXHIBIT COSTS. AMOUNT: 2,331. DESCRIPTION: ARTIST SHARE OF SALES. AMOUNT: 1,173. TOTAL INCLUDED ON FORM 990-EZ, PART I, LINE 7B: 3,504.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DEPRECIATION. AMOUNT: 7,554. DESCRIPTION: OTHER EXPENSES. AMOUNT: 38,541. TOTAL TO FORM 990-EZ, LINE 14: 46,095.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4DESCRIPTION: ADVERTISING AND PROMOTION. AMOUNT: 13,787. DESCRIPTION: INSURANCE. AMOUNT: 771. DESCRIPTION: DARKROOM SUPPLIES. AMOUNT: 1,453. DESCRIPTION: BANK AND CREDIT CARD FEES. AMOUNT: 215. DESCRIPTION: OFFICE EXPENSES. AMOUNT: 2,329. DESCRIPTION: BOARD EXPENSES. AMOUNT: 142. DESCRIPTION: WEBSITE. AMOUNT: 396. TOTAL TO FORM 990-EZ, LINE 16: 19,093.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DESCRIPTION: UNREALIZED LOSS FROM RAYMOND JAMES. AMOUNT: -221.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6DESCRIPTION: OTHER DEPRECIABLE ASSETS. BEG. OF YEAR AMOUNT: 237. END OF YEAR AMOUNT: 3,564.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7DESCRIPTION: SALES TAX PAYABLE. BEG. OF YEAR AMOUNT: 89. END OF YEAR AMOUNT: 80.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 7 - SALES OF INVENTORY
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 7B - OTHER COSTS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART I, LINE 14
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0KAREN KEATING
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0EXECUTIVE DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum03016342274
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-05-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PHOTOWORKS INC
ReturnHeader/Filer/BusinessNameControlTxt0PHOT
ReturnHeader/Filer/EIN0651178064
ReturnHeader/Filer/PhoneNum03016342274
ReturnHeader/Filer/USAddress/AddressLine1Txt07300 MACARTHUR BLVD
ReturnHeader/Filer/USAddress/CityNm0GLEN ECHO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MD
ReturnHeader/Filer/USAddress/ZIPCd020812
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ReturnHeader/FilingSecurityInformation/IPTm008:43:30
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201835208
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ADEPTUS PARTNERS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03311 OLNEY SANDY SPRING RD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0OLNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0208321411
ReturnHeader/PreparerPersonGrp/PhoneNum03019299700
ReturnHeader/PreparerPersonGrp/PreparationDt02017-05-01
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NEIL E BERGER
ReturnHeader/ReturnTs02017-05-09T14:04:28-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.80$0.00$1.79$1.88$1.81$0.07
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.01$1.70$1.61$1.53$0.07
2022Detailed filing. Detailed filing data is available for this year.$1.61$0.01$1.60$1.64$1.63$0.01
2021Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.98$1.19$0.21
2020Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$1.41$0.90$0.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.29$0.00$1.29$1.42$1.31$0.10
2018Detailed filing. Detailed filing data is available for this year.$1.19$0.01$1.18$1.50$1.32$0.18
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.05$0.02$1.04$1.51$1.37$0.14
2016Detailed filing. Detailed filing data is available for this year.$0.88$0.00$0.88$1.16$1.31$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.03$0.00$1.03$1.56$1.48$0.08
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.97$0.00$0.97$1.26$1.33$0.07
2013Detailed filing. Detailed filing data is available for this year.$1.06$0.00$1.06$1.23$1.37$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$1.52$1.46$0.05
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.09$0.00$1.09$1.39$1.50$0.11
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.22$0.00$1.21$1.37$1.39$0.02