Civic Intelligence

Business Technology Development Center Inc

990 • Fiscal year 2014 • EIN 72-1378435

Jan 01, 2014 to Dec 31, 2014 • Filed on Aug 17, 2015

515 Sparkman DrHuntsville, AL 35816-3417

(256) 704-6000

Siviq Scores

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

Liabilities / Assets

59th percentile

0.18x

Higher debt load relative to assets than 59% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

42nd percentile

0.08x

Higher debt load relative to revenue than 42% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

4th percentile

-70%

Higher net margin than 4% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

1st percentile

-91%

Faster asset growth than 1% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

41st percentile

0.6%

Faster revenue growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Down

$171,379

Down $1,659,013 (-91%) from 2013

Net Assets

Down

$139,686

Down $271,699 (-66%) from 2013

Liabilities

Down

$31,693

Down $1,387,314 (-98%) from 2013

Revenue

Up

$420,818

Up $2,359 (+0.6%) from 2013

Expenses

Up

$717,320

Up $237,600 (+50%) from 2013

Net Income

Down

-$296,502

Down $235,241 (-384%) from 2013

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0-$1.0MAssets 2010: $2,018,093Liabilities 2010: $1,393,063Net Assets 2010: $625,0302010Assets 2011: $1,944,721Liabilities 2011: $1,398,772Net Assets 2011: $545,9492011Assets 2012: $1,856,791Liabilities 2012: $1,384,145Net Assets 2012: $472,6462012Assets 2013: $1,830,392Liabilities 2013: $1,419,007Net Assets 2013: $411,3852013Assets 2014: $171,379Liabilities 2014: $31,693Net Assets 2014: $139,6862014Assets 2015: $154,371Liabilities 2015: $14,528Net Assets 2015: $139,8432015Assets 2016: $177,472Liabilities 2016: $23,011Net Assets 2016: $154,4612016Assets 2017: $167,654Liabilities 2017: $13,081Net Assets 2017: $154,5732017Assets 2018: $155,942Liabilities 2018: $9,569Net Assets 2018: $146,3732018Assets 2019: $367,237Liabilities 2019: $218,043Net Assets 2019: $149,1942019Assets 2020: $510,663Liabilities 2020: $320,692Net Assets 2020: $189,9712020Assets 2021: $529,836Liabilities 2021: $358,927Net Assets 2021: $170,9092021Assets 2022: $234,311Liabilities 2022: $200,001Net Assets 2022: $34,3102022Assets 2023: $167,761Liabilities 2023: $325,358Net Assets 2023: -$157,5972023Assets 2024: $154,805Liabilities 2024: $413,024Net Assets 2024: -$258,2192024

Highlighted filing

2014

Assets$171,379
Liabilities$31,693
Net Assets$139,686

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2010: $443,1332010Revenue 2011: $421,501Expenses 2011: $499,227Net Income 2011: -$77,7262011Expenses 2012: $474,1742012Revenue 2013: $418,459Expenses 2013: $479,720Net Income 2013: -$61,2612013Revenue 2014: $420,818Expenses 2014: $717,320Net Income 2014: -$296,5022014Revenue 2015: $304,106Expenses 2015: $303,949Net Income 2015: $1572015Revenue 2016: $240,988Expenses 2016: $226,370Net Income 2016: $14,6182016Revenue 2017: $215,940Expenses 2017: $216,055Net Income 2017: -$1152017Revenue 2018: $224,463Expenses 2018: $232,663Net Income 2018: -$8,2002018Revenue 2019: $363,215Expenses 2019: $360,394Net Income 2019: $2,8212019Revenue 2020: $402,166Expenses 2020: $361,389Net Income 2020: $40,7772020Revenue 2021: $336,438Expenses 2021: $355,500Net Income 2021: -$19,0622021Revenue 2022: $233,921Expenses 2022: $370,520Net Income 2022: -$136,5992022Revenue 2023: $157,011Expenses 2023: $348,918Net Income 2023: -$191,9072023Revenue 2024: $115,837Expenses 2024: $216,459Net Income 2024: -$100,6222024

Highlighted filing

2014

Revenue$420,818
Expenses$717,320
Net Income-$296,502
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Aug 17, 2015
Return Version
2014v5.0
Gross Receipts
$2,158,055
Mission and Program Overview

Mission

Incubator for small business development

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$31,396$114,230▲ $82,834
Accounts Receivable$641$21,691▲ $21,050
Land, Buildings, and Equipment, Net$1,788,378$1,633▼ $1,786,745
Investments in Publicly Traded Securities$8$8→ $0
Prepaid Expenses and Deferred Charges$4,520$-1,426▼ $5,946
Total Assets$1,830,392$171,379▼ $1,659,013
Other Assets Total$5,449$35,243▲ $29,794
Liabilities
Unsecured Notes Loans Payable$1,354,474--
Other Liabilities$39,047$27,158▼ $11,889
Accounts Payable and Accrued Expenses$25,486$4,535▼ $20,951
Total Liabilities$1,419,007$31,693▼ $1,387,314
Net Assets / Fund Balance
Unrestricted Net Assets$411,385$139,686▼ $271,699
Total Net Assets Fund Balance$411,385$139,686▼ $271,699
Total Liabilities and Net Assets / Fund Balance$1,830,392$171,379▼ $1,659,013

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$1,633$127,758$129,391
Other Assets Org$1,600--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$203,655
Program Service Revenue
$156,706
Investment Income
$-587,017
Other Revenue
$647,474
All Other Contributions
$89,505
Change in Net Assets
$-296,502
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$599,021
Salaries, Compensation, and Employee Benefits$118,299
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$54,188$18,063-$72,251
Other Salaries and Wages$46,922$15,641-$62,563
Other Expenses$61,559--$61,559
Interest$45,794$15,265-$61,059
Depreciation Depletion$49,510--$49,510
Comp Disqual Persons$31,648$10,549-$42,197
Payments to Affiliates$23,400--$23,400
Insurance$6,866$2,288-$9,154
Payroll Taxes$5,107$1,702-$6,809
Fees for Services Accounting$5,084$1,695-$6,779
Other Employee Benefits$5,048$1,682-$6,730
Office Expenses$4,501$1,154-$5,655
Fees for Services Legal$3,319$1,107-$4,426
Fees for Services Other$1,500$500-$2,000
Advertising$1,500$500-$2,000
Information Technology$1,155$385-$1,540
Conferences and Meetings$766$255-$1,021
Travel$527$175-$702
Total Functional Expenses$646,359$70,961$0$717,320
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Expenses$20,264
Rent Deposits$9,085
Due to Silvercrest$770
Unearned Program Revenue-
Employee Payable-
Payroll Liabilities-
Accrued Interest Payable$-2,961
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

Return reviewed by operations director and signing officer/board member.

Form 990, Page 6, Part VI, Line 15A

Board members consist of business leaders from the community. Salaries are based on their personal experience and are all approved by the board each year.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
Business Technology Development
EIN
72-1378435
Address
515 SPARKMAN DR, HUNTSVILLE, AL 35816-3417

Signing Officer

Name
Robert Ludwig
Title
Interim Executive Director
Signed
2015-08-17

Organization Details

Principal Officer
Robert Ludwig
Formed
1997
Legal Domicile
Al
Voting Board Members
16
Independent Board Members
16
Employees
6

Preparer

Firm
Bruce W Perry CPA Pc
Address
120 HOLMES AVE STE 305, HUNTSVILLE, AL 35801
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

THE VIBE 24,803

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IRS990/PayrollTaxesGrp/ProgramServicesAmt05107
IRS990/PayrollTaxesGrp/TotalAmt06809
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt04520
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0-1426
IRS990/PrincipalOfficerNm0ROBERT LUDWIG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0CLIENT INCOME
IRS990/ProgramServiceRevenueGrp/Desc1CLIENT LIQUIDITY EVENT
IRS990/ProgramServiceRevenueGrp/Desc2CONFERENCE ROOM RENTAL
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0154364
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt11786
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2556
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0154364
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt11786
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2556
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0283950
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt07533
IRS990/PYOtherExpensesAmt0265473
IRS990/PYOtherRevenueAmt0235
IRS990/PYProgramServiceRevenueAmt0126741
IRS990/PYRevenuesLessExpensesAmt0-61261
IRS990/PYSalariesCompEmpBnftPaidAmt0214247
IRS990/PYTotalExpensesAmt0479720
IRS990/PYTotalRevenueAmt0418459
IRS990/ReconcilationRevenueExpnssAmt0-296502
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0156150
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt06,354
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt12008: 313 2009: 1002 2010: 3297 2011: 2872 2012: 185
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1SUPPLEMENTAL INFORMATION
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0203655
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0283950
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0247750
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0207968
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0145063
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01088386
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0149305
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0210661
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0194529
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0554495
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0804745
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt0185
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt02872
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt03297
IRS990ScheduleA/OtherIncome170Grp/TotalAmt06354
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.65990
IRS990ScheduleA/PublicSupportPY170Pct00.56710
IRS990ScheduleA/PublicSupportTotal170Amt01088386
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0203655
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0283950
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0247750
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0207968
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0145063
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01088386
IRS990ScheduleA/TotalSupportAmt01649235
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt01633
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0127758
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0129391
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt029481
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt14162
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt21600
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0INVESTMENT IN RELATED PARTY
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1RENT DEFERRALS
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt020264
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt19085
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt2770
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt3-2961
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1RENT DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2DUE TO SILVERCREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED INTEREST PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc4UNEARNED PROGRAM REVENUE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc5EMPLOYEE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc6PAYROLL LIABILITIES
IRS990ScheduleD/TotalBookValueLandBuildingsAmt01633
IRS990ScheduleD/TotalBookValueOtherAssetsAmt035243
IRS990ScheduleD/TotalLiabilityAmt027158
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0RETURN REVIEWED BY OPERATIONS DIRECTOR AND SIGNING OFFICER/BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1BOARD MEMBERS CONSIST OF BUSINESS LEADERS FROM THE COMMUNITY. SALARIES ARE BASED ON THEIR PERSONAL EXPERIENCE AND ARE ALL APPROVED BY THE BOARD EACH YEAR.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE VIBE 24,803
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01830392
IRS990/TotalAssetsEOYAmt0171379
IRS990/TotalAssetsGrp/BOYAmt01830392
IRS990/TotalAssetsGrp/EOYAmt0171379
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0203655
IRS990/TotalEmployeeCnt06
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt070961
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0646359
IRS990/TotalFunctionalExpensesGrp/TotalAmt0717320
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01419007
IRS990/TotalLiabilitiesEOYAmt031693
IRS990/TotalLiabilitiesGrp/BOYAmt01419007
IRS990/TotalLiabilitiesGrp/EOYAmt031693
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0411385
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0139686
IRS990/TotalProgramServiceExpensesAmt0646359
IRS990/TotalProgramServiceRevenueAmt0156706
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0217163
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0420818
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01830392
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0171379
IRS990/TravelGrp/ManagementAndGeneralAmt0175

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.15$0.41$0.26$0.12$0.22$0.10
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.17$0.33$0.16$0.16$0.35$0.19
2022Detailed filing. Detailed filing data is available for this year.$0.23$0.20$0.03$0.23$0.37$0.14
2021Detailed filing. Detailed filing data is available for this year.$0.53$0.36$0.17$0.34$0.36$0.02
2020Detailed filing. Detailed filing data is available for this year.$0.51$0.32$0.19$0.40$0.36$0.04
2019Detailed filing. Detailed filing data is available for this year.$0.37$0.22$0.15$0.36$0.36$0.00
2018Detailed filing. Detailed filing data is available for this year.$0.16$0.01$0.15$0.22$0.23$0.01
2017Detailed filing. Detailed filing data is available for this year.$0.17$0.01$0.15$0.22$0.22$0.00
2016Detailed filing. Detailed filing data is available for this year.$0.18$0.02$0.15$0.24$0.23$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.15$0.01$0.14$0.30$0.30$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.03$0.14$0.42$0.72$0.30
2013Detailed filing. Detailed filing data is available for this year.$1.83$1.42$0.41$0.42$0.48$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.86$1.38$0.47$0.47
2011Summary only. Only limited summary data is available for this year.$1.94$1.40$0.55$0.42$0.50$0.08
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$1.39$0.63$0.44