Civic Intelligence

Houston Marathon Committee

990 • Fiscal year 2019 • EIN 76-0040848

May 01, 2018 to Apr 30, 2019 • Filed on Jan 30, 2020

720 N Post Oak RdHouston, TX 77024

(713) 957-3453

Siviq Scores

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

Liabilities / Assets

70th percentile

0.35x

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

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

53rd percentile

0.21x

Higher debt load relative to revenue than 53% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Net Margin

45th percentile

4.3%

Higher net margin than 45% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

70th percentile

$178,251

Higher top officer pay than 70% of similar nonprofits.

Top officer pay equals 2.8% of source-year revenue.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Source year 2019

Asset Growth

36th percentile

0.5%

Faster asset growth than 36% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

59th percentile

5.6%

Faster revenue growth than 59% of similar nonprofits.

2019 filings • 501(c)4 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$3,855,087

Up $18,056 (+0.5%) from 2018

Net Assets

Up

$2,508,609

Up $300,757 (+14%) from 2018

Liabilities

Down

$1,346,478

Down $282,701 (-17%) from 2018

Revenue

Up

$6,388,774

Up $338,077 (+5.6%) from 2018

Expenses

Down

$6,111,891

Down $69,486 (-1.1%) from 2018

Net Income

Up

$276,883

Up $407,563 (+312%) from 2018

Historical Trend

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0Assets 2011: $1,782,273Liabilities 2011: $2,335Net Assets 2011: $1,779,9382011Assets 2012: $1,838,436Liabilities 2012: $929Net Assets 2012: $1,837,5072012Assets 2013: $2,395,337Liabilities 2013: $0Net Assets 2013: $2,395,3372013Assets 2014: $2,235,676Liabilities 2014: $0Net Assets 2014: $2,235,6762014Assets 2015: $3,673,937Liabilities 2015: $1,280,659Net Assets 2015: $2,393,2782015Assets 2016: $3,747,468Liabilities 2016: $1,343,770Net Assets 2016: $2,403,6982016Assets 2017: $3,606,098Liabilities 2017: $1,333,863Net Assets 2017: $2,272,2352017Assets 2018: $3,837,031Liabilities 2018: $1,629,179Net Assets 2018: $2,207,8522018Assets 2019: $3,855,087Liabilities 2019: $1,346,478Net Assets 2019: $2,508,6092019Assets 2020: $3,692,596Liabilities 2020: $1,385,956Net Assets 2020: $2,306,6402020Assets 2021: $2,748,219Liabilities 2021: $1,161,006Net Assets 2021: $1,587,2132021Assets 2022: $3,423,788Liabilities 2022: $1,297,365Net Assets 2022: $2,126,4232022Assets 2023: $3,673,419Liabilities 2023: $1,008,005Net Assets 2023: $2,665,4142023Assets 2025: $4,846,860Liabilities 2025: $1,404,306Net Assets 2025: $3,442,5542025

Highlighted filing

2019

Assets$3,855,087
Liabilities$1,346,478
Net Assets$2,508,609

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2011: $4,165,507Expenses 2011: $3,686,652Net Income 2011: $478,8552011Revenue 2012: $6,566,620Expenses 2012: $6,508,122Net Income 2012: $58,4982012Revenue 2013: $5,122,038Expenses 2013: $4,549,127Net Income 2013: $572,9112013Revenue 2014: $7,027,918Expenses 2014: $5,465,459Net Income 2014: $1,562,4592014Revenue 2015: $5,555,891Expenses 2015: $5,398,289Net Income 2015: $157,6022015Revenue 2016: $5,883,750Expenses 2016: $5,873,330Net Income 2016: $10,4202016Revenue 2017: $5,894,507Expenses 2017: $6,025,970Net Income 2017: -$131,4632017Revenue 2018: $6,050,697Expenses 2018: $6,181,377Net Income 2018: -$130,6802018Revenue 2019: $6,388,774Expenses 2019: $6,111,891Net Income 2019: $276,8832019Revenue 2020: $6,431,692Expenses 2020: $6,601,556Net Income 2020: -$169,8642020Revenue 2021: $1,760,512Expenses 2021: $2,501,557Net Income 2021: -$741,0452021Revenue 2022: $6,041,457Expenses 2022: $5,422,436Net Income 2022: $619,0212022Revenue 2023: $6,502,889Expenses 2023: $5,972,982Net Income 2023: $529,9072023Revenue 2025: $7,357,824Expenses 2025: $7,077,298Net Income 2025: $280,5262025

Highlighted filing

2019

Revenue$6,388,774
Expenses$6,111,891
Net Income$276,883
Jump To
Filing Snapshot
Filing Period
May 1, 2018 to Apr 30, 2019
Signed
Jan 30, 2020
Return Version
2018v3.1
Gross Receipts
$6,663,585
Mission and Program Overview

Mission

Promote health through long-distance running. Organize, promote, and sponsor the Houston Marathon, the Houston Half-Marathon, and a 5k race. Three great races for an annual event.

Organize and sponsor an annual running event that includes the Houston Marathon, the Houston Half-Marathon, and a 5k race.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$2,251,602$1,840,160▼ $411,442
Investments in Publicly Traded Securities$1,210,283$1,492,033▲ $281,750
Cash and Non-Interest-Bearing Accounts$277,637$364,355▲ $86,718
Accounts Receivable$59,203$112,501▲ $53,298
Prepaid Expenses and Deferred Charges$38,306$46,038▲ $7,732
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-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,837,031$3,855,087▲ $18,056
Other Assets Total-$0-
Liabilities
Deferred Revenue$1,603,598$1,327,292▼ $276,306
Accounts Payable and Accrued Expenses$25,581$19,186▼ $6,395
Total Liabilities$1,629,179$1,346,478▼ $282,701
Net Assets / Fund Balance
Unrestricted Net Assets$2,207,852$2,508,609▲ $300,757
Total Net Assets Fund Balance$2,207,852$2,508,609▲ $300,757
Total Liabilities and Net Assets / Fund Balance$3,837,031$3,855,087▲ $18,056
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Wade MoreheadExecutive DirectorFT$162,166$16,085$178,251
Carly CaulfieldCOOFT$112,093$13,378$125,471
Erin McGowanManaging DirectorFT$108,540$13,324$121,864

Board Members and Trustees

NameTitle
Brant KotchPresident
Stan CoburnVice President
Elijio SerranoDirector
Maddie BunchDirector
Marianne GoochDirector
Mike AtkinsDirector
Subbu VenkatDirector
Lisa Foronda HarperSecretary
Charles BassTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
City of HoustonStaff and resources901 Bagby, Houston, TX 77002$376,360
TrademarksPromotion services11333 Todd Street, Houston, TX 77055$213,645
Network ApplicationsResults/timing tech8 Malm Road, North Redding, MA 01864$197,718
KTRK TelevisionBroadcast Svc/AdvertPO Box 732384, Dallas, TX 75373-2384$187,734
DSS Direct Scaffolding & SeatingEquipment services6059 S Loop E, Houston, TX 77087$133,894
Revenue and Support

Revenue Composition

Contributions and Grants
$1,837,763
Program Service Revenue
$4,500,458
Investment Income
$50,553
Other Revenue
$0
All Other Contributions
$1,837,763
Change in Net Assets
$276,883

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
No
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Clothing and Household Goods-$339,750Fair Market Value (FMV)
Food Inventory2$111,800Fair Market Value (FMV)
Other Non Cash Contri Table1$15,000Cost
Other Non Cash Contri Table1$10,800Cost
Other Non Cash Contri Table1$7,833Cost
Total Noncash Contributions5$485,183-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,913,320
Salaries, Compensation, and Employee Benefits$1,198,571
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$698,118--$698,118
Other Expenses$526,676--$526,676
Advertising$500,747--$500,747
All Other Expenses$470,179--$470,179
Current Officers, Directors, Trustees, and Key Employees$324,056--$324,056
Occupancy$169,066--$169,066
Insurance$101,398--$101,398
Payroll Taxes$79,810--$79,810
Other Employee Benefits$74,214--$74,214
Office Expenses$58,634--$58,634
Travel$49,536--$49,536
Information Technology$29,557--$29,557
Pension Plan Contributions$22,373--$22,373
Fees for Services Other$16,986--$16,986
Conferences and Meetings$6,892--$6,892
Fees for Service Investment Mgmnt Fees$4,951--$4,951
Fees for Services Legal$4,060--$4,060
Fees for Services Accounting$1,841--$1,841
Total Functional Expenses$6,111,891$0$0$6,111,891
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
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-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
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 1A: Explanation of Delegated Broad Authority to Committee

The full board of the Houston Marathon Committee meets on a bi-monthly basis. The three member executive committee meets monthly. Minutes are kept for the executive committee and distributed to the full board. All decisions made by the executive committee are reviewed by the full board at the next board meeting.

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

The Executive Director, Director of Legal Affairs and Treasurer review the return prior to filing.

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

The Houston Marathon Committee provides a handbook to each employee which contains information about the organization's conflict of interest policy and asks them to read it thoroughly. Employees are required to sign to acknowledge receipt of the handbooks. This process is repeated when updates are made to the handbook. When persons join the Board of Directors, they are also required to sign and to disclose any of their conflicts.

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

The Houston Marathon Committee has an Executive Director's compensation is determined by the Human Resources Committee of the Board of Directors. This four-person committee annually reviews the budget and the economic and business conditions of the Houston area and makes a compensation recommendation to the full Board for the Executive Director. The Board of Directors votes on the compensation recommendation.

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

Compensation for all other officers and employees is also determined by the Human Resources Committee of the Board of Directors based on recommendations of the Houston Marathon Committee's Executive Director. This is done during the annual budget process.

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

Required documents and financial statements are available at the Houston Marathon Committee's offices for public inquiries.

Filing and Contact Details

Filer

Filer Name
Houston Marathon Committee
EIN
76-0040848
Phone
7139573453
Address
720 N Post Oak Rd, Houston, TX 77024

Signing Officer

Name
Charles Bass
Title
Treasurer
Signed
2020-01-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Brant Kotch
Formed
1973
Legal Domicile
TX
Voting Board Members
9
Independent Board Members
9
Employees
18
Volunteers
7,500

Preparer

Firm
Blazek & Vetterling
Address
2900 Weslayan Suite 200, Houston, TX 77027-5132
Preparer
Barbara Murphy
Phone
7134395739
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Functional Expenses

All employees are leased from Paychex. HMC has reported the amounts paid to Paychex on the appropriate expense lines (e.g. salaries, payroll taxes, etc.) in accordance with the 990 instructions and for transparency.

Form 990, Part V, Line 2B

HMC has an employee lease agreement with Paychex. HMC reimburses Paychex for employee and related expenses. Paychex files all Forms W-2 for the leased employees.

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IRS990/Form990PartVIISectionAGrp/PersonNm7Marianne Gooch
IRS990/Form990PartVIISectionAGrp/PersonNm8Subbu Venkat
IRS990/Form990PartVIISectionAGrp/PersonNm9Wade Morehead
IRS990/Form990PartVIISectionAGrp/PersonNm10Carly Caulfield
IRS990/Form990PartVIISectionAGrp/PersonNm11Erin McGowan
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8Director
IRS990/Form990PartVIISectionAGrp/TitleTxt9Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt10COO
IRS990/Form990PartVIISectionAGrp/TitleTxt11Managing Dir.
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IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
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IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0Promote health through long-distance running. Organize, promote, and sponsor the Houston Marathon, the Houston Half-Marathon, and a 5k race. Three great races for an annual event.
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IRS990/MoreThan5000KToOrgInd0false
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IRS990/NetAssetsOrFundBalancesEOYAmt02508609
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IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt023874
IRS990/NoncashContributionsAmt0485183
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0true
IRS990/OccupancyGrp/ProgramServicesAmt0169066
IRS990/OccupancyGrp/TotalAmt0169066
IRS990/OfficeExpensesGrp/ProgramServicesAmt058634
IRS990/OfficeExpensesGrp/TotalAmt058634
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt074214
IRS990/OtherEmployeeBenefitsGrp/TotalAmt074214
IRS990/OtherExpensesGrp/Desc0Race Course Expenses
IRS990/OtherExpensesGrp/Desc1Runner & Runner Program exp
IRS990/OtherExpensesGrp/Desc2Elite Athlete Program
IRS990/OtherExpensesGrp/Desc3Convention Center & Expo
IRS990/OtherExpensesGrp/ProgramServicesAmt01280266
IRS990/OtherExpensesGrp/ProgramServicesAmt1893094
IRS990/OtherExpensesGrp/ProgramServicesAmt2799437
IRS990/OtherExpensesGrp/ProgramServicesAmt3526676
IRS990/OtherExpensesGrp/TotalAmt01280266
IRS990/OtherExpensesGrp/TotalAmt1893094
IRS990/OtherExpensesGrp/TotalAmt2799437
IRS990/OtherExpensesGrp/TotalAmt3526676
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IRS990/OtherSalariesAndWagesGrp/TotalAmt0698118
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
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IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayrollTaxesGrp/ProgramServicesAmt079810
IRS990/PayrollTaxesGrp/TotalAmt079810
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt022373
IRS990/PensionPlanContributionsGrp/TotalAmt022373
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt038306
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt046038
IRS990/PrincipalOfficerNm0Brant Kotch
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IRS990/ProgramServiceRevenueGrp/BusinessCd2713990
IRS990/ProgramServiceRevenueGrp/Desc0Other service fees
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IRS990/ProgramServiceRevenueGrp/Desc2Race Expo Fees
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt14079194
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2213964
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt14079194
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2213964
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IRS990/PYInvestmentIncomeAmt0113265
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IRS990/PYProgramServiceRevenueAmt04045601
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IRS990/PYSalariesCompEmpBnftPaidAmt01155789
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IRS990/PYTotalRevenueAmt06050697
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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IRS990/RelatedOrganizationCtrlEntInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
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IRS990/SavingsAndTempCashInvstGrp/EOYAmt01840160
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990ScheduleJ/RebuttablePresumptionProcInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0162166
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt07300
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt08785
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0Wade Morehead

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$1.40$3.44$7.36$7.08$0.28
2023Summary only. Only limited summary data is available for this year.$3.67$1.01$2.67$6.50$5.97$0.53
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.42$1.30$2.13$6.04$5.42$0.62
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.75$1.16$1.59$1.76$2.50$0.74
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.69$1.39$2.31$6.43$6.60$0.17
2019Detailed filing. Detailed filing data is available for this year.$3.86$1.35$2.51$6.39$6.11$0.28
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.84$1.63$2.21$6.05$6.18$0.13
2017Summary only. Only limited summary data is available for this year.$3.61$1.33$2.27$5.89$6.03$0.13
2016Summary only. Only limited summary data is available for this year.$3.75$1.34$2.40$5.88$5.87$0.01
2015Detailed filing. Detailed filing data is available for this year.$3.67$1.28$2.39$5.56$5.40$0.16
2014Summary only. Only limited summary data is available for this year.$2.24$0.00$2.24$7.03$5.47$1.56
2013Summary only. Only limited summary data is available for this year.$2.40$0.00$2.40$5.12$4.55$0.57
2012Summary only. Only limited summary data is available for this year.$1.84$0.00$1.84$6.57$6.51$0.06
2011Summary only. Only limited summary data is available for this year.$1.78$0.00$1.78$4.17$3.69$0.48
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2019 filings • 501(c)4 • $5M-$10M nonprofits