Civic Intelligence

Modern Financial Services Association of Alabama

990EZ • Fiscal year 2015 • EIN 80-0092953

Jan 01, 2015 to Dec 31, 2015 • Filed on Mar 28, 2016

Organization ProfileMODERNFINANCIALSERVICES.COM
10 Court SquareMontgomery, AL 36104

(334) 834-7400

Siviq Scores

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

Liabilities / Assets

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

47th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Net Margin

1st percentile

-446%

Higher net margin than 1% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Top Officer Pay

69th percentile

$0

Higher top officer pay than 69% of similar nonprofits.

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

2015 filings • 501(c)6 • <$500k nonprofits • Source year 2015

Asset Growth

2nd percentile

-72%

Faster asset growth than 2% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

2nd percentile

-75%

Faster revenue growth than 2% of similar nonprofits.

2015 filings • 501(c)6 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets47th percentile

Assets

Down

$10,705

Down $27,796 (-72%) from 2014

Net Assets

Down

$10,705

Down $27,796 (-72%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue47th percentileNet Margin1st percentile

Revenue

Down

$6,234

Down $18,462 (-75%) from 2014

Expenses

Up

$34,030

Up $33,033 (+3313%) from 2014

Net Income

Down

-$27,796

Down $51,495 (-217%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$40K$30K$20K$10K$0Assets 2011: $11,192Liabilities 2011: $02011Assets 2012: $5,542Liabilities 2012: $02012Assets 2013: $14,802Liabilities 2013: $02013Assets 2014: $38,501Liabilities 2014: $0Net Assets 2014: $38,5012014Assets 2015: $10,705Liabilities 2015: $0Net Assets 2015: $10,7052015Assets 2016: $5,593Liabilities 2016: $0Net Assets 2016: $5,5932016

Highlighted filing

2015

Assets$10,705
Liabilities$0
Net Assets$10,705
Open 2015 Filing

Operations Trend

Revenue Growth2nd percentile

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

$60K$40K$20K$0-$20K-$40KRevenue 2011: $41,533Expenses 2011: $45,979Net Income 2011: -$4,4462011Revenue 2012: $41,360Expenses 2012: $47,010Net Income 2012: -$5,6502012Revenue 2013: $43,849Expenses 2013: $34,589Net Income 2013: $9,2602013Revenue 2014: $24,696Expenses 2014: $997Net Income 2014: $23,6992014Revenue 2015: $6,234Expenses 2015: $34,030Net Income 2015: -$27,7962015Revenue 2016: $15,822Expenses 2016: $20,934Net Income 2016: -$5,1122016

Highlighted filing

2015

Revenue$6,234
Expenses$34,030
Net Income-$27,796
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Mar 28, 2016
Return Version
2015v2.1
Gross Receipts
$6,234
Mission and Program Overview

Mission

Business promotion in consumer finanical services industry.

Program Services

DescriptionGrantsExpenses
TO ASSIST AND PROMOTE BUSINESSES INVOLVED IN THE CONSUMER FINANCIAL SERVICES INDUSTRY, SPECIFICALLY THE DEFERRED PRESENTMENT SERVICES INDUSTRY.--
Compensation and Service Providers
Top Officer Pay69th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BUCK W WILSONPresident-$0--
ELISHA BROWNSecretary/Tr-$0--
JAY MCDUFFIEVice Preside-$0--
MEREDITH BROYLESBoard Member-$0--
ELAINE ENISBoard Member-$0--
PAUL GOLDMANBoard Member-$0--
LOUIS LEEBoard Member-$0--
Filing and Contact Details

Filer

Filer Name
Modern Financial Services
EIN
80-0092953
Phone
3348347400
Address
10 COURT SQUARE, MONTGOMERY, AL 36104

Signing Officer

Name
Buck W Wilson
Title
President
Phone
3348347400
Signed
2016-03-28
Discuss with paid preparer
Yes

Preparer

Firm
Brunsonwilkersonbowden & Assoc Pc
Address
PO BOX 311710, ENTERPRISE, AL 36331-1710
Preparer
Walt Wilkerson
Phone
3343479509
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses travel expenses 2,063 office expense 312 other expenses 565 total 2,940”

Raw XML Appendix107 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/AddressChangeInd0X
IRS990EZ/BooksInCareOfDetail/PersonNm0BUCK WILSON
IRS990EZ/BooksInCareOfDetail/PhoneNum02567711113
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010 COURT SQUARE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MONTGOMERY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0AL
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd036104
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt038501
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt010705
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-27796
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt031090
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt038501
IRS990EZ/Form990TotalAssetsGrp/EOYAmt010705
IRS990EZ/GrossReceiptsAmt06234
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt034
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt06200
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt038501
IRS990EZ/NetAssetsOrFundBalancesEOYAmt010705
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt038501
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt010705
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt4000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt5000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt6000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BUCK W WILSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ELISHA BROWN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAY MCDUFFIE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MEREDITH BROYLES
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4ELAINE ENIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5PAUL GOLDMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6LOUIS LEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6BOARD MEMBER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt02940
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0BUSINESS PROMOTION IN CONSUMER FINANICAL SERVICES INDUSTRY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TO ASSIST AND PROMOTE BUSINESSES INVOLVED IN THE CONSUMER FINANCIAL SERVICES INDUSTRY, SPECIFICALLY THE DEFERRED PRESENTMENT SERVICES INDUSTRY.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0AL
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt034030
IRS990EZ/TotalRevenueAmt06234
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0HTTP://MODERNFINANCIALSERVICES.COM
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES TRAVEL EXPENSES 2,063 OFFICE EXPENSE 312 OTHER EXPENSES 565 TOTAL 2,940
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0BUCK W WILSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum03348347400
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-03-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MODERN FINANCIAL SERVICES
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION OF ALABAMA
ReturnHeader/Filer/BusinessNameControlTxt0MODE
ReturnHeader/Filer/EIN0800092953
ReturnHeader/Filer/PhoneNum03348347400
ReturnHeader/Filer/USAddress/AddressLine1Txt010 COURT SQUARE
ReturnHeader/Filer/USAddress/CityNm0MONTGOMERY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0AL
ReturnHeader/Filer/USAddress/ZIPCd036104
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0630937137
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BRUNSONWILKERSONBOWDEN & ASSOC PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 311710
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ENTERPRISE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0AL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0363311710
ReturnHeader/PreparerPersonGrp/PhoneNum03343479509
ReturnHeader/PreparerPersonGrp/PreparationDt02016-03-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WALT WILKERSON
ReturnHeader/ReturnTs02016-04-13T13:46:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$10,705
Liabilities
$0
Net assets
$10,705
Revenue
$6,234
Expenses
$34,030
Net income
-$27,796
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2016Detailed filing. Detailed filing data is available for this year.$5.59$0.00$5.59$15.8$20.9$5.11
2015Detailed filing. Detailed filing data is available for this year.$10.7$0.00$10.7$6.23$34.0$27.8
2014Detailed filing. Detailed filing data is available for this year.$38.5$0.00$38.5$24.7$1.00$23.7
2013Summary only. Only limited summary data is available for this year.$14.8$0.00$43.8$34.6$9.26
2012Summary only. Only limited summary data is available for this year.$5.54$0.00$41.4$47.0$5.65
2011Summary only. Only limited summary data is available for this year.$11.2$0.00$41.5$46.0$4.45