Civic Intelligence

Beloved Community Services Corporation

EIN 80-0192216 • 501(c)3 • Baltimore, MD

Profile

Beloved community services corporations mission is to provide the tools necessary to bridge the knowledge, economic, educational, digital, and political gap that causes many of the social issues that plague baltimore.

1219 Druid Hill AveBaltimore, MD 21217

belovedbaltimore.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

70th percentile

0.40x

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

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

86th percentile

1.54x

Higher debt load relative to revenue than 86% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

84th percentile

37%

Higher net margin than 84% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

20th percentile

$0

Higher top officer pay than 20% of similar nonprofits.

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

501(c)3 • $10M-$25M nonprofits • Source year 2022

Asset Growth

50th percentile

4.9%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

14th percentile

-18%

Faster revenue growth than 14% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Up

$13,205,091

Up $619,950 (+4.9%) from 2023

Liabilities

Down

$5,339,993

Down $660,954 (-11%) from 2023

Net Assets

Up

$7,865,098

Up $1,280,904 (+19%) from 2023

Revenue

Down

$3,470,885

Down $754,261 (-18%) from 2023

Expenses

Up

$2,189,981

Up $1,529,075 (+231%) from 2023

Net Income

Down

$1,280,904

Down $2,283,336 (-64%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$15M$10M$5.0M$0Assets 2019: $61,958Liabilities 2019: $0Net Assets 2019: $61,9582019Assets 2020: $474,010Liabilities 2020: $0Net Assets 2020: $474,0102020Assets 2021: $101,559Liabilities 2021: $0Net Assets 2021: $101,5592021Assets 2022: $10,888,165Liabilities 2022: $7,868,211Net Assets 2022: $3,019,9542022Assets 2023: $12,585,141Liabilities 2023: $6,000,947Net Assets 2023: $6,584,1942023Assets 2024: $13,205,091Liabilities 2024: $5,339,993Net Assets 2024: $7,865,0982024

Highlighted filing

2024

Assets$13,205,091
Liabilities$5,339,993
Net Assets$7,865,098

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2019: $102,824Expenses 2019: $122,847Net Income 2019: -$20,0232019Revenue 2020: $650,027Expenses 2020: $240,097Net Income 2020: $409,9302020Revenue 2021: $235,085Expenses 2021: $609,051Net Income 2021: -$373,9662021Revenue 2022: $3,692,596Expenses 2022: $1,267,355Net Income 2022: $2,425,2412022Revenue 2023: $4,225,146Expenses 2023: $660,906Net Income 2023: $3,564,2402023Revenue 2024: $3,470,885Expenses 2024: $2,189,981Net Income 2024: $1,280,9042024

Highlighted filing

2024

Revenue$3,470,885
Expenses$2,189,981
Net Income$1,280,904

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$3,470,885
Mission and Program Overview

Mission

Beloved community services corporations mission is to provide the tools necessary to bridge the knowledge, economic, educational, digital, and political gap that causes many of the social issues that plague baltimore.

Balance Sheet Detail
LineBeginningEndChange
Assets
Other Notes and Loans Receivable, Net$7,619,525$7,206,733▼ $412,792
Accounts Receivable$2,330,000$1,713,531▼ $616,469
Land, Buildings, and Equipment, Net$489,407$782,831▲ $293,424
Intangible Assets$702,297$696,898▼ $5,399
Pledges and Grants Receivable$131,061$500,000▲ $368,939
Cash and Non-Interest-Bearing Accounts$964,647$418,708▼ $545,939
Investments in Publicly Traded Securities$100,886--
Savings and Temporary Cash Investments$16,678$100,523▲ $83,845
Prepaid Expenses and Deferred Charges$3,342$1,645▼ $1,697
Total Assets$12,585,141$13,205,091▲ $619,950
Other Assets Total$227,298$1,784,222▲ $1,556,924
Liabilities
Mortgage Notes Payable Secured by Investment Property$5,028,707$3,476,454▼ $1,552,253
Unsecured Notes Loans Payable$937,830$1,779,697▲ $841,867
Other Liabilities$9,841$76,909▲ $67,068
Accounts Payable and Accrued Expenses$24,569$6,933▼ $17,636
Total Liabilities$6,000,947$5,339,993▼ $660,954
Net Assets / Fund Balance
Net Assets With Donor Restrictions$2,876,467$6,435,881▲ $3,559,414
Net Assets Without Donor Restrictions$3,707,727$1,429,217▼ $2,278,510
Total Net Assets Fund Balance$6,584,194$7,865,098▲ $1,280,904
Total Liabilities and Net Assets / Fund Balance$12,585,141$13,205,091▲ $619,950

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$403,437-$403,437
Buildings$234,161$10,074$244,235
Equipment$108,333$16,667$125,000
Land$36,900-$36,900
Other Assets Org$1,783,883--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
ALVIN HATHAWAY SrPresidentceoFT$145,451$145,451

Board Members and Trustees

NameTitle
Allen BurrusChair Personnel Committee
Granville TempletonVice President
Doug DesmaraisBoard Member
Dr Adaria SogborBoard Member
Dr Stephanie Flores KoulishBoard Member
Maurice HowellBoard Member
Nanette GoinsBoard Member
Sean CaineBoard Member
Marcia FlournoySecretary
Kathleen SetzerTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$2,999,160
Program Service Revenue
$325,274
Investment Income
$102,951
Other Revenue
$43,500
Change in Net Assets
$1,280,904
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,996,733
Salaries, Compensation, and Employee Benefits$193,248
Total Fundraising Expense$40,778
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$1,400,218$103,958$40,778$1,544,954
Interest-$173,425-$173,425
Current Officers, Directors, Trustees, and Key Employees$87,271$58,180-$145,451
Occupancy$36,693$55,613-$92,306
Advertising-$51,682-$51,682
Payroll Taxes$28,678$19,119-$47,797
Office Expenses-$38,659-$38,659
Fees for Services Accounting-$35,975-$35,975
Insurance$30,043$2,341-$32,384
Fees for Services Legal-$16,995-$16,995
Depreciation Depletion$5,772$806-$6,578
Fees for Services Other-$2,740-$2,740
Other Expenses-$660-$660
Information Technology-$375-$375
Total Functional Expenses$1,588,675$560,528$40,778$2,189,981
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Ps 103 Justi----
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Fiscal Sponsorship$50,000
Escrow$26,909
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Officer directors etc family relationship Part VI line 2

Kathleen setzer, treasurer, is the sister of dr. Alvin hathaway

Form 990 governing body review Part VI line 11

A draft of the form 990 was sent to the board members for review

Conflict of interest policy compliance Part VI line 12C

All members of the organization adhered to and stayed in compliance of the conflict of interest policy adopted. There were no issues of noncompliance.

Governing documents etc available to public Part VI line 19

Irs form 990 and the application for tax exemption are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Beloved Community Services Corporation
EIN
80-0192216
In Care Of
% ALVIN HATHAWAY
Phone
4105236880
Address
1219 DRUID HILL AVE, BALTIMORE, MD 21217

Signing Officer

Name
Alvin Hathaway
Title
President
Phone
4105236880
Signed
2025-11-14
Discuss with paid preparer
No

Organization Details

Principal Officer
ALVIN HATHAWAY Sr
Formed
2008
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
11
Employees
1

Preparer

Firm
Anderson & Company LLC
Address
10461 Mill Run Circle Ste 212, Owings Mills, MD 21117
Preparer
Antawan Anderson
Phone
4103639510
Supplemental Narrative

Additional Explanations

List of other expenses Part IX line 24E

Please see overflow statement

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