Civic Intelligence

Montgomery County Economic Development Corporation

990 • Fiscal year 2018 • EIN 81-0717388

Jul 01, 2017 to Jun 30, 2018 • Filed on Nov 20, 2018

Organization ProfileWWW.THINKMOCO.COM

View Organization Page

1801 Rockville Pike No 320Rockville, MD 20852

(240) 641-6700

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.43x

Higher debt load relative to assets than 72% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

57th percentile

0.22x

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

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

26th percentile

-4.1%

Higher net margin than 26% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

89th percentile

$301,892

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 6.0% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

9th percentile

-11%

Faster asset growth than 9% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

68th percentile

12%

Faster revenue growth than 68% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets72nd percentile

Assets

Down

$2,590,515

Down $328,649 (-11%) from 2017

Net Assets

Down

$1,482,731

Down $207,079 (-12%) from 2017

Liabilities

Down

$1,107,784

Down $121,570 (-9.9%) from 2017

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin26th percentile

Revenue

Up

$5,030,563

Up $552,088 (+12%) from 2017

Expenses

Up

$5,237,642

Up $2,186,949 (+72%) from 2017

Net Income

Down

-$207,079

Down $1,634,861 (-115%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth9th percentile

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2016: $296,985Liabilities 2016: $34,957Net Assets 2016: $262,0282016Assets 2017: $2,919,164Liabilities 2017: $1,229,354Net Assets 2017: $1,689,8102017Assets 2018: $2,590,515Liabilities 2018: $1,107,784Net Assets 2018: $1,482,7312018Assets 2019: $3,221,806Liabilities 2019: $1,114,524Net Assets 2019: $2,107,2822019Assets 2020: $4,129,581Liabilities 2020: $1,002,038Net Assets 2020: $3,127,5432020Assets 2021: $7,174,281Liabilities 2021: $4,550,580Net Assets 2021: $2,623,7012021Assets 2022: $2,827,028Liabilities 2022: $1,164,608Net Assets 2022: $1,662,4202022Assets 2023: $4,619,671Liabilities 2023: $2,696,606Net Assets 2023: $1,923,0652023

Highlighted filing

2018

Assets$2,590,515
Liabilities$1,107,784
Net Assets$1,482,731
Open 2018 Filing

Operations Trend

Revenue Growth68th percentile

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

$30M$20M$10M$0-$10MRevenue 2016: $500,000Expenses 2016: $237,972Net Income 2016: $262,0282016Revenue 2017: $4,478,475Expenses 2017: $3,050,693Net Income 2017: $1,427,7822017Revenue 2018: $5,030,563Expenses 2018: $5,237,642Net Income 2018: -$207,0792018Revenue 2019: $5,109,698Expenses 2019: $4,485,147Net Income 2019: $624,5512019Revenue 2020: $7,128,842Expenses 2020: $6,108,581Net Income 2020: $1,020,2612020Revenue 2021: $21,976,364Expenses 2021: $22,480,206Net Income 2021: -$503,8422021Revenue 2022: $7,933,113Expenses 2022: $8,894,394Net Income 2022: -$961,2812022Revenue 2023: $7,205,268Expenses 2023: $6,944,623Net Income 2023: $260,6452023

Highlighted filing

2018

Revenue$5,030,563
Expenses$5,237,642
Net Income-$207,079
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Nov 20, 2018
Return Version
2017v2.3
Gross Receipts
$5,030,563
Mission and Program Overview

Mission

Marketing and business development to drive economic growth in montgomery county, maryland.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$181,373$1,334,832▲ $1,153,459
Land, Buildings, and Equipment, Net$912,923$817,676▼ $95,247
Savings and Temporary Cash Investments$851,072$351,829▼ $499,243
Accounts Receivable$744,479$60,510▼ $683,969
Intangible Assets$29,962$23,868▼ $6,094
Prepaid Expenses and Deferred Charges$199,355$1,800▼ $197,555
Total Assets$2,919,164$2,590,515▼ $328,649
Liabilities
Deferred Revenue$780,310$741,049▼ $39,261
Accounts Payable and Accrued Expenses$449,044$366,735▼ $82,309
Total Liabilities$1,229,354$1,107,784▼ $121,570
Net Assets / Fund Balance
Unrestricted Net Assets$1,689,810$1,482,731▼ $207,079
Total Net Assets Fund Balance$1,689,810$1,482,731▼ $207,079
Total Liabilities and Net Assets / Fund Balance$2,919,164$2,590,515▼ $328,649

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$732,226$124,413$856,639
Equipment$85,450$10,381$95,831
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David PetrPresident and CEOFT$250,000$51,892$301,892
Spiros BalntasDirector of Business RetentionFT$158,000-$158,000
Warren EllisVP of MarketingFT$145,000$5,539$150,539
Lynne BenzionDirector of Business RetentionFT$134,567$5,175$139,742
Sarah MilerDirector of Strategic InitiativesFT$135,000$1,125$136,125

Board Members and Trustees

NameTitle
Robert BuchananChair, Board of Directors
Robert BrewerVice Chair, Board of Directors
Gene SmithEx-officio Member, Board of Directors
Lily QiEx-officio Member, Board of Directors
Michael GillEx-officio Member, Board of Directors
Angela GrahamMember, Board of Directors
Carmen LarsenMember, Board of Directors
Ellie GilesMember, Board of Directors
James BradyMember, Board of Directors
Ron PaulMember, Board of Directors
S Tien WongMember, Board of Directors
Terry FordeMember, Board of Directors
Ola SageSecretary, Board of Directors
Sanjay RaiTreasurer, Board of Directors

Highest Paid Contractors

ContractorServicesLocationCompensation
Prim 1801 Rockville Pike LLCRent6700 ROCKLEDGE DRIVE SUITE 500A, Bethesda, MD 20817$178,593
522 Productions LLCVideo Production7111 KING STREET, Alexandria, VA 22314$169,360
Rp3 LLCPr Services7316 WISCONSIN AVE SUITE 450, Bethesda, MD 20814$126,412
Clark Concepts LLCSocial Media/web Support10 S ADAMS STREET, Rockville, MD 20850$118,308
Revenue and Support

Revenue Composition

Contributions and Grants
$4,908,187
Program Service Revenue
$0
Investment Income
$903
Other Revenue
$121,473
All Other Contributions
$437
Change in Net Assets
$-207,079

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,030,563
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-104,724
Total Revenue per Audited Statements
$4,925,839
Total Revenue per Form 990
$5,030,563
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,962,233
Salaries, Compensation, and Employee Benefits$2,275,409
Total Fundraising Expense$27,603
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,241,109$290,934$15,475$1,547,518
Advertising$1,004,618--$1,004,618
Current Officers, Directors, Trustees, and Key Employees$269,853$63,257$3,365$336,475
Occupancy$227,775$53,394$2,840$284,009
Other Employee Benefits$154,850$36,299$1,931$193,080
Fees for Services Other$68,609$123,343-$191,952
Payroll Taxes$124,269$29,130$1,549$154,948
Fees for Services Accounting-$101,868-$101,868
Depreciation Depletion$81,275$19,052$1,013$101,340
All Other Expenses$23,477$41,546-$65,023
Office Expenses$43,478$10,192$542$54,212
Other Expenses$36,429$8,540$454$45,423
Pension Plan Contributions$34,797$8,157$434$43,388
Travel$29,333--$29,333
Insurance-$22,380-$22,380
Fees for Services Legal-$13,389-$13,389
Total Functional Expenses$4,388,558$821,481$27,603$5,237,642

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$5,237,642
Total Expenses per Form 990$5,237,642
Total Expenses per Audited Statements$5,132,918
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-104,724
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
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 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, Section A, Line 2

“The following mcedc board members have a business relationship with each other: - dr. Sanjay rai-treasurer - robert g brewer, jr- board member - tien wong-board member - terry forde-vice-chair - ronald paul-board member - robert buchanan chair”

Form 990, Part VI, Section A, Line 7A

“The county executive appoints members to the board of directors. The county council confirms the appointments.”

Form 990, Part VI, Section B, Line 11B

“The return is prepared by the organization's auditors, and reviewed by its accounting partner, ceo and treasurer prior to filing. It is also provided to the board of directors.”

Form 990, Part VI, Section B, Line 12C

“Annually, each officer, director and committee member will complete a statement indicating whether they have any conflicts of interest or they or a family member does business with mcedc.”

Form 990, Part VI, Section B, Line 15

“The compensation of the president & ceo is based on comparable market data and is reviewed and approved by the board of directors.”

Form 990, Part VI, Section C, Line 19

“Mcedc's board of directors complies with the state of maryland's open meetings act. All meetings are properly noticed to the public, including a posting of meeting agendas and minutes on mcedc's website. The financial documents are available at the organizations office upon request.”

Filing and Contact Details

Filer

Filer Name
Montgomery County Economic Development C
EIN
81-0717388
Phone
2406416700
Address
1801 ROCKVILLE PIKE NO 320, ROCKVILLE, MD 20852

Signing Officer

Name
David Petr
Title
President and CEO
Phone
2406416700
Signed
2018-11-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David Petr
Formed
2015
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
11
Employees
22
Volunteers
0

Preparer

Firm
Cohnreznick Llp
Address
500 EAST PRATT STREET 4TH FLOOR, BALTIMORE, MD 21202
Preparer
Philip H Cornblatt
Phone
4107834900
Supplemental Narrative

Additional Explanations

Form 990 XII Line 2C

“Governance committee tasked with oversight of the organization's audit in 2016 and appointed to act as finance/audit committee. A finance and audit committee was established in july 2018.”

Financial Statement Notes

PART X, LINE 2:

“Pursuant to a letter of determination received from the internal revenue service (the "irs") on march 30, 2017, mcedc is exempt from federal income tax in accordance with section 501(c)(3) of the internal revenue code (the "irc"), except for income taxed on "unrelated business income," if any. The exemption is retroactive to mcedc's formation date of october 5, 2015. For the years ended june 30, 2018 and 2017, mcedc did not have any "unrelated business income" subject to income taxes; accordingly, no provision or benefit for income taxes has been recorded in the accompanying financial statements and the organization has not identified any uncertain tax positions that qualify for recognition or disclosure in notes to the financial statements. Mcedc is required to file and does file tax returns with the irs. While no tax returns of the organization are currently being examined by the irs, the 2016 and 2017 tax returns remain open for examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Expense reimbursement -121,473.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expense reimbursement -121,473.”

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IRS990/Desc0THE MONTGOMERY COUNTY ECONOMIC DEVELOPMENT CORPORATION (MCEDC) BRINGS A BIG AND BOLD APPROACH TO ACHIEVING GREATER ECONOMIC COMPETITIVENESS AND PROSPERITY ACROSS MONTGOMERY COUNTY, MD.A NONPROFIT ORGANIZATION WITH A FRESH PUBLIC/PRIVATE PERSPECTIVE, ENTREPRENEURIAL SPIRIT, AND PROACTIVE APPROACH TO ECONOMIC DEVELOPMENT, THE MCEDC IS FOCUSED ON MAXIMIZING MONTGOMERY COUNTY'S RICH DIVERSITY OF PEOPLE, TALENT AND MULTITUDE OF WORKFORCE AND BUSINESS EXPERTISE TO KEEP IT AT THE LEADING EDGE OF TODAY' S HYPER-COMPETITIVE ECONOMIC DEVELOPMENT ENVIRONMENT.CONTINUED ON SCHEDULE OCOMPRISED OF A HIGHLY TALENTED TEAM OF 11 VOTING AND 3 NON-VOTING BOARD MEMBERS, THE MCEDC IS COMMITTED TO UPHOLDING AND EXTENDING THE COUNTY'S VIBRANT COMMUNITY AND LEVERAGING THE ADVANTAGES IT BRINGS FOR THE FUTURE OF BUSINESS ACROSS THE REGION.
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IRS990/Form990PartVIISectionAGrp/PersonNm7OLA SAGE
IRS990/Form990PartVIISectionAGrp/PersonNm8ROBERT BREWER
IRS990/Form990PartVIISectionAGrp/PersonNm9ROBERT BUCHANAN
IRS990/Form990PartVIISectionAGrp/PersonNm10RON PAUL
IRS990/Form990PartVIISectionAGrp/PersonNm11S TIEN WONG
IRS990/Form990PartVIISectionAGrp/PersonNm12SANJAY RAI
IRS990/Form990PartVIISectionAGrp/PersonNm13TERRY FORDE
IRS990/Form990PartVIISectionAGrp/PersonNm14DAVID PETR
IRS990/Form990PartVIISectionAGrp/PersonNm15SPIROS BALNTAS
IRS990/Form990PartVIISectionAGrp/PersonNm16WARREN ELLIS
IRS990/Form990PartVIISectionAGrp/PersonNm17SARAH MILER
IRS990/Form990PartVIISectionAGrp/PersonNm18LYNNE BENZION
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt14296656
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt15158000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt16145000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17135000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18134567
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt3EX-OFFICIO MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt4MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt5EX-OFFICIO MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt6EX-OFFICIO MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt7SECRETARY, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt8VICE CHAIR, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt9CHAIR, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt10MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt12TREASURER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt13MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt14PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR OF BUSINESS RETENTION
IRS990/Form990PartVIISectionAGrp/TitleTxt16VP OF MARKETING
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR OF STRATEGIC INITIATIVES
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF BUSINESS RETENTION
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt04907750
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt05030563
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt05
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt022380
IRS990/InsuranceGrp/TotalAmt022380
IRS990/IntangibleAssetsGrp/BOYAmt029962
IRS990/IntangibleAssetsGrp/EOYAmt023868
IRS990/InvestmentIncomeGrp/ExclusionAmt0903
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0903
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0134794
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0912923
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0817676
IRS990/LandBldgEquipCostOrOtherBssAmt0952470
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd01
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MARKETING AND BUSINESS DEVELOPMENT TO DRIVE ECONOMIC GROWTH IN MONTGOMERY COUNTY, MARYLAND.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01689810
IRS990/NetAssetsOrFundBalancesEOYAmt01482731
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt02840
IRS990/OccupancyGrp/ManagementAndGeneralAmt053394
IRS990/OccupancyGrp/ProgramServicesAmt0227775
IRS990/OccupancyGrp/TotalAmt0284009
IRS990/OfficeExpensesGrp/FundraisingAmt0542
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010192
IRS990/OfficeExpensesGrp/ProgramServicesAmt043478
IRS990/OfficeExpensesGrp/TotalAmt054212
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt01931
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt036299
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0154850
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0193080
IRS990/OtherExpensesGrp/Desc0BUSINESS DEVELOPMENT
IRS990/OtherExpensesGrp/Desc1EVENTS/SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc2DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3TECHNOLOGY/EQUIPMENT
IRS990/OtherExpensesGrp/FundraisingAmt0454
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt08540
IRS990/OtherExpensesGrp/ProgramServicesAmt0559274
IRS990/OtherExpensesGrp/ProgramServicesAmt1344914
IRS990/OtherExpensesGrp/ProgramServicesAmt2144498
IRS990/OtherExpensesGrp/ProgramServicesAmt336429
IRS990/OtherExpensesGrp/TotalAmt0559274
IRS990/OtherExpensesGrp/TotalAmt1344914
IRS990/OtherExpensesGrp/TotalAmt2144498
IRS990/OtherExpensesGrp/TotalAmt345423
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0REIMBURSEMENT INCOME
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt0121473
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0121473
IRS990/OtherRevenueTotalAmt0121473
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt015475
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0290934
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01241109
IRS990/OtherSalariesAndWagesGrp/TotalAmt01547518
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt01549
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029130
IRS990/PayrollTaxesGrp/ProgramServicesAmt0124269
IRS990/PayrollTaxesGrp/TotalAmt0154948
IRS990/PensionPlanContributionsGrp/FundraisingAmt0434
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt08157
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt034797
IRS990/PensionPlanContributionsGrp/TotalAmt043388
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0199355
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt01800
IRS990/PrincipalOfficerNm0DAVID PETR
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04460343
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01123
IRS990/PYOtherExpensesAmt01775991
IRS990/PYOtherRevenueAmt017009
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt01427782
IRS990/PYSalariesCompEmpBnftPaidAmt01274702
IRS990/PYTotalExpensesAmt03050693
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt04478475
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-207079
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0121473
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0851072
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0351829
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0REIMBURSEMENT INCOME - 2016 AMOUNT: $ 17,009. 2017 AMOUNT: $ 121,473.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt04908187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04460343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0500000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt09868530
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0903
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01123
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02026
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt0121473
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt017009
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0138482
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt09868530
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt04908187
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04460343
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0500000

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Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,590,515
Liabilities
$1,107,784
Net assets
$1,482,731
Revenue
$5,030,563
Expenses
$5,237,642
Net income
-$207,079
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$4.62$2.70$1.92$7.21$6.94$0.26
2022Summary only. Only limited summary data is available for this year.$2.83$1.16$1.66$7.93$8.89$0.96
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.17$4.55$2.62$22.0$22.5$0.50
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.13$1.00$3.13$7.13$6.11$1.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.22$1.11$2.11$5.11$4.49$0.62
2018Detailed filing. Detailed filing data is available for this year.$2.59$1.11$1.48$5.03$5.24$0.21
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.92$1.23$1.69$4.48$3.05$1.43
2016Detailed filing. Detailed filing data is available for this year.$0.30$0.03$0.26$0.50$0.24$0.26