Civic Intelligence

Montgomery County Economic Development Corporation

990 • Fiscal year 2019 • EIN 81-0717388

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 20, 2019

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

68th percentile

0.35x

Higher debt load relative to assets than 68% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.22x

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

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

70th percentile

12%

Higher net margin than 70% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

89th percentile

$311,909

Higher top officer pay than 89% of similar nonprofits.

Top officer pay equals 6.1% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

85th percentile

24%

Faster asset growth than 85% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

43rd percentile

1.6%

Faster revenue growth than 43% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets68th percentile

Assets

Up

$3,221,806

Up $631,291 (+24%) from 2018

Net Assets

Up

$2,107,282

Up $624,551 (+42%) from 2018

Liabilities

Up

$1,114,524

Up $6,740 (+0.6%) from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin70th percentile

Revenue

Up

$5,109,698

Up $79,135 (+1.6%) from 2018

Expenses

Down

$4,485,147

Down $752,495 (-14%) from 2018

Net Income

Up

$624,551

Up $831,630 (+402%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth85th 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

2019

Assets$3,221,806
Liabilities$1,114,524
Net Assets$2,107,282
Open 2019 Filing

Operations Trend

Revenue Growth43rd 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

2019

Revenue$5,109,698
Expenses$4,485,147
Net Income$624,551
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 20, 2019
Return Version
2018v3.1
Gross Receipts
$5,109,698
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$1,334,832$2,075,536▲ $740,704
Land, Buildings, and Equipment, Net$817,676$722,427▼ $95,249
Savings and Temporary Cash Investments$351,829$353,313▲ $1,484
Prepaid Expenses and Deferred Charges$1,800$27,082▲ $25,282
Accounts Receivable$60,510$25,674▼ $34,836
Intangible Assets$23,868$17,774▼ $6,094
Total Assets$2,590,515$3,221,806▲ $631,291
Liabilities
Deferred Revenue$741,049$693,330▼ $47,719
Accounts Payable and Accrued Expenses$366,735$421,194▲ $54,459
Total Liabilities$1,107,784$1,114,524▲ $6,740
Net Assets / Fund Balance
Unrestricted Net Assets$1,482,731$2,057,282▲ $574,551
Temporarily Rstr Net Assets-$50,000-
Total Net Assets Fund Balance$1,482,731$2,107,282▲ $624,551
Total Liabilities and Net Assets / Fund Balance$2,590,515$3,221,806▲ $631,291

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$646,562$210,077$856,639
Equipment$75,865$19,965$95,830
Compensation and Service Providers
Top Officer Pay89th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
David PetrPresident and CEOFT$250,000$61,909$311,909
Spiros BalntasDirector of Business AttractionFT$158,403$6,027$164,430
Warren EllisVP of MarketingFT$147,436$11,507$158,943
Sarah MillerVP of StrategyFT$140,451$12,073$152,524
Lynne BenzionDirector of Business RetentionFT$127,431$16,881$144,312
Stacey HardyVP of OperationsFT$123,522$8,223$131,745

Board Members and Trustees

NameTitle
Robert BuchananBoard Chair
Robert G Brewer JrVice Chair
Dr Sanjay RaiBoard Member
Ronald PaulBoard Member
S Tien WongBoard Member
Terry FordeBoard Member
Andrew FriedsonEx-officio Member, Board of Directors
Gene SmithEx-officio Member, Board of Directors
Jerome FletcherEx-officio Member, Board of Directors
Lily QiEx-officio Member, Board of Directors
Michael GillEx-officio Member, Board of Directors
Angela GrahamMember, Board of Directors
Ben WuMember, Board of Directors
Carmen LarsenMember, Board of Directors
Ellie GilesMember, Board of Directors
James BradyMember, Board of Directors
Ola SageSecretary, Board of Directors

Highest Paid Contractors

ContractorServicesLocationCompensation
522 Productions LLCVideo Production7111 KING STREET, Alexandria, VA 22314$175,990
Revenue and Support

Revenue Composition

Contributions and Grants
$4,982,634
Program Service Revenue
$125,115
Investment Income
$1,949
Other Revenue
$0
Change in Net Assets
$624,551

Audited Revenue Reconciliation

Revenue per Audited Statements
$5,109,698
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-122,652
Total Revenue per Audited Statements
$4,987,046
Total Revenue per Form 990
$5,109,698
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$2,533,274
Other Expenses$1,951,873
Total Fundraising Expense$37,983
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,452,265$393,414$4,811$1,850,490
Advertising$487,923--$487,923
Occupancy$246,568$66,795$817$314,180
Current Officers, Directors, Trustees, and Key Employees$216,157$58,555$716$275,428
All Other Expenses$180,899$30,251$189$211,339
Other Employee Benefits$160,972$43,607$533$205,112
Payroll Taxes$107,062$29,003$355$136,420
Other Expenses$124,000-$30,003$124,000
Depreciation Depletion$79,533$21,545$263$101,341
Fees for Services Other-$87,441-$87,441
Fees for Services Accounting-$73,753-$73,753
Pension Plan Contributions$51,659$13,994$171$65,824
Travel$52,297--$52,297
Office Expenses$37,761$10,229$125$48,115
Insurance-$13,693-$13,693
Fees for Services Legal-$13,463-$13,463
Total Functional Expenses$3,591,421$855,743$37,983$4,485,147

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,485,147
Total Expenses per Form 990$4,485,147
Total Expenses per Audited Statements$4,362,495
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$-122,652
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-board member - robert g brewer, jr- vice chair - tien wong-board member - terry forde-board memeber - ronald paul-board member - robert buchanan-board chair - angela graham-board member - ola sage-board member”

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
CEO
Phone
2406416700
Signed
2019-08-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Ben Wu
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, 2019 and 2018, 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 the 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, tax returns since 2016 remain open for examination.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Expense reimbursement -125,115.”

PART XII, LINE 2D - OTHER ADJUSTMENTS:

“Expense reimbursement -125,115.”

Raw XML AppendixShowing 400 of 650 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.

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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/PersonNm1ANGELA GRAHAM
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IRS990/Form990PartVIISectionAGrp/PersonNm21STACEY HARDY
IRS990/Form990PartVIISectionAGrp/PersonNm22WARREN ELLIS
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/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt17296989
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt18127431
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt19140451
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20158403
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt21123522
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt22147436
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/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/TitleTxt0EX-OFFICIO MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt2MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt3MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt4EX-OFFICIO MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt5MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt6EX-OFFICIO MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt7EX-OFFICIO MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt8EX-OFFICIO MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16MEMBER, BOARD OF DIRECTORS
IRS990/Form990PartVIISectionAGrp/TitleTxt17PRESIDENT AND CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR OF BUSINESS RETENTION
IRS990/Form990PartVIISectionAGrp/TitleTxt19VP OF STRATEGY
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR OF BUSINESS ATTRACTION
IRS990/Form990PartVIISectionAGrp/TitleTxt21VP OF OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt22VP OF MARKETING
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr02015
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GovernmentGrantsAmt04982634
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd01
IRS990/GrossReceiptsAmt05109698
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt06
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt013693
IRS990/InsuranceGrp/TotalAmt013693
IRS990/IntangibleAssetsGrp/BOYAmt023868
IRS990/IntangibleAssetsGrp/EOYAmt017774
IRS990/InvestmentIncomeGrp/ExclusionAmt01949
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt01949
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt030
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0230042
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0817676
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0722427
IRS990/LandBldgEquipCostOrOtherBssAmt0952469
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/NetAssetsOrFundBalancesBOYAmt01482731
IRS990/NetAssetsOrFundBalancesEOYAmt02107282
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/FundraisingAmt0817
IRS990/OccupancyGrp/ManagementAndGeneralAmt066795
IRS990/OccupancyGrp/ProgramServicesAmt0246568
IRS990/OccupancyGrp/TotalAmt0314180
IRS990/OfficeExpensesGrp/FundraisingAmt0125
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt010229
IRS990/OfficeExpensesGrp/ProgramServicesAmt037761
IRS990/OfficeExpensesGrp/TotalAmt048115
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/FundraisingAmt0533
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt043607
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0160972
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0205112
IRS990/OtherExpensesGrp/Desc0EVENTS/SPONSORSHIPS
IRS990/OtherExpensesGrp/Desc1DUES AND SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc2GOAL
IRS990/OtherExpensesGrp/Desc3STRATEGIC INITIATIVES
IRS990/OtherExpensesGrp/FundraisingAmt030003
IRS990/OtherExpensesGrp/ProgramServicesAmt0148581
IRS990/OtherExpensesGrp/ProgramServicesAmt1140432
IRS990/OtherExpensesGrp/ProgramServicesAmt2105312
IRS990/OtherExpensesGrp/ProgramServicesAmt3124000
IRS990/OtherExpensesGrp/TotalAmt0148581
IRS990/OtherExpensesGrp/TotalAmt1140432
IRS990/OtherExpensesGrp/TotalAmt2135315
IRS990/OtherExpensesGrp/TotalAmt3124000
IRS990/OtherSalariesAndWagesGrp/FundraisingAmt04811
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0393414
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt01452265
IRS990/OtherSalariesAndWagesGrp/TotalAmt01850490
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/FundraisingAmt0355
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt029003
IRS990/PayrollTaxesGrp/ProgramServicesAmt0107062
IRS990/PayrollTaxesGrp/TotalAmt0136420
IRS990/PensionPlanContributionsGrp/FundraisingAmt0171
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt013994
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt051659
IRS990/PensionPlanContributionsGrp/TotalAmt065824
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt01800
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt027082
IRS990/PrincipalOfficerNm0BEN WU
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/Desc0REIMBURSEMENT INCOME
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0125115
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt04908187
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0903
IRS990/PYOtherExpensesAmt02962233
IRS990/PYOtherRevenueAmt0121473
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-207079
IRS990/PYSalariesCompEmpBnftPaidAmt02275409
IRS990/PYTotalExpensesAmt05237642
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt05030563
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0624551
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0125115
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0351829
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0353313
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/CurrentTaxYearAmt04982634
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04908187
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt04460343
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0500000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt014851164
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt01949
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0903
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01123
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt03975
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0125115
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt0121473

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,221,806
Liabilities
$1,114,524
Net assets
$2,107,282
Revenue
$5,109,698
Expenses
$4,485,147
Net income
$624,551
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
2019Detailed filing. Detailed filing data is available for this year.$3.22$1.11$2.11$5.11$4.49$0.62
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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