Civic Intelligence

Howard Ecoworks Inc.

990 • Fiscal year 2022 • EIN 81-2054803

Jan 01, 2022 to Dec 31, 2022 • Filed on Oct 25, 2023

9770 Patuxent Woods DrColumbia, MD 21046

(443) 518-7665

Siviq Scores

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

Liabilities / Assets

90th percentile

0.63x

Higher debt load relative to assets than 90% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

86th percentile

0.52x

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

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

20th percentile

-13%

Higher net margin than 20% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

84th percentile

$86,973

Higher top officer pay than 84% of similar nonprofits.

Top officer pay equals 13.0% of source-year revenue.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2022

Asset Growth

95th percentile

154%

Faster asset growth than 95% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

35th percentile

-3.2%

Faster revenue growth than 35% of similar nonprofits.

2022 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$550,594

Up $334,019 (+154%) from 2021

Net Assets

Down

$202,905

Down $4,992 (-2.4%) from 2021

Liabilities

Up

$347,689

Up $339,011 (+3907%) from 2021

Revenue

Down

$667,672

Down $22,091 (-3.2%) from 2021

Expenses

Up

$752,891

Up $14,915 (+2.0%) from 2021

Net Income

Down

-$85,219

Down $37,006 (-77%) from 2021

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2017: $110,068Liabilities 2017: $264Net Assets 2017: $109,8042017Assets 2018: $135,443Liabilities 2018: $27,180Net Assets 2018: $108,2632018Assets 2019: $87,029Liabilities 2019: $4,229Net Assets 2019: $82,8002019Assets 2020: $247,255Liabilities 2020: $6,180Net Assets 2020: $241,0752020Assets 2021: $216,575Liabilities 2021: $8,678Net Assets 2021: $207,8972021Assets 2022: $550,594Liabilities 2022: $347,689Net Assets 2022: $202,9052022Assets 2023: $588,160Liabilities 2023: $316,142Net Assets 2023: $272,0182023Assets 2024: $1,514,929Liabilities 2024: $974,952Net Assets 2024: $539,9772024

Highlighted filing

2022

Assets$550,594
Liabilities$347,689
Net Assets$202,905

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2017: $370,239Expenses 2017: $260,435Net Income 2017: $109,8042017Revenue 2018: $589,502Expenses 2018: $613,974Net Income 2018: -$24,4722018Revenue 2019: $605,303Expenses 2019: $666,944Net Income 2019: -$61,6412019Revenue 2020: $827,565Expenses 2020: $654,441Net Income 2020: $173,1242020Revenue 2021: $689,763Expenses 2021: $737,976Net Income 2021: -$48,2132021Revenue 2022: $667,672Expenses 2022: $752,891Net Income 2022: -$85,2192022Revenue 2023: $1,235,240Expenses 2023: $1,168,473Net Income 2023: $66,7672023Revenue 2024: $1,512,265Expenses 2024: $1,246,171Net Income 2024: $266,0942024

Highlighted filing

2022

Revenue$667,672
Expenses$752,891
Net Income-$85,219
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Oct 25, 2023
Return Version
2022v5.0
Gross Receipts
$676,842
Mission and Program Overview

Mission

To empower communities and diverse workforces to respect and restore our natural systems for future generations

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments-$236,647-
Pledges and Grants Receivable$75,000$152,722▲ $77,722
Land, Buildings, and Equipment, Net$73,708$59,753▼ $13,955
Cash and Non-Interest-Bearing Accounts$148,564$30,634▼ $117,930
Accounts Receivable$24,950--
Investments in Publicly Traded Securities$20,385$16,288▼ $4,097
Prepaid Expenses and Deferred Charges$5,141--
Total Assets$347,748$550,594▲ $202,846
Other Assets Total-$54,550-
Liabilities
Deferred Revenue-$260,425-
Other Liabilities$0$44,486▲ $44,486
Accounts Payable and Accrued Expenses$55,746$42,778▼ $12,968
Total Liabilities$55,746$347,689▲ $291,943
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$217,002$176,170▼ $40,832
Net Assets With Donor Restrictions$75,000$26,735▼ $48,265
Total Net Assets Fund Balance$292,002$202,905▼ $89,097
Total Liabilities and Net Assets / Fund Balance$347,748$550,594▲ $202,846

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$59,753$48,137$107,890
Land$0--
Other Assets Org$54,550--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Lori LillyFounder & Executive DirectorFT$84,440$2,533$86,973

Board Members and Trustees

NameTitle
Kevin McalileyCo-chairperson
Kris AlthouseCo-chairperson
Bryan BoothVice Chairperson
Amity TrippDirector
James MortonDirector
Jamie FraserDirector
Lydia PooleDirector
Paul HaydenDirector
Ran ZhangDirector
Stephen LuttrellDirector
Don MohanialSecretary
Augusto J Martinez OrrantiaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$386,599
Program Service Revenue
$251,116
Investment Income
$-6,015
Other Revenue
$35,972
All Other Contributions
$32,503
Change in Net Assets
$-85,219

Audited Revenue Reconciliation

Revenue per Audited Statements
$667,672
Revenue Not Reported on Form 990
$-3,878
Total Revenue per Audited Statements
$663,794
Total Revenue per Form 990
$667,672
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$498,789
Other Expenses$254,102
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$320,125$45,451$0$365,576
Current Officers, Directors, Trustees, and Key Employees$84,440$0$0$84,440
Payroll Taxes$34,357$3,860$0$38,217
Fees for Services Other$0$32,745$0$32,745
Insurance$26,644$2,993$0$29,637
Information Technology$18,652$2,095$0$20,747
Depreciation Depletion$17,484$0$0$17,484
Office Expenses$12,820$1,441$0$14,261
Occupancy$11,251$1,264$0$12,515
Travel$11,881$625$0$12,506
Other Expenses$11,058$0$0$11,058
Other Employee Benefits$9,490$1,066$0$10,556
All Other Expenses$6,850$448$0$7,298
Advertising$4,973$559$0$5,532
Total Functional Expenses$659,002$93,889$0$752,891

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$752,891
Total Expenses per Audited Statements$752,891
Total Expenses per Form 990$752,891
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability$44,486
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
Filing and Contact Details

Filer

Filer Name
Howard Ecoworks Inc
EIN
81-2054803
Phone
4435187665
Address
9770 PATUXENT WOODS DR, COLUMBIA, MD 21046

Signing Officer

Name
Lori Lilly
Title
Founder & Executive Director
Phone
4435187665
Signed
2023-10-25

Organization Details

Principal Officer
Lori Lilly
Formed
2016
Legal Domicile
Md
Voting Board Members
12
Independent Board Members
12
Employees
42
Volunteers
250

Preparer

Firm
Anderson Davis & Associates CPA Pa
Address
1406 B SOUTH CRAIN HWY STE 204, GLEN BURNIE, MD 21061
Preparer
Jay R Kapadia CPA
Phone
4107662645
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The 990 will be reviewed by the board of directors and is filed after their approval.

Pt VI, Line 12C

Howard ecoworks regularly monitors compliance with the conflict of interest policy by requiring relevant members to disclose any actual or potential conflict of interest as soon as it is known, or reasonably should be known. This requirement is continuous and ongoing. The monitoring is made effective by reviewing required questionnaires and periodic reviews done by the board of directors and management.

Pt VI, Line 19

All governing documents, policies and financial statements are provided and available upon request.

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