Civic Intelligence

Umuc Ventures Inc.

990 • Fiscal year 2018 • EIN 81-2898004

Jul 01, 2017 to Jun 30, 2018 • Filed on May 14, 2019

7315 Wisconsin Ave Suite 400Bethesda, MD 20814

(301) 990-7898

Siviq Scores

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

Liabilities / Assets

61st percentile

0.37x

Higher debt load relative to assets than 61% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Liabilities / Revenue

56th percentile

0.37x

Higher debt load relative to revenue than 56% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Net Margin

72nd percentile

14%

Higher net margin than 72% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Top Officer Pay

46th percentile

$237,605

Higher top officer pay than 46% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2018

Asset Growth

97th percentile

101%

Faster asset growth than 97% of similar nonprofits.

2018 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2017 to 2018

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2017 to 2018

Assets

Up

$26,493,188

Up $13,301,112 (+101%) from 2017

Net Assets

Up

$16,788,094

Up $3,795,028 (+29%) from 2017

Liabilities

Up

$9,705,094

Up $9,506,084 (+4777%) from 2017

Revenue

Up

$26,378,581

Up $26,378,581 from 2017

Expenses

Up

$22,583,553

Up $20,576,619 (+1025%) from 2017

Net Income

Up

$3,795,028

Up $5,801,962 (+289%) from 2017

Historical Trend

Balance Sheet Trend

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

$60M$40M$20M$0Assets 2017: $13,192,076Liabilities 2017: $199,010Net Assets 2017: $12,993,0662017Assets 2018: $26,493,188Liabilities 2018: $9,705,094Net Assets 2018: $16,788,0942018Assets 2019: $30,189,096Liabilities 2019: $4,181,103Net Assets 2019: $26,007,9932019Assets 2020: $40,633,738Liabilities 2020: $4,291,231Net Assets 2020: $36,342,5072020Assets 2021: $44,098,237Liabilities 2021: $3,762,175Net Assets 2021: $40,336,0622021Assets 2022: $44,908,555Liabilities 2022: $4,116,186Net Assets 2022: $40,792,3692022Assets 2023: $43,352,317Liabilities 2023: $3,421,813Net Assets 2023: $39,930,5042023Assets 2024: $44,486,124Liabilities 2024: $5,023,323Net Assets 2024: $39,462,8012024

Highlighted filing

2018

Assets$26,493,188
Liabilities$9,705,094
Net Assets$16,788,094

Operations Trend

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

$100M$50M$0-$50MRevenue 2017: $0Expenses 2017: $2,006,934Net Income 2017: -$2,006,9342017Revenue 2018: $26,378,581Expenses 2018: $22,583,553Net Income 2018: $3,795,0282018Revenue 2019: $44,785,681Expenses 2019: $36,082,026Net Income 2019: $8,703,6552019Revenue 2020: $84,307,133Expenses 2020: $63,681,101Net Income 2020: $20,626,0322020Revenue 2021: $47,696,802Expenses 2021: $44,207,999Net Income 2021: $3,488,8032021Revenue 2022: $43,421,101Expenses 2022: $39,820,634Net Income 2022: $3,600,4672022Revenue 2023: $40,053,558Expenses 2023: $40,082,987Net Income 2023: -$29,4292023Revenue 2024: $50,739,113Expenses 2024: $51,469,395Net Income 2024: -$730,2822024

Highlighted filing

2018

Revenue$26,378,581
Expenses$22,583,553
Net Income$3,795,028
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
May 14, 2019
Return Version
2017v2.3
Gross Receipts
$26,378,581
Mission and Program Overview

Mission

See Schedule O

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$-2,006,934$16,788,094▲ $18,795,028
Pd in Cap Srpls Land Bldg Eqp Fund$15,000,000$0▼ $15,000,000
Cash and Non-Interest-Bearing Accounts$3,170,701$12,300,240▲ $9,129,539
Investments Program Related$10,000,000$10,000,000→ $0
Investments in Publicly Traded Securities$0$3,778,842▲ $3,778,842
Prepaid Expenses and Deferred Charges$14,558$322,042▲ $307,484
Land, Buildings, and Equipment, Net$4,317$53,818▲ $49,501
Accounts Receivable$0$38,246▲ $38,246
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$13,192,076$26,493,188▲ $13,301,112
Other Assets Total$2,500$0▼ $2,500
Liabilities
Deferred Revenue$0$7,350,300▲ $7,350,300
Accounts Payable and Accrued Expenses$199,010$2,354,794▲ $2,155,784
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$199,010$9,705,094▲ $9,506,084
Net Assets / Fund Balance
Total Net Assets Fund Balance$12,993,066$16,788,094▲ $3,795,028
Total Liabilities and Net Assets / Fund Balance$13,192,076$26,493,188▲ $13,301,112

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$53,818$9,969$63,787
Investment Program Related Org$10,000,000--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Michael RoarkCEOFT$207,692$29,913$237,605
William Dale YoungAccelerEd PresidentFT$155,769$18,408$174,177
Mark GerencserBoard MemberPT$100,000-$100,000
Cary PappasBoard MemberPT$95,000-$95,000
Doug LaneBoard MemberPT$95,000-$95,000
John A BatesBoard MemberPT$95,000-$95,000
Gregory NixonBoard MemberPT$95,000-$95,000
Clark GolestaniBoard MemberPT$80,000-$80,000
Linda SullivanBoard MemberPT$80,000-$80,000
Mark DeckerBoard MemberPT$80,000-$80,000
Mike FoleyBoard MemberPT$80,000-$80,000
Rhonda GermanyBoard MemberPT$80,000-$80,000
William RobertsBoard MemberPT$80,000-$80,000
Alex ShewchukVP FinanceFT$22,444$1,270$23,714
Tracy WoodsAccelerEd PresidentFT$4,808$7$4,815

Highest Paid Contractors

ContractorServicesLocationCompensation
Beecher Reagan Advisors LLCProfessional service801 Travis St Ste 1600, Houston, TX 77002$254,712
Frank Strategic MarketingProfessional service803 Oella Avenue, Ellicott City, MD 21043$230,857
Cooley LLPLegal service101 California Street 5th Floor 5t, San Francisco, CA 94111$167,943
TriBridge Partners LLCProfessional service1 E Pratt Street Suite 902, Baltimore, MD 21202$118,463
Revenue and Support

Revenue Composition

Contributions and Grants
$5,000,000
Program Service Revenue
$21,318,885
Investment Income
$59,696
Other Revenue
$0
Change in Net Assets
$3,795,028
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$14,471,518
Other Expenses$8,112,035
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$9,067,413$933,439-$10,000,852
Information Technology$4,601,261$208,596-$4,809,857
Current Officers, Directors, Trustees, and Key Employees$1,749,031$437,258-$2,186,289
Fees for Services Other$1,931,579$214,620-$2,146,199
Other Employee Benefits$781,751$131,474-$913,225
Payroll Taxes$699,443$84,961-$784,404
Pension Plan Contributions$557,411$29,337-$586,748
Advertising$67,205$291,614-$358,819
Fees for Services Legal$99,181$156,120-$255,301
Fees for Services Accounting-$158,428-$158,428
Travel$47,361$110,509-$157,870
Insurance$80,084$8,898$0$88,982
Office Expenses$45,636$15,212-$60,848
Occupancy$23,938$23,938-$47,876
Other Expenses$16,212$1,801-$18,013
Depreciation Depletion$8,858$984-$9,842
Total Functional Expenses$19,776,364$2,807,189$0$22,583,553
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

A copy of the form 990 will be provided to the organization's board members prior to filing with the irs.

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

Each director, principal officer and member of a committee with governing board delegated powers shall annually sign a statement which affirms such person: a. Has received a copy of the conflicts of interest policy, b. Has read and understands the policy, c. Has agreed to comply with the policy, and d. Understands the organization is charitable and in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax exempt purposes.

Form 990, Part VI, Section C, Line 18:

The organization makes its governing documents, conflict of interest policy and financial statements available upon request.

fORM 990, Part VI, Line 19:

The organization makes its governing documents, conflict of interest policy and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
UMUC Ventures Inc
EIN
81-2898004
In Care Of
% ALEXIS SHEWCHUK
Phone
3019907898
Address
7315 Wisconsin Ave Suite 400, Bethesda, MD 20814

Signing Officer

Name
Alexis Shewchuk
Title
VP Finance
Phone
3019907898
Signed
2019-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Michael Foley
Formed
2016
Legal Domicile
Md
Voting Board Members
11
Independent Board Members
0
Employees
95

Preparer

Firm
Bdo USA Llp
Address
8401 GREENSBORO DRIVE 800, MCLEAN, VA 22102
Preparer
Joyce Underwood
Phone
7038930600
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1 and Part III, Line 1 - Long Mission:

Umuc ventures is a supporting organization of the university of maryland university college (umuc). The purpose of umuc ventures is threefold: - to support umuc's transformation into a first-class, market-leading innovation hub and the higher education destination of choice for adult learners wishing to advance their careers. - to create a platform from which all higher education, especially university system of maryland institutions, can leverage the potential of best practices and scale services common to the delivery of higher education. - to generate and capture economic benefit to enable umuc to increase its capacity to deliver a low-cost, high-value offering to its students.

Form 990, Part III, Line 2:

Created AccelerEd LLC and hired additional staff to commence assessment, exploration, and transformation activities, and to begin to deliver services to the university and to prepare to deliver them to other higher education institutions.

Financial Statement Notes

PART X, LINE 2:

The organization accounts for uncertain tax positions inaccordance with the provisions of ASC 740-10, accounting for uncertainty in income taxes, which states that a company must recognize the tax benefit associated with the tax positions taken for tax return purposes when it is more-likely-than-not that the position will be sustained. The organization beleives that it has no unrecognized uncertain tax positions or any related penalties and interest to accrue as of June 30, 2018 and 2017. Tax years 2016 through 2017 remain subject to examination by the IRS.

Raw XML AppendixShowing 400 of 677 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0199010
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt02354794
IRS990/AccountsReceivableGrp/BOYAmt00
IRS990/AccountsReceivableGrp/EOYAmt038246
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0See Schedule O
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0291614
IRS990/AdvertisingGrp/ProgramServicesAmt067205
IRS990/AdvertisingGrp/TotalAmt0358819
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ALEXIS SHEWCHUK
IRS990/BooksInCareOfDetail/PhoneNum03019907898
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt07315 Wisconsin Ave Ste 400
IRS990/BooksInCareOfDetail/USAddress/CityNm0Bethesda
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MD
IRS990/BooksInCareOfDetail/USAddress/ZIPCd020814
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CapStkTrPrinCurrentFundsGrp/BOYAmt00
IRS990/CapStkTrPrinCurrentFundsGrp/EOYAmt00
IRS990/CashNonInterestBearingGrp/BOYAmt03170701
IRS990/CashNonInterestBearingGrp/EOYAmt012300240
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt04
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0437258
IRS990/CompCurrentOfcrDirectorsGrp/ProgramServicesAmt01749031
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt02186289
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt0254712
IRS990/ContractorCompensationGrp/CompensationAmt1230857
IRS990/ContractorCompensationGrp/CompensationAmt2167943
IRS990/ContractorCompensationGrp/CompensationAmt3118463
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0801 Travis St Ste 1600
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1803 Oella Avenue
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2101 California Street 5th Floor 5t
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt31 E Pratt Street Suite 902
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0Houston
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1Ellicott City
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2San Francisco
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3Baltimore
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0TX
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1MD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3MD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd077002
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd121043
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd294111
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd321202
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0Beecher Reagan Advisors LLC
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1Frank Strategic Marketing
IRS990/ContractorCompensationGrp/ContractorName/PersonNm2Cooley LLP
IRS990/ContractorCompensationGrp/ContractorName/PersonNm3TriBridge Partners LLC
IRS990/ContractorCompensationGrp/ServicesDesc0Professional service
IRS990/ContractorCompensationGrp/ServicesDesc1Professional service
IRS990/ContractorCompensationGrp/ServicesDesc2Legal service
IRS990/ContractorCompensationGrp/ServicesDesc3Professional service
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt05000000
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt059696
IRS990/CYOtherExpensesAmt08112035
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt021318885
IRS990/CYRevenuesLessExpensesAmt03795028
IRS990/CYSalariesCompEmpBnftPaidAmt014471518
IRS990/CYTotalExpensesAmt022583553
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt026378581
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DeferredRevenueGrp/BOYAmt00
IRS990/DeferredRevenueGrp/EOYAmt07350300
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt0984
IRS990/DepreciationDepletionGrp/ProgramServicesAmt08858
IRS990/DepreciationDepletionGrp/TotalAmt09842
IRS990/Desc0UMUC VENTURES IS ENGAGED, THROUGH ITS OWN ACTIVITIES AND THROUGH ITS SUBSIDIARY, ACCELERED, LLC IN PROVIDING SERVICES TO UMUC AND CREATING A PLATFORM FROM WHICH TO SERVE HIGHER EDUCATION.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt095
IRS990/EmploymentTaxReturnsFiledInd0true
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt00
IRS990/EscrowAccountLiabilityGrp/EOYAmt00
IRS990/ExpenseAmt017259202
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt0158428
IRS990/FeesForServicesAccountingGrp/TotalAmt0158428
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt0156120
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt099181
IRS990/FeesForServicesLegalGrp/TotalAmt0255301
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0214620
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01931579
IRS990/FeesForServicesOtherGrp/TotalAmt02146199
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt06.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt26.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt46.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt65.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt712.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt85.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt95.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt105.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1140.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1240.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1340.0
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt1440.0
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt119099
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt127594
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt137
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt141270
IRS990/Form990PartVIISectionAGrp/PersonNm0Cary Pappas
IRS990/Form990PartVIISectionAGrp/PersonNm1Clark Golestani
IRS990/Form990PartVIISectionAGrp/PersonNm2Doug Lane
IRS990/Form990PartVIISectionAGrp/PersonNm3Gregory Nixon
IRS990/Form990PartVIISectionAGrp/PersonNm4John A Bates
IRS990/Form990PartVIISectionAGrp/PersonNm5Linda Sullivan
IRS990/Form990PartVIISectionAGrp/PersonNm6Mark Decker
IRS990/Form990PartVIISectionAGrp/PersonNm7Mark Gerencser
IRS990/Form990PartVIISectionAGrp/PersonNm8Mike Foley
IRS990/Form990PartVIISectionAGrp/PersonNm9Rhonda Germany
IRS990/Form990PartVIISectionAGrp/PersonNm10William Roberts
IRS990/Form990PartVIISectionAGrp/PersonNm11Michael Roark
IRS990/Form990PartVIISectionAGrp/PersonNm12William Dale Young
IRS990/Form990PartVIISectionAGrp/PersonNm13Tracy Woods
IRS990/Form990PartVIISectionAGrp/PersonNm14Alex Shewchuk
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt095000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt295000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt395000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt495000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt580000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt680000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7100000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt880000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt980000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1080000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11228506
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt12166583
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt134808
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1422444
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/TitleTxt0Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt1Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt3Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt9Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt10Board Member
IRS990/Form990PartVIISectionAGrp/TitleTxt11CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt12AccelerEd President
IRS990/Form990PartVIISectionAGrp/TitleTxt13AccelerEd President
IRS990/Form990PartVIISectionAGrp/TitleTxt14VP Finance
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr02016
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/FundraisingDirectExpensesAmt00
IRS990/FundraisingGrossIncomeAmt00
IRS990/GamingActivitiesInd0false
IRS990/GamingDirectExpensesAmt00
IRS990/GamingGrossIncomeAmt00
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt00
IRS990/GrantsPayableGrp/BOYAmt00
IRS990/GrantsPayableGrp/EOYAmt00
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt026378581
IRS990/GrossSalesOfInventoryAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt02
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt0208596
IRS990/InformationTechnologyGrp/ProgramServicesAmt04601261
IRS990/InformationTechnologyGrp/TotalAmt04809857
IRS990/InsuranceGrp/FundraisingAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt08898
IRS990/InsuranceGrp/ProgramServicesAmt080084
IRS990/InsuranceGrp/TotalAmt088982
IRS990/IntangibleAssetsGrp/BOYAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/BOYAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt059696
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt059696
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt00
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/BOYAmt010000000
IRS990/InvestmentsProgramRelatedGrp/EOYAmt010000000
IRS990/InvestmentsPubTradedSecGrp/BOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt03778842
IRS990/IRPDocumentCnt025
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt09969
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04317
IRS990/LandBldgEquipBasisNetGrp/EOYAmt053818
IRS990/LandBldgEquipCostOrOtherBssAmt063787
IRS990/LegalDomicileStateCd0MD
IRS990/LoanOutstandingInd0false
IRS990/LoansFromOfficersDirectorsGrp/BOYAmt00
IRS990/LoansFromOfficersDirectorsGrp/EOYAmt00
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0See Schedule O
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt00
IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt00
IRS990/NetAssetsOrFundBalancesBOYAmt012993066
IRS990/NetAssetsOrFundBalancesEOYAmt016788094
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt023938
IRS990/OccupancyGrp/ProgramServicesAmt023938
IRS990/OccupancyGrp/TotalAmt047876
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015212
IRS990/OfficeExpensesGrp/ProgramServicesAmt045636
IRS990/OfficeExpensesGrp/TotalAmt060848
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt02500
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt0131474
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0781751
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0913225
IRS990/OtherExpensesGrp/Desc0Other
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01801
IRS990/OtherExpensesGrp/ProgramServicesAmt016212
IRS990/OtherExpensesGrp/TotalAmt018013
IRS990/OtherLiabilitiesGrp/BOYAmt00
IRS990/OtherLiabilitiesGrp/EOYAmt00
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0933439
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09067413
IRS990/OtherSalariesAndWagesGrp/TotalAmt010000852
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt084961
IRS990/PayrollTaxesGrp/ProgramServicesAmt0699443
IRS990/PayrollTaxesGrp/TotalAmt0784404
IRS990/PdInCapSrplsLandBldgEqpFundGrp/BOYAmt015000000
IRS990/PdInCapSrplsLandBldgEqpFundGrp/EOYAmt00
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt029337
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt0557411
IRS990/PensionPlanContributionsGrp/TotalAmt0586748
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt014558
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0322042
IRS990/PrincipalOfficerNm0Michael Foley
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0999999
IRS990/ProgramServiceRevenueGrp/Desc0Contract Revenue
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt021318885
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt021318885
IRS990/ProgSrvcAccomActy2Grp/Desc0UMUC VENTURES IS PROVIDING AND CONTRACTING SERVICES THROUGH WHICH IT IS HELPING UMUC TRANSFORM ITSELF INTO AN INNOVATION HUB AND HIGHER EDUCATION DESTINATION OF CHOICE.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt02517162
IRS990/ProgSrvcAccomActy2Grp/GrantAmt00
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02739304
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt00
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0930450
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-2006934
IRS990/PYSalariesCompEmpBnftPaidAmt01076484
IRS990/PYTotalExpensesAmt02006934
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt00
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2018 filings • 501(c)3 • $25M-$50M nonprofits