Civic Intelligence

Bitcamp Inc.

990 • Fiscal year 2020 • EIN 81-4113393

Jan 01, 2020 to Dec 31, 2020 • Filed on May 12, 2021

387 Technology STE 1100College Park, MD 20740

(301) 316-8661

Siviq Scores

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

Liabilities / Assets

52nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

53rd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

92nd percentile

60%

Higher net margin than 92% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

57th percentile

8.5%

Faster asset growth than 57% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Revenue Growth

16th percentile

-62%

Faster revenue growth than 16% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2020

Assets

Up

$28,500

Up $7,573 (+36%) from 2019

Net Assets

Up

$28,500

Up $7,573 (+36%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$12,603

Down $50,130 (-80%) from 2019

Expenses

Down

$5,029

Down $60,977 (-92%) from 2019

Net Income

Up

$7,574

Up $10,847 (+331%) from 2019

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2016: $1,013Liabilities 2016: $0Net Assets 2016: $1,0132016Assets 2017: $24,034Liabilities 2017: $0Net Assets 2017: $24,0342017Assets 2018: $24,200Liabilities 2018: $0Net Assets 2018: $24,2002018Assets 2019: $20,927Liabilities 2019: $0Net Assets 2019: $20,9272019Assets 2020: $28,500Liabilities 2020: $0Net Assets 2020: $28,5002020Assets 2021: $13,522Liabilities 2021: $0Net Assets 2021: $13,5222021Assets 2022: $6,354Liabilities 2022: $0Net Assets 2022: $6,3542022Assets 2023: $16,320Liabilities 2023: $0Net Assets 2023: $16,3202023Assets 2024: $18,065Liabilities 2024: $0Net Assets 2024: $18,0652024

Highlighted filing

2020

Assets$28,500
Liabilities$0
Net Assets$28,500

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $4,216Expenses 2016: $3,663Net Income 2016: $5532016Revenue 2017: $94,250Expenses 2017: $71,229Net Income 2017: $23,0212017Revenue 2018: $85,038Expenses 2018: $84,872Net Income 2018: $1662018Revenue 2019: $62,733Expenses 2019: $66,006Net Income 2019: -$3,2732019Revenue 2020: $12,603Expenses 2020: $5,029Net Income 2020: $7,5742020Revenue 2021: $8,496Expenses 2021: $23,473Net Income 2021: -$14,9772021Revenue 2022: $37,123Expenses 2022: $44,292Net Income 2022: -$7,1692022Revenue 2023: $40,232Expenses 2023: $30,267Net Income 2023: $9,9652023Revenue 2024: $53,500Expenses 2024: $51,756Net Income 2024: $1,7442024

Highlighted filing

2020

Revenue$12,603
Expenses$5,029
Net Income$7,574
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 12, 2021
Return Version
2020v4.1
Gross Receipts
$12,603
Mission and Program Overview

Mission

Bitcamp organizes and executes high quality hackathons and other educational events.

Promote a place where students can explore technology.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$20,927$28,500▲ $7,573
Total Assets$20,927$28,500▲ $7,573
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$20,927$28,500▲ $7,573
Total Net Assets Fund Balance$20,927$28,500▲ $7,573
Total Liabilities and Net Assets / Fund Balance$20,927$28,500▲ $7,573
Compensation and Service Providers

Board Members and Trustees

NameTitle
Dhanvee IvaturiCoExecutive Director
Neha ShijoCoExecutive Director
Anaum KhanFinance Director
Revenue and Support

Revenue Composition

Contributions and Grants
$12,603
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$12,603
Change in Net Assets
$7,574
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$5,029
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings$3,591--$3,591
Information Technology-$646-$646
Advertising-$268-$268
Other Expenses-$265-$265
Office Expenses-$100-$100
All Other Expenses-$7-$7
Total Functional Expenses$3,591$1,438$0$5,029
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

A copy of the 990 form was provided to the president to be distributed to the rest of the Governing body.

Conflict of interest policy compliance Part VI line 12C

During the year, BITCAMP has not entered into any transaction or arrangement that might benefit the private interest of an officer or director of the Organization or might result in a possible excess benefit transaction. However, BITCAMP would follow set procedures if it contemplated entering into transactions that may raise the possibility of conflict of interest. By doing so, it would ensure that the interested person properly discloses the financial interest; that it determines whether a conflict of interest exists; and that established procedures are followed when addressing such matters.

Governing documents etc available to public Part VI line 19

Upon request either by mail or telephone.

Filing and Contact Details

Filer

Filer Name
Bitcamp LLC
EIN
81-4113393
Address
387 Technology STE 1100, College Park, MD 20740

Signing Officer

Name
Anaum Khan
Title
Finance Directo
Phone
3013168661
Signed
2021-05-12
Discuss with paid preparer
No

Organization Details

Formed
2016
Legal Domicile
Md
Voting Board Members
3
Independent Board Members
0
Employees
0

Preparer

Firm
A&M Financial Services Inc
Address
1712 Loft Way, Silver Spring, MD 20904
Preparer
Allan Michel
Phone
2404818202
Supplemental Narrative

Additional Explanations

Explanation of other changes in net assets or fund balances Part XI line 9

Rounding difference

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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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Filings