Civic Intelligence

Davidson Nicely Associate Assistance Fund

990 • Fiscal year 2021 • EIN 81-4803325

Jan 01, 2021 to Dec 31, 2021 • Filed on Oct 25, 2022

5260 Western AvenueChevy Chase, MD 20815

(301) 718-5503

Siviq Scores

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

Liabilities / Assets

7th percentile

0.00x

Higher debt load relative to assets than 7% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Liabilities / Revenue

51st percentile

0.28x

Higher debt load relative to revenue than 51% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Net Margin

1st percentile

-254%

Higher net margin than 1% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Top Officer Pay

9th percentile

$0

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2021

Asset Growth

81st percentile

27%

Faster asset growth than 81% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Revenue Growth

2nd percentile

-73%

Faster revenue growth than 2% of similar nonprofits.

2021 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2020 to 2021

Assets

Up

$42,773,468

Up $9,114,793 (+27%) from 2020

Net Assets

Up

$42,720,746

Up $9,079,318 (+27%) from 2020

Liabilities

Up

$52,722

Up $35,475 (+206%) from 2020

Revenue

Down

$187,532

Down $498,297 (-73%) from 2020

Expenses

Down

$664,125

Down $125,581 (-16%) from 2020

Net Income

Down

-$476,593

Down $372,716 (-359%) from 2020

Historical Trend

Balance Sheet Trend

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

$80M$60M$40M$20M$0Assets 2018: $30,495,331Liabilities 2018: $3,061Net Assets 2018: $30,492,2702018Assets 2019: $33,029,730Liabilities 2019: $11,572Net Assets 2019: $33,018,1582019Assets 2020: $33,658,675Liabilities 2020: $17,247Net Assets 2020: $33,641,4282020Assets 2021: $42,773,468Liabilities 2021: $52,722Net Assets 2021: $42,720,7462021Assets 2022: $43,229,549Liabilities 2022: $76,098Net Assets 2022: $43,153,4512022Assets 2023: $49,251,365Liabilities 2023: $95,131Net Assets 2023: $49,156,2342023Assets 2024: $61,044,734Liabilities 2024: $120,110Net Assets 2024: $60,924,6242024

Highlighted filing

2021

Assets$42,773,468
Liabilities$52,722
Net Assets$42,720,746

Operations Trend

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

$30M$20M$10M$0-$10MRevenue 2018: $29,596,152Expenses 2018: $142,384Net Income 2018: $29,453,7682018Revenue 2019: $98,575Expenses 2019: $775,745Net Income 2019: -$677,1702019Revenue 2020: $685,829Expenses 2020: $789,706Net Income 2020: -$103,8772020Revenue 2021: $187,532Expenses 2021: $664,125Net Income 2021: -$476,5932021Revenue 2022: $516,950Expenses 2022: $1,016,698Net Income 2022: -$499,7482022Revenue 2023: $423,351Expenses 2023: $873,423Net Income 2023: -$450,0722023Revenue 2024: $1,484,860Expenses 2024: $1,472,032Net Income 2024: $12,8282024

Highlighted filing

2021

Revenue$187,532
Expenses$664,125
Net Income-$476,593
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 25, 2022
Return Version
2021v4.0
Gross Receipts
$323,811
Mission and Program Overview

Mission

The organization's mission is to provide immediate financial support to geico associates and their families during times of disaster and when specific unexpected emergency economic hardship events occur.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$33,249,462$42,669,094▲ $9,419,632
Savings and Temporary Cash Investments$409,213$104,374▼ $304,839
Total Assets$33,658,675$42,773,468▲ $9,114,793
Other Assets Total$0--
Liabilities
Other Liabilities$17,247$52,722▲ $35,475
Total Liabilities$17,247$52,722▲ $35,475
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$33,641,428$42,720,746▲ $9,079,318
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$33,641,428$42,720,746▲ $9,079,318
Total Liabilities and Net Assets / Fund Balance$33,658,675$42,773,468▲ $9,114,793
Compensation and Service Providers

Board Members and Trustees

NameTitle
Janice HobartPresident
Franklin SilvaDirector
John PhamDirector
Laura PhillipsDirector
Melissa GallaroDirector
Seth IngallDirector
Bill RobinsonSecretary
Hollis WhiteTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$123,566
Program Service Revenue
$0
Investment Income
$63,966
Other Revenue
$0
All Other Contributions
$123,566
Change in Net Assets
$-476,593

Audited Revenue Reconciliation

Revenue per Audited Statements
$187,532
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$9,555,911
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$9,743,443
Total Revenue per Form 990
$187,532
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$592,924
Other Expenses$71,201
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$592,924--$592,924
Information Technology-$34,100-$34,100
Fees for Services Other-$18,733-$18,733
Fees for Services Legal-$13,257-$13,257
Other Expenses$0$1,270$0$1,270
Total Functional Expenses$592,924$71,201$0$664,125

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$664,125
Total Expenses per Audited Statements$664,125
Total Expenses per Form 990$664,125
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
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
Intercompany payables$52,722
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
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

Governance Explanations

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

The president and the treasurer review the form 990. The completed form 990 is distributed to the board of directors before it is filed. The form 990 is signed by the treasurer and filed by the due date.

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

The directors and officers sign an acknowledgement annually attesting that they have read, understood, and abided by the conflict of interest policy.

Form 990, Part VI, Section C, Line 19

The organization provides its governing documents, conflict of interest policy, and the financial statements upon request. These documents are posted on geico's intranet when the audited financial statements are completed; and these documents are updated once new information becomes available.

Filing and Contact Details

Filer

Filer Name
Davidson Nicely Associate Assistance Fund
EIN
81-4803325
Phone
3017185503
Address
5260 WESTERN AVENUE, CHEVY CHASE, MD 20815

Signing Officer

Name
Hollis White
Title
Treasuer
Phone
3017185503
Signed
2022-10-25

Organization Details

Principal Officer
Hollis White
Formed
2016
Legal Domicile
De
Voting Board Members
7
Independent Board Members
0
Employees
0
Volunteers
0
Supplemental Narrative

Financial Statement Notes

Schedule D, Part X, Line 2

Accounting principles generally accepted in the united states of america require fund management to evaluate tax positions taken by the fund and recognize a tax liability (or asset) if the fund has taken an uncertain position that more likely than not would not be sustaned upon examination by the federal and state authorities. The fund administrator has analyzed the tax positions taken by the fund and has concluded that as of december 31, 2021 and 2020 there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclose in the financial statements. The fund is subject to routine audits by tax taxing jurisdiction; however, there are currently no audits for any tax period in progress.

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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0121
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt01184
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0289
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt01595
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportTotal170Amt0351737
IRS990ScheduleA/SubstantialContributorsTotAmt0483268
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0123566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0678994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt026445
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt06000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0835005
IRS990ScheduleA/TotalSupportAmt0836600
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0664125
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt09555911
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt052722
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Intercompany payables
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt09555911
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0187532
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE FUND MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FUND AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE FUND HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTANED UPON EXAMINATION BY THE FEDERAL AND STATE AUTHORITIES. THE FUND ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FUND AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2021 AND 2020 THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSE IN THE FINANCIAL STATEMENTS. THE FUND IS SUBJECT TO ROUTINE AUDITS BY TAX TAXING JURISDICTION; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIOD IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalExpensesPerForm990Amt0664125
IRS990ScheduleD/TotalLiabilityAmt052722
IRS990ScheduleD/TotalRevenuePerForm990Amt0187532
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt09743443
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0664125
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0592924
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EMERGENCY RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0110
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION MONITORS ITS USE OF GRANT FUNDS BY STRICTLY CONTROLLING THE PROCESS FOR EMPLOYEES TO QUALIFY, APPLY, AND RECEIVE GRANT FUNDS. GRANT AWARDS ARE DETERMINED BY A GRANT SELECTION COMMITTEE WHICH CONSISTS OF SEVEN CURRENT GEICO EMPLOYEES. TO QUALIFY FOR ASSISTANCE, THE QUALIFYING EVENT MUST HAVE OCCURRED WITHIN NINE MONTHS OF THE SUBMISSION DATE OF THE APPLICATION AND MUST HAVE BEEN BEYOND THE ASSOCIATE'S CONTROL. QUALIFYING EVENTS FALL INTO FIVE CATEGORIES: DISASTERS, SERIOUS ILLNESS OR INJURY, DEATH, MILITARY DEPLOYMENT OR DOMESTIC VIOLENCE. GRANTS ARE DETERMINED BY FINANCIAL NEED AND SUPPORTING DOCUMENTATION AND ARE LIMITED TO $25,000 PER ASSOCIATE IN A 12-MONTH PERIOD.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule I, Part I, Line 2
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PRESIDENT AND THE TREASURER REVIEW THE FORM 990. THE COMPLETED FORM 990 IS DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED. THE FORM 990 IS SIGNED BY THE TREASURER AND FILED BY THE DUE DATE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE DIRECTORS AND OFFICERS SIGN AN ACKNOWLEDGEMENT ANNUALLY ATTESTING THAT THEY HAVE READ, UNDERSTOOD, AND ABIDED BY THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS UPON REQUEST. THESE DOCUMENTS ARE POSTED ON GEICO'S INTRANET WHEN THE AUDITED FINANCIAL STATEMENTS ARE COMPLETED; AND THESE DOCUMENTS ARE UPDATED ONCE NEW INFORMATION BECOMES AVAILABLE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Section B, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Section B, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Section C, Line 19
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/DirectControllingEntityName/BusinessNameLine1Txt0GEICO CORP
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EIN0530075853
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/EntityTypeTxt0C
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/OwnershipPct00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/PrimaryActivitiesTxt0INSURANCE
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/RelatedOrganizationName/BusinessNameLine1Txt0GOVERNMENT EMPLOYEES INSURANCE COMPANY
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfEOYAssetsAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/ShareOfTotalIncomeAmt00
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/AddressLine1Txt0ONE GEICO PLAZA
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/CityNm0WASHINGTON
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/StateAbbreviationCd0DC
IRS990ScheduleR/IdRelatedOrgTxblCorpTrGrp/USAddress/ZIPCd020076
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt035475
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0BOOK VALUE
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0GOVERNMENT EMPLOYEES INSURANCE COMPANY
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0p
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0AK
IRS990/StatesWhereCopyOfReturnIsFldCd1AL
IRS990/StatesWhereCopyOfReturnIsFldCd2AR
IRS990/StatesWhereCopyOfReturnIsFldCd3CA
IRS990/StatesWhereCopyOfReturnIsFldCd4CO
IRS990/StatesWhereCopyOfReturnIsFldCd5CT
IRS990/StatesWhereCopyOfReturnIsFldCd6DC
IRS990/StatesWhereCopyOfReturnIsFldCd7FL
IRS990/StatesWhereCopyOfReturnIsFldCd8GA
IRS990/StatesWhereCopyOfReturnIsFldCd9HI
IRS990/StatesWhereCopyOfReturnIsFldCd10IL
IRS990/StatesWhereCopyOfReturnIsFldCd11KS
IRS990/StatesWhereCopyOfReturnIsFldCd12KY
IRS990/StatesWhereCopyOfReturnIsFldCd13MA
IRS990/StatesWhereCopyOfReturnIsFldCd14MD
IRS990/StatesWhereCopyOfReturnIsFldCd15ME
IRS990/StatesWhereCopyOfReturnIsFldCd16MI
IRS990/StatesWhereCopyOfReturnIsFldCd17MN
IRS990/StatesWhereCopyOfReturnIsFldCd18MS
IRS990/StatesWhereCopyOfReturnIsFldCd19NC
IRS990/StatesWhereCopyOfReturnIsFldCd20ND
IRS990/StatesWhereCopyOfReturnIsFldCd21NH
IRS990/StatesWhereCopyOfReturnIsFldCd22NJ

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