Civic Intelligence

Davidson Nicely Associate Assistance Fund

990 • Fiscal year 2023 • EIN 81-4803325

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 14, 2024

5260 Western AvenueChevy Chase, MD 20815

(240) 541-6023

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.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Liabilities / Revenue

42nd percentile

0.22x

Higher debt load relative to revenue than 42% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Net Margin

3rd percentile

-106%

Higher net margin than 3% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

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.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Source year 2023

Asset Growth

70th percentile

14%

Faster asset growth than 70% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Revenue Growth

17th percentile

-18%

Faster revenue growth than 17% of similar nonprofits.

2023 filings • 501(c)3 • $25M-$50M nonprofits • Annualized from 2022 to 2023

Assets

Up

$49,251,365

Up $6,021,816 (+14%) from 2022

Net Assets

Up

$49,156,234

Up $6,002,783 (+14%) from 2022

Liabilities

Up

$95,131

Up $19,033 (+25%) from 2022

Revenue

Down

$423,351

Down $93,599 (-18%) from 2022

Expenses

Down

$873,423

Down $143,275 (-14%) from 2022

Net Income

Up

-$450,072

Up $49,676 (+9.9%) from 2022

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

2023

Assets$49,251,365
Liabilities$95,131
Net Assets$49,156,234

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

2023

Revenue$423,351
Expenses$873,423
Net Income-$450,072
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 14, 2024
Return Version
2023v5.0
Gross Receipts
$618,007
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$42,753,305$49,011,504▲ $6,258,199
Savings and Temporary Cash Investments$476,244$239,861▼ $236,383
Total Assets$43,229,549$49,251,365▲ $6,021,816
Liabilities
Other Liabilities$76,098$95,131▲ $19,033
Total Liabilities$76,098$95,131▲ $19,033
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$43,153,451$49,156,234▲ $6,002,783
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$43,153,451$49,156,234▲ $6,002,783
Total Liabilities and Net Assets / Fund Balance$43,229,549$49,251,365▲ $6,021,816
Compensation and Service Providers

Board Members and Trustees

NameTitle
Amy WolfePresident & Chairwoman
Alison FazioDirector
Damon BurrellDirector
Melissa GallaroDirector
Tangela RichterDirector
Christopher NowackSecretary
Victoria VronSecretary
Suhasini CetlurTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$313,234
Program Service Revenue
$0
Investment Income
$110,117
Other Revenue
$0
All Other Contributions
$313,234
Change in Net Assets
$-450,072

Audited Revenue Reconciliation

Revenue per Audited Statements
$423,351
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$6,452,855
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$6,876,206
Total Revenue per Form 990
$423,351
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$825,527
Other Expenses$47,896
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$825,527--$825,527
Fees for Services Legal-$16,350-$16,350
Other Expenses$0$25$0$25
Total Functional Expenses$825,527$47,896$0$873,423

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$873,423
Total Expenses per Audited Statements$873,423
Total Expenses per Form 990$873,423
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$95,131
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

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 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
2405416023
Address
5260 WESTERN AVENUE, CHEVY CHASE, MD 20815

Signing Officer

Name
Suhasini Cetlur
Title
Treasurer
Phone
2405416023
Signed
2024-11-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Suhasini Cetlur
Formed
2016
Legal Domicile
De
Voting Board Members
8
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
PwC US Tax LLP
Address
263 Tresser Boulevard Suite 800, Stamford, CT 06901
Preparer
Ann McAuliffe
Phone
2035393000
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 sustained 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, 2023 and 2022 there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress.

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IRS990ScheduleA/PublicSupportTotal170Amt0759649
IRS990ScheduleA/SubstantialContributorsTotAmt0475176
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0313234
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt092586
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0123566
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0678994
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt026445
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01234825
IRS990ScheduleA/TotalSupportAmt01241204
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt00
IRS990ScheduleD/DonatedServicesUseFcltsAmt00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0873423
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt00
IRS990ScheduleD/InvestmentExpensesNotIncldAmt00
IRS990ScheduleD/LossesReportedAmt00
IRS990ScheduleD/NetUnrealizedGainsInvstAmt06452855
IRS990ScheduleD/OtherExpensesIncludedAmt00
IRS990ScheduleD/OtherExpensesNotIncludedAmt00
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt095131
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0INTERCOMPANY PAYABLES
IRS990ScheduleD/OtherRevenueAmt00
IRS990ScheduleD/OtherRevenuesNotIncludedAmt00
IRS990ScheduleD/PriorYearAdjustmentsAmt00
IRS990ScheduleD/RecoveriesPriorYearGrantsAmt00
IRS990ScheduleD/RevenueNotReportedAmt06452855
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0423351
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 sustained 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, 2023 and 2022 there are no uncertain positions taken or expected to be taken that would require recognition of a liability (or asset) or disclosure in the financial statements. The Fund is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax period in progress.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule D, Part X, Line 2
IRS990ScheduleD/TotalExpensesPerForm990Amt0873423
IRS990ScheduleD/TotalLiabilityAmt095131
IRS990ScheduleD/TotalRevenuePerForm990Amt0423351
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt06876206
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0873423
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0825527
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0EMERGENCY RELIEF
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/NonCashAssistanceAmt00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0142
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0BOOK VALUE
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
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0CHRISTOPHER NOWACK
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0SECRETARY
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd00
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 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/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/InvolvedAmt019033
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

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